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Stripe poaches Dhivya Suryadevara from General Motors to be CFO

Companies launched on Stripe’s platform since March have generated close to $10bn.

Stripe, the payments company founded by Patrick and John Collison, has lured Dhivya Suryadevara away from General Motors to become its new chief financial officer (CFO).

The news comes as the fast-growing company said businesses launched on its software platform since Covid-19 lockdowns began in March have generated close to $10 billion (€8.5 billion) in revenues to date. This compares with revenues of $1 billion in late May.

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Announcing the new appointment, Stripe said Ms Suryadevara brings with her a wealth of experience from her time as CFO at General Motors. While at the carmaker, she oversaw financial operations amounting to over $100 billion in annual revenue, and millions of vehicles delivered annually by 180,000 employees across six continents.

“I really enjoy leading complex, large-scale businesses and I hope to use my skills to help accelerate Stripe’s already steep growth trajectory,” she said.

Ms Suryadevara’s appointment follows the recent arrival of Mike Clayville, formerly of Amazon Web Services, as Stripe’s chief revenue officer, and Trish Walsh, previously at Voya Financial, as general counsel.