According to Odaily Planet Daily, New York City Comptroller Brad Lander conveyed to Tesla's board of directors and CEO Elon Musk that Tesla, as a public company, should no longer act like a family business led by Musk. Lander oversees five public pension funds with an asset management scale of $242 billion. He believes that the CEO of a truly independent board will not be held by a person who is also the CEO of two other large companies. Lander and a coalition of seven other investors urged Tesla shareholders to vote down Musk's $47 billion stock option plan at the shareholders' meeting on June 13. They submitted a notice this week, setting out a series of concerns about corporate governance and Musk's "sky-high" salary. Lander said that although he did not lobby to replace Musk, Tesla's CEO could "absolutely" be replaced. He would rather the board negotiate a "suitable compensation plan" with Musk and hope that Musk can provide Tesla with the attention and focus required for this job.