Sunday , June 20 2021

She is chosen to "waist in pajamas"



In the selection process Robyn Denholm to "control" Elon Musk, Tesla's management met with some of the best managers who have climbed to positions in the financial departments of international companies.

Those who know Denholm say their sensible methods may be exactly what Tesla needs.

"Everything about her is rational, reasonable and warm, and I'm not surprised he got the job," said Scott McNealy, co-founder and former president of Sun Microsystems in a telephone interview. "If Elon listens to her, it will be much more successful"

As the president of the board of Tesla, Denholm, 55, he will be responsible for the conclusion of the famous top management while managing the electric car manufacturer, which is still in the expansion phase and is prone to financial failure.

While Tesla has just celebrated a very successful quarter with exceptional profit, many analysts expect them to be needed more capital increases before consolidation of the company.

Denholm began his career in the auditing and accounting department at Arthur Andersen, and then left the company to fill the position in the finance department of the Australian branch of Toyota. He joined Sun in 1996 and was there for 11 years, where he held a position in the group of pioneer computer company leaders.

On the other hand, Musk, 47, is a classic founder of Silicon Valleyan eccentric visionary who is very focused on products. The presidents who supervise them were often presidents themselves or managed companies in other strategic roles.

A president with experience in finance is not so common, although in the case of Tesla it can be a force: relationships with the financial communitythat is exactly what the manufacturer wants to improve.

"She seems very competent in financial communication," said Jeffrey Sonnenfeld, a Leadership Expert who teaches at the Yale School of Management.

"Of the possible options, I think they have made the best choice, his strengths are not his and vice versa," he added.

However, some see Denholm as too close to Musk. As an independent board member of Tesla, from 2014 he was a member of the board he could not avoid unpredictable actions CEO this year, including his troublesome August tweets about the possible withdrawal of the company from the stock exchange.

The agreement with the US Securities and Exchange Commission in this case predicted that Tesla should strengthen its advice, criticized for a long time for being too united with the multimillionaire leader.

However, Tesla has to move forward with other activities, including replacing more than half of the board to attract Directors with experience in production.

After Sun, Denholm worked at Juniper Networks, a network equipment manufacturer where she served as vice president and director of Finance and operations.

His experience in technology is ultimately resource: Tesla cars are constantly receiving new features through various software updates, and company batteries are increasingly being sold to utilities.

Denholm was also a board member of ABB, a Swedish-Swiss multinational corporation working closely with public utilities.

The board of directors joined Telstra, the largest telephone company in Australia in January 2017. As the chief operating officer and took over the position of CFO on October 1.

His decision to leave this office surprised many; Last month, he assured the Australian media through a spokesperson that he did not apply for President Tesla's position. Denholm, who is married and has grown up children, lives in Sydney and it is not clear whether he will return to California to serve as president.

Just like in Silicon Valley, the business world in Australia has a long way to go conditions of gender equality and Denholm is passionate about the fact that more women are devoted to science, technology and engineering, so he created a scholarship on her behalf University of New South Wales.


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