Tesla CFO Zach Kirkhorn Announces Departure from Position

In one of the latest leadership changes at American multinational automotive company Tesla, the company’s CFO, Zach Kirkhorn, announced he will resign from his position. Kirkhorn’s resignation takes effect on Friday, according to the details shared by Tesla on Monday.

According to a filing with the Securities and Exchange Commission, Kirkhorn is set to remain with Tesla until the end of the year to aid in the transition. Having held the position of CFO since March 2019 and having been a part of Tesla since 2010, he has played a significant role in the company’s financial operations.

Also read: PayPal Enters Stablecoin Realm With PYUSD

Vaibhav Taneja takes the position of new CFO

According to the details, Vaibhav Taneja has taken over the position of CFO. Taneja, who is the chief accounting officer, will ensure and do the duties of both positions.

Kirkhorn wrote on LinkedIn, “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.”

Taneja has been part of Tesla since 2017, prior to which he was working at PwC, which is the auditor of Musk’s automotive company.