Photo courtesy Kevin Krejci
Photo courtesy Kevin Krejci

SolarCity Corp. recently anounced it will be forming a special committee composed of board members, Donald Kendall and Nancy Pfund to evaulate Tesla Motor Co.'s proposed offer to buyout the solar panel company.

Board members that sit on both boards kept themselves off this special committee:

SolarCity board members Elon Musk and Antonio Gracias have recused themselves as they sit on both company boards, along with SolarCity chief executive Lyndon Rive. Jeffrey Straubel, Tesla co-founder, and Peter Rive, SolarCity co-founder, recused themselves from board discussions about the merger.

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