USA (Commonwealth Union)_ Vaibhan Taneja of Indian origin has been appointed as Tesla‘s new Chief Financial Officer, succeeding Zachary Kirkhorn, who recently announced his decision to step down from the role. This transition was outlined in an official company filing released on Monday. The 45-year-old Taneja will assume the responsibilities of CFO while concurrently maintaining his position as Chief Accounting Officer (CAO) within the prominent US-based electric car manufacturer. The handover followed Kirkhorn’s departure from his post as Tesla’s finance chief, marking the end of his four-year tenure.
Kirkhorn’s tenure during his 13-year association with the American EV titan, spearheaded by Elon Musk, was characterized as a period of remarkable expansion and progress, as detailed in the corporate filing. Tesla expressed gratitude for Kirkhorn’s substantial contributions and confirmed his commitment to aiding a seamless transition throughout the remainder of the year. The company said, “Tesla thanks Mr Kirkhorn for his significant contributions. Mr Kirkhorn will continue to serve Tesla through the end of the year to support a seamless transition”.
Zachary Kirkhorn took to LinkedIn to convey his retirement from the role of Chief Financial Officer, which will be replaced by Vaibhav Taneja, the Chief Accounting Officer. In his post, Kirkhorn expressed profound pride in the collective achievements accomplished over his 13-year tenure with the company, acknowledging the dedication, talent, and hard work of Tesla’s employees. He also extended his appreciation to Elon Musk for his visionary leadership. He said, “Being a part of this company is a special experience, and I’m extremely proud of the work we’ve done together since I joined over 13 years ago”.
Mr. Taneja has held the position of Tesla’s Chief Accounting Officer since March 2019, following his role as Corporate Controller from May 2018. Prior to this, he served as Assistant Corporate Controller between February 2017 and May 2018, and he contributed to various finance and accounting capacities within SolarCity Corporation, a US-based solar panel development company acquired by Tesla in 2016. His professional trajectory also includes significant roles at PricewaterhouseCoopers in both India and the United States, spanning from July 1999 to March 2016, as documented in the company’s official filing.
