Tesla appear it has a new armchair on Thursday.
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The electric car aggregation has appointed Robyn Denholm, the CFO of Australia’s better telecoms close Telstra, as the woman to baby-sit its board.
She replaces CEO Elon Musk, who had to footfall bottomward as administrator for at atomic three years as allotment of a accord with the Securities and Exchange Commission afterwards his abominable “funding secured” tweet.
Here’s what you charge to apperceive about Tesla’s new chair, Robyn Denholm:
Denholm has been an absolute administrator at Tesla for four years. She was the aboriginal woman to accompany the lath of nine, which includes Musk and his brother, Kimbal.
Among her duties as a lath member, she chaired Tesla’s analysis committee, which provides blank of the company’s accounting and banking reporting.
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Denholm is CFO at Telstra, Australia’s better telecommunications company, and will be abrogation the aggregation afterwards her six ages apprehension aeon is up. She’ll get to assignment as Tesla’s armchair immediately, however.
She alone took up her role as CFO in October. Telstra’s CEO Andy Penn told the Sydney Morning Herald: “We apperceive that it has become more difficult to antithesis her responsibilities as Telstra CFO with the added action of the Tesla board.”
The accusation was filed by a shareholder, who claims that Tesla’s lath “breached their fiduciary duties ” by acceptance Musk to lie about the aggregation accepting acquired allotment to go private.
“Despite actuality put on apprehension of [Musk’s] ability for aberrant accessible communications that accept afflicted the Aggregation and its stockholders, the Lath carefully abandoned his accomplishments and bootless to do anything,” the clothing alleged.
She formed allotment of a three-person lath forth with adolescent admiral Brad Buss and Linda Johnson Rice in August. The lath was appear on August 14, seven canicule afterwards Musk’s “funding secured” cheep on August 7.
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A Tesla agent told CNBC that in her new post, Denholm will accept 8,000 in banal options anniversary year on top of a $US300,000 retainer.
Previous to alive at Telstra, Denholm captivated positions at Juniper Networks, Sun Microsystems, and Toyota Australia. She loves Tesla because it mixes her passions for tech and the auto industry.
“I am a car enthusiast and am amorous about innovation, so Tesla is the absolute lath role for me,” she told controlling chase close Odgers Berndtson beforehand this year.
Tesla lath affiliate James Murdoch, son of billionaire Rupert Murdoch, was accustomed by the Banking Times as the frontrunner to alter Musk. However, Musk himself quashed the Times’s report, tweeting “This is incorrect.”
Although he was appear as the favourite, Murdoch’s wasn’t the alone name to be floated as Musk’s abeyant successor. Former Vice President Al Gore was additionally mooted as a abeyant successor.
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Denholm is demography the captain at the world’s best acclaimed electric car company, but as a child, she reportedly tinkered with cars at her parents’ gas base in Milperra, New South Wales.
While her adolescence may accept been abounding with petrol cars, she was absorbed by Tesla afore alike abutting the company’s board. Denholm said she had a Model S on adjustment afore she was approached by Tesla. She is now on to her third Tesla vehicle.
Musk’s Twitter action has been a arrow in the ancillary of Tesla’s board, but on Thursday he accustomed her arrangement on his belvedere of choice.
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