Telstra executive Robyn Denholm quits to be Tesla chairman

Tesla CEO Elon Musk

Tesla's found a new chair of its board to replace Elon Musk.

Tesla announced Denholm's appointment weeks after the Financial Times reported that James Murdoch, who also sits on Tesla's board, was the frontrunner.

Musk resigned as Tesla chairman in October under an arrangement with USA regulators to settle fraud charges stemming from a tweet in which he said he planned to take the company private and had financing to do it.

United States authorities sued the entrepreneur for misleading investors and he and Tesla were each fined $20m.

Musk said: "Robyn has extensive experience in both the tech and auto industries, and she has made significant contributions as a Tesla board member over the past four years in helping us become a profitable company".

The electric vehicle company said today in a statement that Denholm will leave Telstra after a six-month notice period with Australia's biggest telecoms company.

Facebook boots 115 accounts on eve of US midterm elections after tip
Still, Facebook is seeing some payoff, and not just with the accounts it has been able to find and take down. It added all the Facebook pages associated with the accounts appeared to be in French or Russian languages.

Benzema brace helps Real Madrid thump Viktoria Plzen
Once they play with this seriousness, commitment and wanting to score. "For me the important thing always is winning". The path forward: "If you win 5-0 there will be applause".

Marijuana expands into three more states
State laws allowing recreational use of marijuana have spread across the United States since Colorado voters approved one in 2012. Impose a 10-ounce limit for marijuana kept at residences and require amounts over 2.5 ounces be secured in locked containers.

The spokeswoman also said Tesla was actively looking for two additional independent directors.

Denholm is now chief financial officer at Australian telecoms operator Telstra Corp Ltd and has been an independent director on Tesla's nine-member board since 2014.

"The fact that he can remain CEO is very important for the company". In the meantime, she'll work closely with Musk. She was appointed as Telstra's CFO in July.

Ms Denholm has served on the Tesla board as an independent director since 2014 and has also worked in Silicon Valley and for companies including Toyota.

Tesla has seen months of turbulence since Musk's infamous tweet.

"I look forward to helping Elon and the Tesla team achieve sustainable profitability and drive long-term shareholder value", she said in the statement. Its stock has fluctuated, and many investors have called for the company to exercise more oversight over its CEO, who has received media attention for his unconventional ways. Musk later tweeted that this was "incorrect".

Related:

  • Bryce Harper turned down 10-year, $300M offer from Nats

    Bryce Harper turned down 10-year, $300M offer from Nats

    It's not a surprise that the Nationals would try to make sure Harper didn't hit free agency, but this is still pretty interesting. But no position player has ever earned an average annual value of more than $US27.5 million (Alex Rodriguez and Yoenis Cespedes).
    Red Dead Redemption 2 Best Pistols Guide | 2 Best Pistols In RDR2

    Red Dead Redemption 2 Best Pistols Guide | 2 Best Pistols In RDR2

    Red Dead Redemption 2 may not be ideal , but its minor shortcomings are like tiny blemishes on a stunningly handsome face. For all that imagination, the reality of what games offer is usually pretty narrow: kill, or be killed.
    Nicki Minaj, Little Mix Took The MTV EMAs By Storm

    Nicki Minaj, Little Mix Took The MTV EMAs By Storm

    On Sunday, November 4, in Bilbao, Spain , Janet Jackson performed a three-song melody that showed the world that she still has it. At The Disco won Best Alternative , and BTS won Biggest Fans , among others.
  • Alexandria Ocasio-Cortez to be youngest woman ever elected to Congress

    Alexandria Ocasio-Cortez to be youngest woman ever elected to Congress

    Men, by contrast, were more evenly divided in their vote. (3) Marsha Blackburn became the first female US Senator from Tennessee . Women in general had a record-breaking night in the House, with more than 90 of them expected to join the House's freshman class.
    Thousand Oaks: 'Mass shooting' reported at California bar

    Thousand Oaks: 'Mass shooting' reported at California bar

    Firefighters and first responders have arrived on scene and the Ventura County Sheriff's Office is working to secure the scene. Authorities said the incident took place at the Borderline Bar & Grill - though the extent of the injuries is not yet known.
    FDA approves highly effective new opioid regardless of ongoing epidemic

    FDA approves highly effective new opioid regardless of ongoing epidemic

    Other news on opioids focuses on the FDA's armed hunt for counterfeit drugs and the continued threat of fentanyl and heroin. Gottlieb said the drug will carry a boxed warning and won't be available at drugstores for patients to take home.
  • Robertson urges Liverpool to rediscover missing spark

    Robertson urges Liverpool to rediscover missing spark

    "We need to win our games, it's on our shoulders.it's in our hands but we will have to play better than we did tonight". It's tight and it'll go right to the wire. "We're still confident we'll get through but we need to prove that now".
    Ron DeSantis Elected Florida Governor, Andrew Gillum Concedes

    Ron DeSantis Elected Florida Governor, Andrew Gillum Concedes

    RiRi hopped on Instagram Monday and encouraged Florida locals to pull through for Gillum and music mogul Diddy's event. Yet, an FBI investigation into alleged corruption at Tallahassee City Hall hurt his chances of winning the election.

