Thursday, September 27, 2018

Tesla: Are they finally running out of VPs?

I'm being a little sarcastic here, but how many VPs does Tesla have left? The LA Times (as well as many other sources), reports that Liam O'Connor, vice president of global supply management, resigned recently.

O’Connor, who joined Tesla in March 2015 from Apple Inc., is at least the fifth senior executive to be parting ways with the carmaker within the span of a few weeks. The company has lost its chief accounting officer and heads of human resources and communications this month. Justin McAnear, the vice president of worldwide finance, is slated to leave in early October.



Based on the hire date, O'Connor was with the company about 3.5 years.

That, of course, if far longer than the chief accounting officer, Dave Morton, who lasted a month. It should be noted that Dave Morton was at Seagate for over 20 years before joining Tesla so it could have been an issue of culture fit. I'm sure Seagate has solid financial systems/processes compared to Tesla. Of course, that's perhaps the positive spin on that departure.

The LA Times does provide this potential reason for why O'Connor is leaving:

His most significant move was to elevate Jerome Guillen to automotive president, a newly created role that includes coordinating Tesla’s vehicle supply chain. That job description suggests Guillen’s job probably would have involved overseeing O’Connor. 

This might be an issue of someone not being pleased that he was passed over for the promotion.



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