April 22, 2024

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General Motors’ CFO Leaves to Join Payments Company Stripe

Common Motors’ main economic officer Dhivya Suryadevara is leaving the automaker to turn into finance main at on the net billing and payments business Stripe.

Dhivya Suryadevara

Suryadevara, who has served as CFO at GM considering the fact that 2018, oversaw economic functions amounting to above $a hundred billion in annual earnings and millions of cars shipped annually by one hundred eighty,000 personnel across six continents.

“Dhivya has been a transformational chief in her tenure as CFO,” mentioned Mary Barra, chairman and CEO of Common Motors. “She has assisted the business reinforce our harmony sheet, make improvements to our value composition, aim on hard cash generation, and drive the right investments for our long run. We would like her each achievement.”

Common Motors named John Stapleton, GM North The usa main economic officer, as acting world main economic officer, successful August 15. GM will perform an interior and exterior search for Suryadevara’s successor.

At Stripe, Suryadevara will participate in a critical function in enabling “aggressive progress when keeping the highest criteria in discipline and fiscal obligation,” Stripe mentioned.

“I’m really enthusiastic to be a part of Stripe at a pivotal time for the business. Stripe’s mission to enhance the GDP of the world wide web is far more important now than at any time,” Suryadevara mentioned. “I definitely enjoy primary intricate, big-scale corporations, and I hope to use my abilities to assistance speed up Stripe’s presently steep progress trajectory.”

This yr, Stripe has hired far more than 400 personnel, bringing its total workforce to 2,800 personnel across sixteen world places of work, as the shift to on the net commerce spiked owing to the COVID-19 pandemic.

Latest hires consist of Mike Clayville, previously of Amazon World-wide-web Products and services, as Stripe’s main earnings officer, and Trish Walsh, beforehand at Voya Economical, as normal counsel.

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

Dhivya Suryadevara, Common Motors, Stripe