Sept. 13, 2018—Tesla’s vice president of worldwide finance Justin McAnear announced his departure from the company just days after the automaker’s chief accounting officer Dave Morton resigned for a strange reason.
The recent departures are resulting in an important leadership shake-up in Tesla’s finance department.
Morton was Tesla’s second CAO to leave this year and now McAnear becomes the third top-level Tesla finance executive to leave in a short period of time.
In a statement obtained by CNBC, McAnear explained that his departure has been planned for weeks as he accepted “a CFO role at another company”:
“Several weeks ago, I announced to my team that I would be leaving Tesla because I had the chance to take a CFO role at another company. I’ve truly loved my time at Tesla, and I have great respect for my colleagues and the work they do, but this was simply an opportunity I couldn’t pass up. I’ve been working with the team to ensure a smooth transition prior to my last day on October 7th, and a number of members of the team are stepping up to fill my role,”
The shake-ups in Tesla’s finance leadership come at a critical time for the company, which is trying to become profitable by the end of the year.
