US-based electric car manufacturer Tesla on Monday named Indian-origin Vaibhav Taneja as the company's new Chief Financial Officer (CFO) after the previous finance chief Zachary Kirkhorn stepped down from the position. Taneja (45) replaced Kirkhorn in addition to his current role as Chief Accounting Officer (CAO) of the company.
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In a company filing, the automaker described Kirkhorn's 13-year-old tenure as one of “tremendous expansion and growth” and said that he will “continue to serve Tesla through the end of the year to support a seamless transition.”
“Tesla thanks Mr. Kirkhorn for his significant contributions. Mr Kirkhorn will ,” it added.
Kirkhorn announces stepping down in LinkedIn post
Zachary Kirkhorn on Monday announced his stepping down from the post of Tesla's CFO on LinkedIn saying, “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 not possible,” he wrote.
Kirkhorn also thanked Tesla CEO Elon Musk for his “leadership and optimism, which has inspired so many people.”
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Who is Vaibhav Taneja?
- Vaibhav Taneja has been serving as Tesla's CAO since March 2019.
- He has also been serving as the company's Corporate Controller since May 2018.
- He served as the Assistant Corporate Controller between February 2017 and May 2018.
- From March 2016, Taneja served in various finance and accounting roles at SolarCity Corporation - a US-based solar panel developer acquired by Tesla in 2016.
- Prior to this, he was employed at PricewaterhouseCoopers in India and the US between July 1999 and March 2016.
Kirkhorn also thanked Tesla CEO Elon Musk for his “leadership and optimism, which has inspired so many people.”
Also read: 'Zuck vs Musk': Meta owner's subtle dig after Elon says cage fight to be streamed on X
Who is Vaibhav Taneja?
- Vaibhav Taneja has been serving as Tesla's CAO since March 2019.
- He has also been serving as the company's Corporate Controller since May 2018.
- He served as the Assistant Corporate Controller between February 2017 and May 2018.
- From March 2016, Taneja served in various finance and accounting roles at SolarCity Corporation - a US-based solar panel developer acquired by Tesla in 2016.
- Prior to this, he was employed at PricewaterhouseCoopers in India and the US between July 1999 and March 2016.