Latest in Gear

Image credit:

Tesla replaces Elon Musk as board chair with Telstra CFO Robyn Denholm

Should be easy to edit those business cards.
Richard Lawler, @Rjcc
November 8, 2018
Share
Tweet
Share
Tesla

Sponsored Links

As part of his settlement with the SEC over tweets about taking Tesla private, Elon Musk agreed to step down from his post as chairman of the board of directors. Now, while he's still CEO and retains his seat on the board, Tesla has announced his replacement: Robyn Denholm. Already a Tesla board member, she is currently CFO and head of strategy for the Australian telecom Telstra, but will leave that post once her six-month notice period is up to serve as board chair of Tesla full-time.

Robyn Denholm

In a statement, Denholm said "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." She's 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."

Denholm also served on the committee that explored going private in the whirlwind period after Musk's fateful tweets. Other parts of the SEC settlement included $20 million in penalties, and a promise for plans to place procedures and controls on Musk's tweets.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Facebook is shutting down its Pinterest-like experimental app

Facebook is shutting down its Pinterest-like experimental app

View
Microsoft and Bridgestone launch real-time tire damage system

Microsoft and Bridgestone launch real-time tire damage system

View
Curiosity rover starts its 'summer trip' to next Martian destination

Curiosity rover starts its 'summer trip' to next Martian destination

View
Tom Hanks: 'Absolute heartbreak' that 'Greyhound' won't debut in theaters

Tom Hanks: 'Absolute heartbreak' that 'Greyhound' won't debut in theaters

View
CommStar will launch a relay satellite to talk to astronauts on the Moon

CommStar will launch a relay satellite to talk to astronauts on the Moon

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr