The Wall Street Journal: Tesla’s Robyn Denholm to replace Elon Musk as new chairman [MarketWatch]
Tesla, Inc. (TSLA)
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Source: MarketWatch
Tesla’s Robyn Denholm to replace Elon Musk as new chairman Tesla Inc. named Robyn Denholm as its new chairman, replacing Chief Executive Elon Musk as the head of the board with a relative outsider who will face the difficult task of overseeing the maverick billionaire. Denholm, the chief financial officer of Australian telecommunications firm Telstra Corp. TLS, -1.62% , has served on Tesla’s TSLA, +2.08% board since 2014 but has fewer ties to Musk than most of the company’s directors. Tesla said she would be leaving her CFO role at Telstra in the coming months. The announcement late Wednesday comes ahead of a Nov. 13 deadline that was part of Musk’s settlement with the U.S. Securities and Exchange Commission to end claims he misled investors. That deal required Musk to step aside as head of the board for three years in favor of an independent chairman. Installing Denholm, who is 55 years old, as chairman puts another leader at the top of Tesla for the first time since its earlie
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