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After tweeting that he planned to booty Tesla (TSLA) private, CEO Elon Musk was bound engulfed in controversy.

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It led to an analysis for artifice by the Securities and Exchange Commission — or the “Shortseller Enrichment Commission,” if you ask Musk; it ended with him accepting a settlement. Part of that adjustment forced Musk to abandon his role as armchair of the aggregation for three years.

Thursday at almost 2 a.m. ET, account bankrupt of Tesla’s new hire, that’s 11 p.m. on the West Coast headquarters. Still, it’s an odd time of day to advertise such a cogent appellation as chair. 

Tesla said Robyn Denholm would booty the role. She currently serves as the accounts arch and arch of action at Telstra, an Australian telecom aggregation area she has now put in her six-month abandonment notice. She additionally sits on Tesla’s lath of directors.

Shares are up about 2.5% to $356 in Thursday morning trading, but it begs the question, should Tesla accept gone alfresco of its aggregation to accompany in a new chair?

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For bigger or for worse, Tesla hasn’t absolutely done able-bodied in the cadre administration back it comes to abacus alfresco associates to its team. Specifically, it’s a bit of a revolving aperture at the company, as one can see in the clear below. The C-suite, in particular, is a bit attenuate and Musk could absolutely use a competent COO to advice accept some of the burden.

In any regard, bringing in a rockstar administrator could accept been the aboriginal footfall in about-face its administration team. 

For a abridgement of bigger terms, Tesla has a less-than-ideal banking bearings and at times, has run into believability issues. This would accept been a abundant time to accompany in a acclaimed name, either from Silicon Valley or the auto industry. Names like Alan Mulally, aforetime with Boeing (BA) and Ford Motor (F) , Facebook’s (FB) Sheryl Sandberg, or one of Alphabet’s (GOOGL) (GOOG) above-mentioned leaders like Eric Schmidt or Larry Page, may accept been too “big time,” but there are a cardinal of acclaimed players who could accept stepped into the role and fabricated a burst for Tesla. 

It would accept been a absolute befalling for Tesla to accompany in a beginning angle and an alfresco force to advice to accumulate Musk in check.

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All that said, Tesla is far from a acceptable company. It’s had agitation application C-suite aptitude and the aftermost affair the automaker needs is for its newly-named administrator to footfall bottomward in 6 to 12 months.

Further, Denholm has served on Tesla’s lath back 2014, so she understands affluence able-bodied how Musk and Tesla operate. The actuality that she serves as CFO at her accepted aggregation is also abating to investors, who hope she will allay some of the automaker’s banking burden.

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On the checks-and-balances front, shareholders appetite addition who will advice accumulate Musk in check, but not try to cossack him out. As abundant as a “rockstar” ability accept been animated by Wall Street, it could have put too abundant ego in the room. The aftermost affair investors appetite is the administrator aggravating to battle ascendancy abroad from Musk or creating a Steve Jobs situation, area he was affected out of the actual aggregation he founded in Apple (AAPL) .

“I accept in this company, I accept in its mission and I attending advanced to allowance Elon and the Tesla aggregation accomplish acceptable advantage and drive abiding actor value,” Denholm said.

And that’s that. Tesla autonomous to advance from aural and that’s not too hasty based on its accomplished hires. They could accept brought in an alien and attempted to bolster its angel and reputation. But hiring Denholm isn’t a attempt against Tesla’s reputation. Further, the achievement is that she can accompany a lot to the table in agreement of her banking accomplishment after agitation the baiter from a administration standpoint.

In that sense, Denholm as administrator checks a lot of boxes.

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