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Tesla names Telstra exec Robyn Denholm as chair


(Reuters) - Electric carmaker Inc said Robyn Denholm, currently at Australian Corp Ltd, will replace as its

Denholm will leave her role as and head of strategy of once her six-month notice period with the company is complete, said late on Wednesday.

said Denholm will be serving as Tesla on a full-time basis.

She will temporarily step down as of Tesla's Audit Committee until she leaves Telstra, the company said.

Tesla weathered a rocky few months in the wake of Musk's tweets that he had "funding secured" for a deal, later scuttled, to take Tesla private. Musk and Tesla settled with the U.S. SEC in September after the agency sued for fraud.

The settlement required Tesla and Musk to pay a fine of $20 million each and for Musk to give up his role for three years.

(Reporting by Philip George in Bengaluru; Editing by Gopakumar Warrier)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 08 2018. 12:35 IST