Tesla Motors Inc. has appointed the seventh member of its board of directors in the persona of Robyn Denholm. Denholm, who is Juniper Networks Inc.'s executive vice president and chief financial and operations officer, will join Tesla's board on Aug. 11, 2014, thereby becoming its first female director. She will be tasked to head Tesla's audit committee.
She will be a member of the compensation committee and the nominating and corporate governance committee. According to Tesla, Denholm will be taking over board functions once held by Brad Buss, who is giving them up after he was tapped as chief financial officer of SolarCity Corp.
Buss will still be a member of the board. Other board members include Chief executive and chairman Elon Musk; Antonio Gracias; Kimbal Musk; Ira Ehrenpreis; and Steve Jurvetson.
Denholm also served as a senior vice president for corporate strategic planning at Sun Microsystems, and Toyota Motor Corp. Tesla is getting ready to ramp up EV production to 100,000 annually by the end of 2015 as well as push further onto China and other global markets.
The EV maker is also getting to build its so-called battery gigafactory, which could cost up to $5 billion to build.