April 18, 2024

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Business The Solution

General Motors’ CFO Leaves to Join Payments Company Stripe

Typical Motors’ chief monetary officer Dhivya Suryadevara is leaving the automaker to grow to be finance chief at on the net billing and payments enterprise Stripe.

Dhivya Suryadevara

Suryadevara, who has served as CFO at GM given that 2018, oversaw monetary functions amounting to above $a hundred billion in yearly income and thousands and thousands of automobiles shipped every year by a hundred and eighty,000 employees throughout 6 continents.

“Dhivya has been a transformational chief in her tenure as CFO,” mentioned Mary Barra, chairman and CEO of Typical Motors. “She has helped the enterprise fortify our balance sheet, make improvements to our value framework, focus on money generation, and drive the correct investments for our potential. We would like her each individual achievements.”

Typical Motors named John Stapleton, GM North The us chief monetary officer, as performing world wide chief monetary officer, powerful August 15. GM will perform an interior and exterior lookup for Suryadevara’s successor.

At Stripe, Suryadevara will participate in a vital part in enabling “aggressive advancement although retaining the greatest expectations in discipline and fiscal responsibility,” Stripe mentioned.

“I’m extremely psyched to sign up for Stripe at a pivotal time for the enterprise. Stripe’s mission to maximize the GDP of the world wide web is much more critical now than ever,” Suryadevara mentioned. “I actually love foremost complex, big-scale businesses, and I hope to use my skills to aid accelerate Stripe’s previously steep advancement trajectory.”

This yr, Stripe has hired much more than 400 employees, bringing its full workforce to 2,800 employees throughout 16 world wide workplaces, as the shift to on the net commerce spiked thanks to the COVID-19 pandemic.

Modern hires incorporate Mike Clayville, previously of Amazon World wide web Providers, as Stripe’s chief income officer, and Trish Walsh, earlier at Voya Money, as basic counsel.

CFO named Suryadevara a “CFO to Watch” in 2018.

Dhivya Suryadevara, Typical Motors, Stripe