‘Too early’ to talk IPO, Redwood Materials’ incoming CFO says

Redwood Materials has finally found a new chief financial officer roughly a year and a half after its last one departed. He’s a familiar face to the former Tesla executives running the battery recycling and energy storage company.

On Monday, Redwood Materials said it has hired former Tesla finance chief Deepak Ahuja as its new CFO. Ahuja joins an executive team that includes Tesla’s former CTO (JB Straubel, Redwood’s founder and CEO) and former Tesla powertrain vice president Colin Campbell (Redwood’s CTO), among a number of other Tesla expats throughout the ranks. Most recently, Ahuja was chief finance and business officer at drone company Zipline.