Home People Moves Telstra CFO Denholm to leave for Tesla board

Telstra's chief financial officer Robyn Denholm has resigned from the company and will be taking up the position of Tesla board chairman from 13 November.

Telstra chief executive Andy Penn said in statement to the ASX that Denholm would continue in her role until 6 May 2019 when her six-month notice period expires.

“We are sorry to see Robyn leave Telstra. We know that it has become increasingly difficult to balance her responsibilities as Telstra chief financial officer with the increased activity of the Tesla Board,” Penn said.

The Tesla board will ensure that any new commitments for Denholm will not prevent her focusing on her Telstra job, another director will take on the majority of her responsibilities.

The statement also said Denholm would be stepping down from her other Tesla board committee responsibilities during this time.

Denholm joined Telstra in January 2017 as chief operations officer and became chief financial officer on 1 October.

She assisted in the delivery of Telstra’s commercial agreements with NBN Co and setting the strategic direction for the company’s Networks for the Future and Digitisation programs.

“We are undertaking a search for a new chief financial officer and will provide an update on a replacement appointment as soon as possible,” Penn said.

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the sitecame into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

 

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