Tesla Changes Up Board With Nomination of Former Tech Chief

Tesla, the electric vehicle and clean energy company, has announced changes to its board, with the nomination of a new director. The nomination is Robyn Denholm, who currently serves as chief financial officer and head of strategy at Australian telecommunications company Telstra. Denholm had previously served as a member of Tesla’s board of directors, and was the company’s chief financial officer from 2014 to 2017. She will replace Elon Musk, who was forced to step down as chairman of the board as part of a settlement with the Securities and Exchange Commission over tweets he made about taking the company public.

Denholm has extensive experience in the tech and automotive industries, having previously worked for Toyota and Juniper Networks. She will also be the first woman on Tesla’s board since 2013. The announcement of Denholm’s appointment comes as Tesla faces increasing scrutiny from investors and regulators, and many have speculated that the new director could help the company address some of its governance issues.

This change comes amid several other shakeups in the leadership of the company. Musk recently announced that the company’s general counsel, Dane Butswinkas, will leave Tesla less than two months after taking the job, and that the company’s president of global sales and service, Jon McNeill, is leaving to become the CEO of a new transportation startup.

Overall, these changes indicate that Tesla is taking steps to strengthen its board and leadership as it faces growing challenges. As one of the most innovative and disruptive companies in the automotive industry, the future of Tesla is closely watched by investors, customers, and stakeholders alike.