As part of a deal reached with the Securities and Exchange Commission in September, Tesla has added two new independent directors to its board.

Effective as of Dec. 27, the new board members are Oracle co-founder Larry Ellison and Kathleen Wilson-Thompson, global chief human resources officer of Walgreens Boots Alliance, the nation’s largest pharmacy and health and wellness company.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...