Money Tesla Just Lost One Of Its Most Valuable Executives

07:41  14 september  2017
07:41  14 september  2017 Source:   Fortune

Commonwealth Bank in board shake-up

  Commonwealth Bank in board shake-up Commonwealth Bank of Australia has announced a shake-up of its board, with three directors set to leave and experienced banker Rob Whitfield to take up a board seat. The changes come as the bank had battled numerous scandals including a prosecution by the money laundering regulator Austrac and the prospect of action from overseas regulators.CBA said Launa Inman and Harrison Young would retire at the bank's annual general meeting in November.

Tesla 's vice president of business development, one of CEO Elon Musk's most visible and valuable executives , has left the company. The departure of Diarmuid O'Connell, who helped Tesla negotiate its most important deals

Tesla Tesla Just Lost One Of Its Most Valuable Executives . By going public, companies chain themselves to quarterly performance goals, which makes it extremely difficult to execute the kind of long-term strategy that creates a truly great company.

Diarmuid O'Connell, Tesla Vice President Business Development, speaks during media previews at the North American International Auto Show in Detroit on Jan. 14, 2014. © Paul Sancya—AP Diarmuid O'Connell, Tesla Vice President Business Development, speaks during media previews at the North American International Auto Show in Detroit on Jan. 14, 2014. Tesla’s vice president of business development, one of CEO Elon Musk’s most visible and valuable executives, has left the company.

The departure of Diarmuid O’Connell, who helped Tesla negotiate its most important deals, including the purchase of its factory in California and building a massive battery factory in Nevada, comes as the company tries to ramp up production and deliveries of its Model 3 electric car.

It also follows a spate of other executive departures in the past six months, including Tesla’s director of battery technology in August.

The departure of Diarmuid O’Connell, who joined the company in 2006, was first reported by Bloomberg. A company spokesman confirmed to Fortune that O’Connell has left.

UK airport seeks to reunite lonely teddies with owners .
Hundreds of children separated from their beloved teddy bears are being given the chance to be reunited under an initiative launched by Glasgow Airport on Thursday. The Scottish airport published a video line-up of its lost teddie collection and invited children to identify and reclaim their soft toys."Lost teddies at Glasgow Bearport," read the appeal."Glasgow Airport is asking the public to paws for a moment and help it reunite lost cuddly toys with their owners."The airport said they recovered hundreds of soft toys, from "two-foot high blue monsters to tiny cuddlies.

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