Eli Lilly's Optimism
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 8 August 2023
⏱️ 20 minutes
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| 0:00.0 | Usually you say goodbye before you leave, but sometimes you forget you're listening to |
| 0:09.6 | Motley Full Money. |
| 0:11.0 | I'm Ricky Mulvey. |
| 0:15.4 | Joining us now is Bill Barker. |
| 0:16.8 | Bill, good to see you. |
| 0:18.8 | Thanks for having me. |
| 0:20.4 | Big news today. |
| 0:21.4 | Tesla's chief financial officer Zach Kirkhorn. |
| 0:23.8 | Well, he stepped down from his role last Friday. |
| 0:26.8 | Kirkhorn is replaced by Veybov, Teneja. |
| 0:29.4 | Well, you find out a CFO is leaving before they step down, Bill. |
| 0:33.0 | Even if they are staying on throughout the end of the year, this is a little unusual. |
| 0:37.9 | It's a little unusual, but not so unusual that the market seems to find it terribly disconcerting. |
| 0:46.6 | You want CFOs to stick around and arrange an orderly transition and all that. |
| 0:54.4 | So suddenness of the announcement raises some questions, but behind the scenes there |
| 1:01.7 | don't seem to be big questions that are concerning the market players yet. |
| 1:06.0 | Or big questions that we may not know about from the outside. |
| 1:09.0 | I mean, for newer listeners, the way a CFO steps down from a company can be a big deal. |
| 1:16.3 | Why is this something that investors pay so much attention to? |
| 1:21.0 | But other situations when a CFO steps down abruptly with a little detail about why, then |
| 1:30.3 | you're going to have questions about whether there were any financial irregularities that |
| 1:34.2 | either the CFO was responsible for and is being pushed out or is aware of and no longer |
... |
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