People

Musk’s SolarCity Announces New CFO

Former Goldman Sachs, Tesla executive to get top finance job.
Sean AlloccaSeptember 28, 2016
Musk’s SolarCity Announces New CFO

One of the energy industry’s leading clean energy companies has announced a new CFO. SolarCity said Wednesday that Radford Small will lead the company’s financial operations, after overseeing financial business development and investor relations.

As former managing director and COO for the clean technology and renewables group at Goldman Sachs, Small raised more than $20 billion in financing and worked on more than $25 billion of merger and acquisition transactions in his 17-year tenure. “Rad” joined SolarCity in 2015.

SolarCity is expected by year-end to be acquired by Tesla, where Small was also a former executive vice president of global capital markets. Small will be reporting to SolarCity CEO Lyndon Rive.

A Better Way to Do Ecommerce

A Better Way to Do Ecommerce

Learn how Precision Medical leveraged OneWorld to cut the cost of billing in half and added $2.5M in annual revenue.

“Rad has been a tremendous asset — he’s excelled at everything we’ve put on his plate — and he brings an incredibly valuable skillset to a potential combination of Tesla and SolarCity,” Rive said in a statement. “This promotion largely reflects the reality of the current roles and responsibilities in SolarCity’s finance department. Rad has been leading our efforts in the capital markets for some time, and has been playing an increasingly visible role in financial planning and analysis, investor relations, and accounting.”

SolarCity also announced that its president, Tanguy Serra, who was overseeing finance, will leave SolarCity at the end of the year, following the anticipated Tesla acquisition.