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July 26, 2019, 6:54 a.m. EDT

Tesla’s key executive departures, in one handy list

News that Tesla’s Chief Technology Officer J.B. Straubel is stepping down from that role is just the latest move in a long list

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By Claudia Assis, MarketWatch

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Veteran trial lawyer Dan Butswinkas replaced Maron, building on the relationship with Tesla and Musk that started with his hiring as outside counsel amid the fallout from Musk’s “going private” tweets in August 2018. Butswinkas’ tenure at Tesla was brief: He was replaced two months later by Jonathan Chang, then Tesla’s VP of legal.

VP of Engineering Doug Field

Tesla’s senior VP of engineering left to lead special projects at Apple Inc. /zigman2/quotes/202934861/composite AAPL +0.96%  in August of 2018. It was a return to Apple for Field, who left Tesla as the Model 3 production was ramping up.

VP of Sales and Service Jon McNeill

Head of sales and service Jon McNeill left in February 2018 to join Lyft Inc. /zigman2/quotes/208999293/composite LYFT +2.29%  as its chief operating officer.

2018 was a particularly tumultuous year at Tesla. In September, the company revealed that HR chief Gabrielle Toledano was not returning from a leave of absence and that Dave Morton, chief accounting officer, was resigning.

Morton’s tenure was noteworthy for its brevity and his departure for its timing: He resigned only a month after starting work and news of his exit swirled hours before Musk appeared to smoke cannabis during a webcast.

Other departures in 2018 included the December exit of Tesla’s head of digital product, Parag Vaish, and in March of top accountant Eric Branderiz and treasurer and VP of finance Susan Repo.

Notable departures in 2017 and 2016 included SolarCity co-founders (and Musk’s cousins) Lyndon and Peter Rive, who left in May and July of 2017, about a year after Tesla bought SolarCity.

The VP of production Greg Reichow and the VP of manufacturing Josh Ensign left in May 2016 just a couple of months after the Model 3 unveiling.

Tesla late Wednesday reported a larger-than-expected quarterly loss and a sales miss, made all the worse because expectations going in were running high as the company had reported record second-quarter sales.

The stock promptly plummeted, dragging July losses to more than 11%. Shares are down 31% this year, contrasting with gains of 20% and 16% for the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.07%  and the Dow Jones Industrial Average. /zigman2/quotes/210598065/realtime DJIA +0.33%  

/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 264.47
+2.51 +0.96%
Volume: 25.82M
Nov. 13, 2019 4:15p
P/E Ratio
22.31
Dividend Yield
1.16%
Market Cap
$1165.03 billion
Rev. per Employee
$1.98M
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/zigman2/quotes/208999293/composite
US : U.S.: Nasdaq
$ 43.30
+0.97 +2.29%
Volume: 4.03M
Nov. 13, 2019 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$12.79 billion
Rev. per Employee
$450,139
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,094.04
+2.20 +0.07%
Volume: 1.72B
Nov. 13, 2019 4:56p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
27,783.59
+92.10 +0.33%
Volume: 278.39M
Nov. 13, 2019 4:56p
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Claudia Assis is a San Francisco-based reporter for MarketWatch. Follow her on Twitter @ClaudiaAssisMW.

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