Tesla: who is Robyn Denholm, the woman who replaces Elon Musk | Economy | Business



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Robyn Dehholm's first job was to supply petrol to Milperra cars in New South Wales (Australia) at a service station owned by the parent company.

This week, she was named Elon Musk's successor as chairman of Tesla's board of directors, according to the company in a press release.

This 55-year-old accountant is not new to this company specializing in the manufacture of high-end electric cars. [19659004] Since 2014, he was part of the board of directors of the company and had among its members the highest paid: he has collected for the year only about 5 million US dollars, mainly in shares.

Denholm, who also chaired the Tesla Verification Committee came to this position as part of an agreement between the company and the US regulatory authorities following controversial comments. of Musk on social networks. He intended to buy back the shares of the company and prevent it from trading on the stock market.

His words blew up the value of the shares, but a few weeks later, Musk retracted.

The authorities then opened a file. for alleged fraud that was resolved through an agreement with a fine of US $ 40 million, the company having to pay US $ 20 million and Musk to deal with the rest.

The employer also had to resign. his position as chairman of the board of directors for three years and leaves him in the hands of an "independent".

It was at this moment that Denholm entered the scene.

FROM AUSTRALIA TO SILICON VALLEY

Denholm's career She started at the Arthur Andersen consulting firm, where she came to work after studying economics at the University of Sydney.

She was then recruited by Toyota's Australian subsidiary, where he worked for seven years until his first leap to California into the Sun Microsystems software company, where he held the position vice-president.

He continued his career at Juniper Networks, a multinational network services company. and Security, where she was Executive Vice President and Chief Financial Officer.

In 2017, she returned to Australia to become chief financial officer of Telstra, the country's largest telecommunications company.

In the coming months, she will respect her obligations. in society before baduming his new exclusive role at Tesla.

Too close to Musk, Denholm's appointment as chairman of the Tesla board has been mixed.

"Robyn has a long experience in the technology and automotive industry and as a member of the board of directors has made great contributions over the past four years to help us become a profitable business "said Musk, who will remain as Tesla's CEO.

Some badysts believe that he played a decisive role in the selection of Denholm. [19659019] "I think Musk has a lot to do with the national team and he wants to make sure he can understand himself," Chaim Siegel told Elazar Capital in Reuters.

Stephen Diamond, Government Professor At the University of Santa Clara (California), Denholm's appointment is not expected to be challenged by the regulatory authorities, as, in general, the concept of "independent" is interpreted in a vague way.

"But that violates the spirit of the agreement, which sought to change the culture of the board of directors so that there would be a counterweight to Musk's worst instincts, "warned Reuters academician.

Garrett Neilson, of the CFRA research firm, believes, however, that Tesla is trying to avoid the risk of naming a real alien who will eventually collide with Musk.

"We are positive that Denholm has previous experience in the industry with which he worked," said Nelson.

This past experience is apparently one of the elements that drives Denholm to work for Tesla.

" I adore being a member of the Tesla Board of Directors I am pbadionate about things like energy and technology," he said in an interview with last January to the website of Odgers Berndtson.

"What's exciting about Tesla is that this business is all-embracing instead of a specific technology and it's a rapidly changing environment."

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