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Indian-Origin Vaibhav Taneja Appointed Tesla’s Chief Monetary Officer

Vaibhav Taneja has served as Tesla’s CAO since March 2019.

New York:

Indian-origin Vaibhan Taneja has been named Tesla’s new Chief Monetary Officer because the earlier finance chief Zachary Kirkhorn introduced his choice to step down, the automaker mentioned in an organization submitting on Monday.

Mr Taneja, 45, was appointed Tesla CFO along with his present position as Chief Accounting Officer (CAO) of the US-based electrical automobile main on Friday after Kirhorn, Tesla’s Grasp of Coin and finance chief for the final 4 years, stepped down from the submit.

Mr Kirkhorn’s 13-year tenure with the Elon Musk-led American EV big was described as certainly one of “large growth and development” within the firm submitting.

“Tesla thanks Mr Kirkhorn for his important contributions. Mr Kirkhorn will proceed to serve Tesla by the top of the yr to assist a seamless transition,” it mentioned.

“This morning Tesla introduced that I’ve stepped down from my position as Chief Monetary Officer, succeeded by our Chief Accounting Officer, Vaibhav Taneja,”Mr Kirkhorn mentioned in a LinkedIn submit.

“Being part of this firm is a particular expertise, and I am extraordinarily happy with the work we have finished collectively since I joined over 13 years in the past. As I shift my obligations to assist this transition, I wish to thank the proficient, passionate, and hard-working workers at Tesla, who’ve achieved issues many thought (had been) not potential. I additionally wish to thank Elon for his management and optimism, which has impressed so many individuals,” he mentioned.

Mr Taneja has served as Tesla’s CAO since March 2019 and because the Company Controller since Might 2018. He served because the Assistant Company Controller between February 2017 and Might 2018, and from March 2016, served in varied finance and accounting roles at SolarCity Company, a US-based photo voltaic panel developer acquired by Tesla in 2016.

Earlier than that, Mr Taneja was employed at PricewaterhouseCoopers in each India and the US between July 1999 and March 2016, the corporate submitting mentioned.

(Aside from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)

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