Post Last Updates by Ankit: Wednesday, January 31, 2024 @ 8:50 PM
Tesla, the renowned automobile company, has selected Vaibhav Taneja, a person of Indian descent, to assume the role of Chief Financial Officer (CFO). Vaibhav Taneja will be succeeding Zachary Kirkhorn, the former finance chief, in this position. Currently serving as the Chief Accounting Officer (CAO) at Tesla, Taneja’s promotion to the role of CFO follows Zachary Kirkhorn’s resignation from the position. Check More on Sarkari Result
Who is Vaibhav Taneja
Aged 45, Vaibhav Taneja graduated from the University of Delhi between 1996 and 1999. Subsequently, he obtained his Chartered Accountancy qualification from the Institute of Chartered Accountants of India, achieving certification as an accountant in 2006. In 1999, Taneja commenced his professional journey at PricewaterhouseCoopers, where he remained in service for a span of 16 years. During a tenure lasting close to 4 years, he assumed the role of Assistant Manager at PriceWaterhouseCoopers’ New Delhi office.
In 2003, he relocated to California and held the position of Senior Manager in San Jose, CA, until 2016. Following this, he joined SolarCity, and in 2017, Tesla acquired the solar panel development company. Presently, Vaibhav Taneja is poised to assume the role of Chief Financial Officer at Tesla.
Vaibhav Teneja Net worth
As reported by India TV, Vaibhav Taneja, the newly appointed CFO of Tesla, is believed to possess a net worth of approximately $52.1 million (roughly Rs 431 crore). According to available information, he also holds 104,504 units of common stock in Tesla, Inc.
Vaibhav Teneja Salary as Tesla CFO
While the exact annual salary of Vaibhav Taneja in his role as CFO has not been publicly disclosed, it is worth noting that according to Glassdoor.com, the average basic pay for a CFO at Tesla, excluding bonuses or profit-sharing, is approximately $228,730 (approximately Rs. 1,89,42,846 per year). It is anticipated that Vaibhav Taneja’s compensation package will likely include a base salary in line with this average figure, along with additional benefits such as bonuses, profit sharing, and stock options.
Who was Tesla CFO Before Vaibhav
On Monday, Zachary Kirkhorn made the announcement of his resignation from the position of CFO at Tesla through a LinkedIn post. In his message, he conveyed, “This morning Tesla announced that I’ve stepped down from my role as Chief Financial Officer, succeeded by our Chief Accounting Officer, Vaibhav Taneja.” Having dedicated nearly 13 years to Tesla, Kirkhorn played a significant role in the company’s growth. During his tenure, Tesla’s revenue underwent a remarkable surge of 1,300%, soaring from 49 million, according to online sources.
Vaibhav Taneja Tesla CFO FAQs
Q. Who succeeded Zachary Kirkhorn as Tesla’s CFO?
A. Vaibhav Taneja succeeded Zachary Kirkhorn as Tesla’s Chief Financial Officer.
Q. What role did Vaibhav Taneja hold prior to becoming CFO?
A. Vaibhav Taneja served as the Chief Accounting Officer (CAO) at Tesla before becoming the CFO.
Q. What was Zachary Kirkhorn’s tenure at Tesla?
A. Zachary Kirkhorn worked for Tesla for nearly 13 years.
Q. How much did Tesla’s revenue grow during Zachary Kirkhorn’s tenure?
A. During Zachary Kirkhorn’s time at Tesla, the company’s revenue surged by 1,300% from 49 million, according to available information.
Q. Has Zachary Kirkhorn provided a reason for his resignation as CFO?
A. Zachary Kirkhorn has not offered any explanation for his decision to step down from his role as CFO at Tesla.
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