After Tesla’s finance chief Zachary Kirkhorn announced his shocking decision to step down from his post, Indian-origin Vaibhav Taneja has been named as the new Chief Finance Officer (CFO), said the Elon Musk-led EV giant said in a company filing issued on Monday.
The 45-year-old was earlier appointed as Tesla‘s Chief Accounting Officer (CAO). But now, he was taken over the charge as CFO of the US-based electric car major after Kirkhorn, who was the finance chief for the last four years, stepped down from his post.
In the filing, the former CFO, Kirkhorn described his 13 years working with Tesla as one of ‘tremendous expansion and growth.’
It said, “Tesla thanks Kirkhorn for his significant contributions. Kirkhorn will continue to serve Tesla through the end of the year to support a seamless transition.”
Taking it to a LinkedIn post, Kirkhorn said, “This morning Tesla announced that I’ve stepped down from my role as Chief Financial Officer, succeeded by our Chief Accounting Officer, Vaibhav Taneja.”
“Being a part of this company is a special experience, and I’m extremely proud of the work we’ve done together since I joined over 13 years ago. As I shift my responsibilities to support this transition, I want to thank the talented, passionate, and hard-working employees at Tesla, who have accomplished things many thought (were) not possible. I also want to thank Elon for his leadership and optimism, which has inspired so many people,” he added.
Taking notes from Taneja’s career, it added that he served as Tesla’s CAO since March 2019 and as the Corporate Controller since May 2018. Further, Vaibhav Taneja served as the Assistant Corporate Controller between February 2017 and May 2018, and from March 2016, served in various finance and accounting roles at SolarCity Corporation, a US-based solar panel developer acquired by Tesla in 2016.
The company filing also said that before all that, Taneja was employed at PricewaterhouseCoopers in India and the US between July 1999 and March 2016.
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