Tesla Inc. (TSLA) has just lost another high-ranking executive.
Justin McAnear, vice president of worldwide finance and operations at the automaker, confirmed that his last day at the company will be Oct. 7.
Shortly after Bloomberg broke the news about McAnear’s departure, Tesla’s head of global finance issued a statement to explain why he was leaving. McAnear, who joined Tesla three years ago from Apple Inc. (AAPL), said his decision to resign was motivated by a desire to further his career.
“Several weeks ago, I announced to my team that I would be leaving Tesla because I had the chance to take a CFO role at another company,” McAnear said in a statement provided by Tesla. “I’ve truly loved my time at Tesla, and I have great respect for my colleagues and the work they do, but this was simply an opportunity I couldn’t pass up. Any other speculation as to why I’ve left is simply inaccurate. I’ve been working with the team to ensure a smooth transition prior to my last day on October 7th, and a number of members of the team are stepping up to fill my role.”
Tesla stock was 1% lower in pre-market trading.
The Exodus Continues
News of McAnear’s departure came just days after chief accounting officer Dave Morton resigned less than one month after joining Tesla. The automaker’s former head of HR, Gabrielle Toledano, and vice president of communications, Sarah O'Brien, also left the company recently. More than 30 executives have exited Tesla since June. The Verge spotted a list of executives who departed the company maintained by short sellers. (See also: A Bad Week For Tesla Just Got Worse.)
Tesla has so far refrained from going on a big recruitment drive to fill the gaps left by its departures. TechCrunch reported that many positions have yet to be filled and that the company has instead been asking current employees to step up to compensate for the absence of several important members of staff.
That means that some employees, such as Kevin Kassekert, have been given even bigger workloads. Kassekert was previously in charge of infrastructure development, a job that included leading the construction and development of Tesla’s gigafactory near Reno, Nevada.
Following a spate of exits, Kassekert was promoted to vice president of people and places, giving him the additional responsibility of human resources, Toledano’s old job, on top of his infrastructure commitments. (See also: Apple Has Hired 46 Ex-Tesla Employees This Year: Report.)