    Breaking Bad Movie Coming! Will Walter White And Jesse Return?

    The Albuquerque Journal includes a logline stating the film " tracks the escape of a kidnapped man and his quest for freedom ". The Journal also reports that the project now has the working title Greenbriar - though that could just be a holding name.
  • Jeff Sessions resigns as attorney general at Trump's request

    Jeff Sessions resigns as attorney general at Trump's request

    Sessions had recused himself from any involvement in the Mueller investigation; his replacement will not have the same obligation. The president said Sessions' chief of staff, Matt Whitaker, would replace him for now, with a permanent replacement coming later.
    Nadal's hard-court woes continue with ATP Finals withdrawal

    Nadal's hard-court woes continue with ATP Finals withdrawal

    The second racket of the world Rafael Nadal due to injury will not play Final of the ATP tournament. Furthermore, Djokovic enjoys a lifetime 25-22 record over Federer and 27-25 against Nadal .
    PTV 'accidentally' trolls Imran Khan with an offensive typo

    PTV 'accidentally' trolls Imran Khan with an offensive typo

    The statement further read that Foreign Minister Shah Mehmood Qureshi would soon meet with the sister of Dr. "Government of Pakistan has been raising the issue of Dr.

Comments

Latest news

United States voters give verdict on Trump as control of Congress at stake
Democrats could derail Trump's legislative agenda for the next two years should they win control of the House . If they do so, it will signal a "war-like posture", Trump said. "That's enough, put down the mic", Trump said.

USA exempts Chabahar port-related activities from its sanctions
New Delhi has poured $2 billion into development in Afghanistan since the 2001 USA -led overthrow of the Taliban government. Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone.

Breaking Bad Is Getting a Feature Film
Filming is about to begin in New Mexico , where the original TV series was set and shot, according to The Albuquerque Journal . The first spinoff was Better Call Saul , a TV show that focuses on how Jimmy McGill became the scummy lawyer Saul Goodman.

Passengers create stink over pungent planeload of durian
Durian is considered a delicacy in many parts of Asia but it attracts a lot of negative attention thanks to its "raw sewage"-like smell".

Networks declare Democrats will capture the House of Representatives
Democrats could derail Trump's legislative agenda for the next two years should they win control of the House or the Senate. Despite Democrats hailing an end to one-party dominance at the top of USA politics, Trump spoke of a "tremendous success".

Billboard names Ariana Grande 2018 Woman of the Year
Listen to Newsbeat live at 12:45 and 17:45 every weekday on BBC Radio 1 and 1Xtra - if you miss us you can listen back here. What we love most about this video is that Ariana could have totally redone the whole thing, but chose not to.

Barbed Wire Is Seen Going Up at US-Mexico Border
The initial DHS request was not accepted early on by the Pentagon and was not forwarded up the chain of command for approval. The Department of Homeland Security disputes that characterization, and the story has been updated with DHS comment.

I would blame weather for lack of goals, says Alvaro Morata
We thought that it's better to him. "For us, the best work for him is that he will play for 45 or 50 minutes against Bate". Can Chelsea pip Manchester City to the Premier League title? For sure, I always want to score because it is good for me.

Dems fail to win in pair of FL races
Rick Scott by less than one percentage point, not enough to trigger an automatic recount, with the race still uncalled. Now in another tweet , the President has congratulated Governor Ron DeSantis for being elected Florida Governor.

‘You are a rude, awful person’
A White House staff member steps in to try to take the microphone away from CNN's Jim Acosta as he questions U.S. When Acosta repeated his assertion that the caravan is not "an invasion", Trump became enraged. "Sit down.

Musk showed nearly complete sverhskorostey tunnel under Los Angeles
Similarly, in May, Musk had made apparent the challenges Tesla was facing when it came to executing the company's plans for India. Still, in his most recent tweet , Musk outlined the company's long-term vision for expanding beyond its current biggest markets.

Chris Watts Reaches Plea Deal In Murder Case To Avoid Death Penalty
Under Colorado law, a first-degree murder conviction carries a mandatory life sentence without the possibility of parole. The Colorado Bureau of Investigations later said Shanann Watts and the girls were murdered inside their home.

Springboks coach Rassie Erasmus 'teaches' Owen Farrell's controversial tackle in training
Gardner deemed it a legitimate tackle as he felt Farrell had made enough of an attempt to wrap his arms in the tackle. A screengrab of Springbok centre Andre Esterhuizen going through some tackling drills.

Young progressives, VP brother to enter US Congress
Davids is from the Ho-Chunk Nation in Wisconsin and has focused her career on the advancement of Native Americans. Democrats Sharice Davids and Deb Haaland will become the first Native American women elected to Congres.

Pompeo set to discuss second summit with Pyongyang
The move coincides with a stiffening of North Korea's sanctions-related rhetoric in recent days. There have been no nuclear test.

Other news