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Oud 17 mei 2018, 19:30   #113
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https://www.teslarati.com/tesla-exec...ure-explained/

Tesla isn’t “losing” all of its executives — it just has a ton


By Christian Prenzler Posted on May 17, 2018

Over the past week, you’ve probably heard reports of Tesla “losing” executives, and while the reports are correct, the narrative is wrong. As Musk pushes the Model 3 production ramp forward, he’s also aiming to bring the company to profitability in the second half of the year. Shedding unnecessary positions on the executive level certainly seems to be part of this plan.

But with reports of “executives” leaving Tesla surfacing what feels like, everyday, it seems like the company is spiraling out of control. This is fundamentally incorrect because the media is highlighting any “senior” departure as a major loss and isn’t providing context to Tesla’s broader management structure.

First, reports of “key” people leaving Tesla now range from Vice Presidents, Product Directors, Managers, and Directors. But how are we determining people to be key? Bloomberg’s Dana Hull reported that Bob Rudd and Arch Padmanabhan left the company. Rudd and Padmanabhan’s positions were Senior Director and Director respectively. Padmanabhan had been at Tesla for 5 years, while Rudd joined SolarCity in 2012 at VP of Project Development for Energy Storage & Microgrids.

It’s unclear why Rudd and Padmanabhan have left the company, but it could be part of Musk’s broader company reorganization. On Monday, Musk sent out a memo to employees telling them, “To ensure that Tesla is well prepared for the future, we have been undertaking a thorough reorganization of our company.”

In addition to the company’s overall structure, Musk is aiming to rid a significant number of contract workers at the company. During Tesla’s Q1 2018 earnings call, Musk referred to contractors as “barnacles” stating that, “…we’re going to scrub the barnacles on that front.”

“It’s pretty crazy. We’ve got barnacles on barnacles. So there’s going to be a lot of barnacle removal.”

I could list dozens of executive departures at Tesla that were not previously reported in the past year, all senior to both Rudd and Padmanabhan, but I think it’s more important to provide perspective on the number of executives Tesla actually employs. After an in-depth analysis of LinkedIn data, I have found 23 active Vice Presidents at Tesla. There were far too many Directors and Senior Directors to conduct an accurate analysis.

Since the beginning of 2017, Tesla has lost 9 VPs and 3 other major executives (CAO, CFO, and President). Of the executives that left, their average tenure was 3.9 years — nearly a third less than existing VPs. Comparably, the VPs that are currently employed by Tesla hold an average tenure of 4.8 years.

Of the executives that have left since the start of 2017, only 4 had stayed at the company longer than 3 years, suggesting that their departures could have been related to culture clash (Chris Lattner) or a stepping stone to a C-Suite position at another company (Jon McNeill, Diarmuid O’Connell).

While it isn’t clear how exactly Tesla will be “restructured,” you can be certain that nearly all departures will be “high profile” as investors watch closely.


FULL LIST OF EXECUTIVES INCLUDED IN THIS ANALYSIS:
ACTIVE (23):

VP, Legal: Jonathan Chang
VP, Manufacturing: Gilbert Passin
VP, Materials Engineering: Charles Kuehmann
VP, Sales: John Walker
VP, Communications: Sarah O’Brien
VP, Gigafactory Operations and EPC: Kevin Kassekert
VP, Treasurer: Ron Klein
VP, Automation, Equipment and MES Engineering: Pablo Gonzalez
VP, Global Supply Chain: Sascha Zahnd
VP, Worldwide Service and Customer Experience: Karim Bousta
VP, Technology: Drew Baglino
VP, Legal: Phil Rothenberg
VP, Engineering: Steve MacManus
VP of Engineering: Nick Kalayjian
VP of Engineering: Dr. Michael Schwekutsch
VP, Technology and Engineering: Nagesh Saldi
VP, Asia Pacific: Robin Ren
VP, US Energy Sales: Bryan Ellis
VP, Global Recruiting: Cindy Nicola
VP, Environment, Health, and Wellness: Laurie Shelby
VP, Worldwide Finance and Operations: Justin McAnear
VP: Ganesh Srivats
VP, Production: Peter Hochholdinger
VP, Gigafactory 1: Jens Peter Clausen
VP, Trucks and Programs: Jerome Guillen
VP, Powertrain Hardware Engineering: Jim Dunlay
VP, Global Supply Management at Tesla Motors: Liam O’Connor
VP of Vehicle Software, Services, and Diagnostics: David Lau
VP of Energy Sales and Operations: Cal Lankton
VP, Product Marketing: Elliott Summers

EXECUTIVE DEPARTURES FROM 2017-CURRENT (8 VPS, 3 OTHER MAJOR EXECS) :

VP, Finance and Corporate Treasurer: Susan Repo
VP, Investor Relations: Jeff Evanson
VP, Talent Acquisition & Analytics: Raj Dev
President, Global Sales, Marketing, Delivery, and Service: Jon McNeill
VP, Autopilot Hardware Engineering: Jim Keller
CFO, Jason Wheeler
CAO, Eric Branderiz
VP, Autopilot: Chris Lattner
VP, HR: Arnnon Geshuri
VP, HR: Mark Lipscomb
VP, Autopilot Vision David Nister

Disclaimer: This column does not necessarily reflect the opinion of Teslarati and its owners. Christian Prenzler does not have a position in Tesla Inc. or any of its competitors and does not have plans to do so in the next 30 days.
Laat de shorters maar bashen en lullen over Tesla al vele jaren kunnen ze niet anders... Ook diegene die schooier geworden zijn. lol.

Laatst gewijzigd door Micele : 17 mei 2018 om 19:36.
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