General Motors’ CFO Leaves to Join Payments Company Stripe

Common Motors’ main financial officer Dhivya Suryadevara is leaving the automaker to become finance main at on the internet billing and payments corporation Stripe.

Dhivya Suryadevara

Suryadevara, who has served as CFO at GM due to the fact 2018, oversaw financial operations amounting to above $100 billion in once-a-year profits and hundreds of thousands of automobiles shipped on a yearly basis by a hundred and eighty,000 staff members throughout 6 continents.

“Dhivya has been a transformational chief in her tenure as CFO,” mentioned Mary Barra, chairman and CEO of Common Motors. “She has helped the corporation improve our equilibrium sheet, enhance our value construction, concentration on money generation, and push the suitable investments for our future. We wish her every single accomplishment.”

Common Motors named John Stapleton, GM North The us main financial officer, as performing worldwide main financial officer, effective August fifteen. GM will carry out an inside and external research for Suryadevara’s successor.

At Stripe, Suryadevara will participate in a essential role in enabling “aggressive progress whilst retaining the best specifications in self-discipline and fiscal obligation,” Stripe mentioned.

“I’m incredibly enthusiastic to join Stripe at a pivotal time for the corporation. Stripe’s mission to maximize the GDP of the online is far more significant now than ever,” Suryadevara mentioned. “I truly enjoy top advanced, big-scale corporations, and I hope to use my techniques to enable speed up Stripe’s previously steep progress trajectory.”

This yr, Stripe has employed far more than four hundred staff members, bringing its total workforce to 2,800 staff members throughout 16 worldwide workplaces, as the change to on the internet commerce spiked owing to the COVID-19 pandemic.

Current hires include Mike Clayville, formerly of Amazon Website Providers, as Stripe’s main profits officer, and Trish Walsh, formerly at Voya Economical, as common counsel.

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

Dhivya Suryadevara, Common Motors, Stripe