•   
  •   

MoneyTelstra's new CFO is leaving to become Tesla's chair

20:12  09 november  2018
20:12  09 november  2018 Source:   businessinsider.com.au

Tesla appoints Robyn Denholm to replace Elon Musk as chair

Tesla appoints Robyn Denholm to replace Elon Musk as chair Denholm will leave her positions at Telstra after a six-month notice period.

Tesla ’ s Board of Directors is pleased to announce that Robyn Denholm has been appointed as Chair of the Tesla Board, effective immediately. To ensure a smooth transition during the remainder of Robyn’ s time at Telstra , Elon will be a resource to Robyn and provide any support that she requests

Tesla has announced that Robyn Denholm of Australia' s Telstra will become its new board chair . Musk agreed to vacate his post as board chairman as part of a settlement with U. S . regulators of a lawsuit alleging he duped investors with misleading statements about a proposed buyout of the

Telstra's new CFO is leaving to become Tesla's chair© Supplied Robyn Denholm Australian Robyn Denholm, who is taking over from Elon Musk as chair of Tesla in the US, believes that being courageous and being connected to people is the key to being a good leader.

Denholm, currently CFO and Head of Strategy at Telstra where she has been since January 2017, will be a full time head of the electric vehicle company once she has served out her six months notice at Australia's biggest telco.

Tesla has been looking for a new chair since founder Elon Musk was forced to step down as part of a settlement with the Securities and Exchange Commission over a tweet he made saying he had the funds to take the company private.

Can Australia's Robyn Denholm tame Elon Musk?

Can Australia's Robyn Denholm tame Elon Musk? The outgoing Telstra CFO faced a choice between one of the biggest jobs in corporate Australia, and perhaps the biggest job in the entire corporate world.

Tesla ’ s Board of Directors is pleased to announce that Robyn Denholm has been appointed as Chair of the Tesla Board, effective immediately. So that she will be able to devote her full attention to the Tesla Chair role, Robyn will be leaving her role as CFO and Head of Strategy at Telstra , Australia’ s

Tesla ’ s Board of Directors is pleased to announce that Robyn Denholm has been appointed as Chair of the Tesla Board, effective immediately. So that she will be able to devote her full attention to the Tesla Chair role, Robyn will be leaving her role as CFO and Head of Strategy at Telstra , Australia’ s

“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,” Denholm said in a statement.

She will get 8,000 in stock options each year on top of a $US300,000 retainer.

Denholm has both tech and auto industry experience, having worked at networking equipment and software security firm Juniper Networks, Sun Microsystems, and Toyota Australia.

She has been a director of Tesla since 2014. She will step down as Chair of Tesla’s Audit Committee during the transition to chair of the board of directors.

Telstra working to fix outage affecting eftpos machines, ATMs

Telstra working to fix outage affecting eftpos machines, ATMs Australian telecommunications giant Telstra is scrambling to restore a national outage that has left some bank customers unable to use eftpos or ATMs. Telstra is scrambling to restore a national outage that has left some bank customers ANZ customers in New South Wales, Victoria and Tasmania are among those affected. The fault emerged Friday morning and Telstra has said the cause is unclear. The outage also affected taxi services at one stage, but that issue has since been resolved. A Telstra spokesman said the company was working to restore services.

Tesla ’ s Board of Directors is pleased to announce that Robyn Denholm has been appointed as Chair of the Tesla Board, effective immediately. To ensure a smooth transition during the remainder of Robyn’ s time at Telstra , Elon will be a resource to Robyn and provide any support that she requests

Robyn will be serving as Tesla Chair on a full-time basis. Robyn has served on the Tesla Board as an independent director since 2014. Her global experience in both Australia and Silicon Valley encompasses leadership roles across a range of technology companies, including Telstra , Juniper

Denholm says leaders need to be courageous.

"Back yourself in terms of your thought processes and be prepared to take that big step to further your career or further advancement and believe in yourself," she said in a 2014 interview on Sky News.

She says being genuinely curious about how things work is also important.

"I think it's about being connected to people," she says.

"I think that's a very important part of leadership. Inspiring people, understanding people, getting people to do things they never thought they were capable of doping

"Also being creative and looking outside the box to solve problems."

Elon Musk says she has extensive experience in both the tech and auto industries.

"She has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company,” Musk says.

"I look forward to working even more closely with Robyn as we continue accelerating the advent of sustainable energy.”

Tesla's Model 3 Key Fob arrives without 'passive entry' feature

Tesla's Model 3 Key Fob arrives without 'passive entry' feature We knew a Tesla Model 3 key fob was coming thanks to an FCC application, now it's available to buy via the EV-maker's website for $150. 

Tesla ’ s Board of Directors is pleased to announce that Robyn Denholm has been appointed as Chair of the Tesla Board, effective immediately. To ensure a smooth transition during the remainder of Robyn’ s time at Telstra , Elon will be a resource to Robyn and provide any support that she requests

Robyn will be serving as Tesla Chair on a full-time basis. Robyn has served on the Tesla Board as an independent director since 2014. Her global experience in both Australia and Silicon Valley encompasses leadership roles across a range of technology companies, including Telstra , Juniper

In a company statement, Tesla says Elon Musk will be a resource to Denholm and provide any support she requests in her role as chair.

"Robyn will continue to provide the necessary focus and time to Telstra during the remainder of her time there," Tesla says.

Tesla says Denholm's global experience in both Australia and Silicon Valley encompasses leadership roles across a range of technology companies, including Telstra, Juniper Networks, and Sun Microsystems.

"She is widely credited with leading a team that drove significant increases in Juniper’s revenues, overseeing Juniper’s corporate transformation during her nine-year tenure as Chief Financial and Operations Officer," tesla says.

"Her experience also includes numerous finance management roles in the automotive industry while at Toyota."

Telstra CEO Andy Penn said: "We are sorry to see Robyn leave Telstra. We know that it has become increasingly difficult to balance her responsibilities as Telstra CFO with the increased activity of the Tesla Board."

The telco has started a search for a new Chief Financial Officer

Elon Musk's space Roadster just passed Mars.
On Friday, SpaceX announced that Starman, the Tesla space Roadster's makeshift pilot, has officially passed Mars' orbit. 

—   Share news in the SOC. Networks

Topical videos:

This is interesting!