The current CFO of Telstra, Robyn Denholm will be leaving her current position in few months time to replace Elon Musk as the new Board Chairman
In connection with the SEC’s judgment that requires Elon Musk to step down as the board chairman, alongside with other fines which included $20 million in penalties, and a promise for plans to place procedures and controls on Musk’s tweets. This follows his misleading tweet several weeks ago, although the company may have finally found a replacement for him. Telsa announced that the current Chief Financial Officer, Robyn Denholm of the Telstra Corporation Limited, a telecommunications company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. Will hence hold the position of the Board Chairman in the automobile company.
While Robyn is already a board member of Tesla, she will be leaving her current position once her six-month notice period is up to serve as board chair of Tesla full-time.
“I believe in this company, I believe in its mission and I look forward to helping Elon and the Tesla team achieve sustainable profitability and drive long-term shareholder value,” Robyn said in a statement. She has previously held positions in finance and strategy at tech companies like Sun Microsystems and Juniper Networks and according to Musk, “she has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company.”
Elon Musk has taken to his tweeter page to show gratitude for the incoming Board Chair “Would like to thank Robyn for joining the team. Great respect. Very much look forward to working together” as seen in his tweet below
Would like to thank Robyn for joining the team. Great respect. Very much look forward to working together.
— Elon Musk (@elonmusk) November 8, 2018