General Motors’ CFO Leaves to Join Payments Company Stripe

Common Motors’ chief financial officer Dhivya Suryadevara is leaving the automaker to come to be…

Common Motors’ chief financial officer Dhivya Suryadevara is leaving the automaker to come to be finance chief at on the net billing and payments corporation Stripe.

Dhivya Suryadevara

Suryadevara, who has served as CFO at GM considering the fact that 2018, oversaw financial operations amounting to around $a hundred billion in yearly earnings and tens of millions of cars delivered each year by 180,000 staff members throughout six continents.

“Dhivya has been a transformational leader in her tenure as CFO,” mentioned Mary Barra, chairman and CEO of Common Motors. “She has assisted the corporation strengthen our balance sheet, make improvements to our price tag composition, concentrate on income generation, and generate the appropriate investments for our upcoming. We want her each individual achievements.”

Common Motors named John Stapleton, GM North The usa chief financial officer, as performing world-wide chief financial officer, effective August fifteen. GM will carry out an interior and exterior search for Suryadevara’s successor.

At Stripe, Suryadevara will play a critical role in enabling “aggressive progress though protecting the optimum benchmarks in willpower and fiscal obligation,” Stripe mentioned.

“I’m quite energized to sign up for Stripe at a pivotal time for the corporation. Stripe’s mission to improve the GDP of the internet is a lot more vital now than at any time,” Suryadevara mentioned. “I definitely enjoy primary complex, large-scale corporations, and I hope to use my competencies to assistance accelerate Stripe’s previously steep progress trajectory.”

This year, Stripe has hired a lot more than 400 staff members, bringing its complete workforce to two,800 staff members throughout sixteen world-wide offices, as the shift to on the net commerce spiked because of to the COVID-19 pandemic.

New hires include things like Mike Clayville, previously of Amazon Internet Solutions, as Stripe’s chief earnings officer, and Trish Walsh, previously at Voya Monetary, as general counsel.

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

Dhivya Suryadevara, Common Motors, Stripe