Elon Musk has a new boss, and she is not well-known to the public.
Tesla announced on Wednesday night that Australian telecom executive and chair of Tesla's audit committee Robyn Denholm will take over from Elon Musk as chair of the company. Musk agreed to surrender the position for three years in his settlement with the SEC over fraud allegations that grew out of a Musk tweet claiming he had a deal to take the company private. The deal never materialized and the actual capital commitments Musk said Tesla had lined up have been questioned.
Denholm, who was one of three Tesla board members to review the privatization idea, is from Australia, and has worked for Toyota, Sun Microsystems, Juniper Networks and Telstra. She was just promoted from COO to CFO and head of strategy at Telstra, Australia's largest telecommunications company, in October, and as a result, the announcement that she is taking the Tesla chairman role was viewed as abrupt by analysts who cover the Australian company. She will officially depart from the company, which at a market cap of roughly $36 billion is a little more than half the size of Tesla's $60 billion value, in six months to focus on her new gig at Tesla full-time.
Here are a few things to know about Denholm and current issues faced by Tesla as she steps into a high-profile role at the electric car and energy company.