Tesla picks Robyn Denholm to replace Elon Musk as chair [Los Angeles Times (CA)]
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Source: Los Angeles Times
Tesla picks Robyn Denholm to replace Elon Musk as chair Tesla Inc. has appointed Robyn Denholm, a director at the carmaker since 2014, to be chair of the board after a run-in with securities regulators cost Elon Musk the position he had held since leading the company’s first round of funding 14 years ago. Denholm, 55, one of two women on the nine-member board, will preside over Tesla’s board effective immediately, the company said in a statement. She will leave her role as chief financial officer and head of strategy at Telstra Corp., the Australian telecommunications company, once her six-month notice period ends. “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 the statement. It’s the end of an era for Musk, 47, who became chairman when he led a $7.5-million initial investment in the company in April 2004. While he’ll remain chief execut
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