Amplero founder Olly Downs is now at Zillow. (Amplero Photo)
—Olly Downs, who previously founded AI-powered marketing startup Amplero, has joined Zillow Group as the company’s new senior director of artificial intelligence. In the new role, Downs leads “AI-focused applied science and engineering at Zillow driving home valuation and marketing technology,” according to his LinkedIn profile.
Earlier this year, Downs transitioned from Amplero’s CEO to chief scientist, handing the reins to Jamie Miller, a former executive at thePlatform. The hire comes the same week that Zillow tapped former Amazon executive Allen Parker as chief financial officer.
We’ve reached out to Zillow for comment, and we will update this post as we learn more. Downs will report to Vice President of Artificial Intelligence Jasjeet Thind, according to the Puget Sound Business Journal.
—Robyn Denholm is taking over as the chair of Tesla, filling a spot that CEO Elon Musk is leaving under the terms of a settlement with the Securities and Exchange Commission.
Denholm has been one of Tesla’s independent directors since 2014. She’ll step down from her current post as chief financial officer of the Australian telecom company Telstra after a six-month transition period.
“I believe in this company, I believe in its mission and I look forward to helping Elon and the Tesla team achieve sustainable profitability and drive long-term shareholder value,” Denholm said in a news release.
Musk agreed to give up his title as Tesla’s chair, while retaining the CEO title, to settle a securities fraud lawsuit sparked by his controversial comments about a plan to take the company private.
The plan fizzled, but Musk’s “funding secured” comment fueled wild ups and downs in Tesla’s share price. The SEC settlement also forced Musk and Tesla to pay a pair of $20 million fines.
Shelly Farnham. …read more