Tesla hires Deepak Ahuja away from Ford to serve as CFO

Tesla Motors has hired Deepak Ahuja away from the Ford Motor Company to serve as its new Chief Financial Officer. This announcement comes right after the automaker's hiring of Franz von Holzhausen from Mazda to serve as its Design Director. Seems like Tesla is serious about bringing in talent from Detroit to mesh with the Silicon Valley minds it already has procured. Ahuja had previously served as the man in charge of bringing small European-market Ford products to America. Before that, he was the CFO of Ford of Southern Africa and for Auto Alliance International, a joint venture between Ford Motor Company and Mazda. It sounds as if Ahuja has the right stuff to guide Tesla's financial future as the company continues the extremely difficult task of launching mainstream electric vehicles before even the established players are able to do so. We've pasted the official press release after the break.

[Source: Tesla Motors]


Deepak Ahuja, Seasoned Auto Industry Finance Executive, Joins Tesla Motors as CFO

SAN CARLOS, CA – Deepak Ahuja, a seasoned auto industry finance executive with 15 years experience at Ford Motor Company, has joined Tesla Motors as Chief Financial Officer.

Deepak was previously the controller for Ford's small cars product development program, a strategic initiative to bring several fuel efficient cars to Ford's lineup in the United States. Previously, Deepak was CFO for Ford of Southern Africa, a $3 Billion subsidiary where he oversaw the finance, legal and IT functions. Prior to that, Deepak served as CFO for Auto Alliance International, a joint venture between Ford and Mazda with over $4 billion in revenue.

"Deepak's experience as CFO of multi-billion dollar business units with global sourcing and manufacturing operations makes him the ideal person to lead our finance organization through the company's next period of rapid growth," said Tesla CEO Ze'ev Drori. "The addition of another seasoned auto industry executive to the senior management team at Tesla demonstrates that Tesla is focused on combining the best of what Detroit and Silicon Valley has to offer in building the next great American automobile company."

"The opportunity to work for the leading alternative energy automobile company in the world, and one with as strong a brand as Tesla, is very exciting." said Deepak. "The team here has the vision, passion and the determination to make Tesla a driving force of change."

Deepak holds bachelors and masters degrees in Materials Engineering from Banaras Hindu University and Northwestern University, respectively and an MBA from Carnegie Mellon University. Deepak, his wife and two daughters have moved from Michigan to Silicon Valley, where Deepak will work out of Tesla's San Carlos headquarters.

Recently, Tesla Motors announced the appointment of auto industry veteran Mike Donoughe as EVP Vehicle Engineering and Manufacturing. The press release of the previous announcement can be found on Tesla's website.

Share This Photo X