Friday , May 7 2021

Tesla, President of Robyn Denholm. Musk chooses the woman in 5G



If it were not for the little detail available on the board (and in the Audit Committee) by Tesla from 2014, you can read nomination as President of Robyn Denholm as a sign. It is the choice of a top manager who, but not one ("car guy" in DNA technology, knows how and how. Denholm has a record in Sun Microsystems, Juniper, Abb and finally, just over a year, Telstra, with the latest job (just two months) by the CFO and the Strategic Leader. Denholm leaves a telecommunications company among the most advanced in the 5G race (the commercial launch on the entire Australian territory, divided into three phases of the approach, is set to 2020). In other words, it is very familiar with the secrecy of future connections, which will be essential for cars to handle huge amounts of data, dialogue with each other, and enable high levels of automation as well as sufficient quality for infotainment and telecom.

If it were not for the little detail available on the board (and in the Audit Committee) by Tesla from 2014, you can read nomination as President of Robyn Denholm as a sign. It is the choice of a top manager who, but not one ("car guy" in DNA technology, knows how and how. Denholm has a record in Sun Microsystems, Juniper, Abb and finally, just over a year, Telstra, with the latest job (just two months) by the CFO and the Strategic Leader. Denholm leaves a telecommunications company among the most advanced in the 5G race (the commercial launch on the entire Australian territory, divided into three phases of the approach, is set to 2020). In other words, it is very familiar with the secrecy of future connections, which will be essential for cars to handle huge amounts of data, dialogue with each other, and enable high levels of automation as well as sufficient quality for infotainment and telecom.

However, the 55-year-old from Sydney is not, as said, a new post to the Palo Alto company. Actually. The case can not fail to catch the eye. More than one observer considered Elon Musk's move as a lost opportunity to give Tesla a truly independent guide. It is obvious that it is of little or no interest to the owner's father and to take the Security and Stock Commission (Sec), the US Securities Commission, is subtly an exercise in human style, a lover of provocations and challenges impossible. Musk was forced to give up the chair after all, he would not have released his own initiative.

The second half of September had initiated legal action on the grounds of "fraud and false and misleading statements to investors" for the tweet with which on 7 August the volcanic founder and CEO, without prior notice to shareholders and with zero communication to authority, had announced its intention to take back Tesla from the stock exchange. All of this leads to competition from the Saudi government bond PIF. Price exorbitant, $ 420 per share, calculated with a premium of 20% compared to the prices for these days. But, Musk promised, provoke a devastating leap in the title, "secured loans". So much has been enough for Consob with stars and stripes to put the entrepreneur on the wall, both visionary and unscrupulous. The question ended for a reason, costing quite expensive to Musk: the obligation to leave the presidency for three years and penalty for $ 40 million (20 with regard to him and 20 to Tesla).

Today the announcement of the testimony passage.

Denholm will leave the Australian telecom company when the six-month termination period has been completed to work full time for the California automaker. Meanwhile, it has already resigned from the Audit Committee. It remains to be seen whether from the highest position in the company it will be able to handle Muskos intemate. Perhaps more complicated challenge than contributing as expert head of financial matters to finally get Tesla to the first balance sheet in profit after seven consecutive quarters in red.


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