General Motors’ CFO Leaves to Join Payments Company Stripe

General Motors’ main economic officer Dhivya Suryadevara is leaving the automaker to become finance main at on line billing and payments firm Stripe.

Suryadevara, who has served as CFO at GM given that 2018, oversaw economic functions amounting to about $100 billion in once-a-year income and tens of millions of autos delivered annually by one hundred eighty,000 personnel across 6 continents.

“Dhivya has been a transformational leader in her tenure as CFO,” said Mary Barra, chairman and CEO of General Motors. “She has served the firm improve our equilibrium sheet, boost our price framework, focus on income era, and drive the appropriate investments for our long run. We want her just about every results.”

General Motors named John Stapleton, GM North America main economic officer, as acting global main economic officer, productive August 15. GM will conduct an inside and external search for Suryadevara’s successor.

At Stripe, Suryadevara will perform a essential position in enabling “aggressive progress even though keeping the optimum criteria in discipline and fiscal duty,” Stripe said.

“I’m incredibly fired up to be a part of Stripe at a pivotal time for the firm. Stripe’s mission to boost the GDP of the online is a lot more critical now than at any time,” Suryadevara said. “I genuinely enjoy main intricate, huge-scale businesses, and I hope to use my techniques to help speed up Stripe’s previously steep progress trajectory.”

This year, Stripe has hired a lot more than four hundred personnel, bringing its overall workforce to 2,800 personnel across sixteen global offices, as the shift to on line commerce spiked owing to the COVID-19 pandemic.

The latest hires include Mike Clayville, previously of Amazon World-wide-web Products and services, as Stripe’s main income officer, and Trish Walsh, beforehand at Voya Economical, as standard counsel.

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

Dhivya Suryadevara, General Motors, Stripe