Tesla has found a new chairperson to replace Elon MuskNovember 8, 2018
Tesla has appointed Robyn Denholm as the new chair of Tesla’s board of directors. The role was vacated after Elon Musk was forced to step down from the position over a dispute arising from his now infamous 420 tweet, in which he claimed to have secured funding to take Tesla private. The SEC sued Musk, calling his claim “false and misleading.” The executive later agreed to step down from the role and pay a fine of $20 million.
Commenting on the announcement Musk, who will remain CEO of the company, said:
Robyn has extensive experience in both the tech and auto industries, and she has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company … I look forward to working even more closely with Robyn as we continue accelerating the advent of sustainable energy.
Denholm has been a Tesla board member since 2014, and is also the CFO of Telstra, a major Australian telecoms provider — a role which she will be vacating in order to take up the position at Tesla full time. She also has significant experience working in both Silicon Valley and the automotive space, having held numerous financial positions at Sun Microsystems, Juniper Networks, and Toyota, where she served a seven-year tenure.