Tesla’s longtime CFO Deepak Ahuja announced his retirement from the company in the earnings call on Thursday. He will be succeeded by Zach Kirkhorn, the electric car maker’s vice president of finance, who has been with Tesla since the days of the original Roadster.

Ahuja,56, will continue to play a role in the company with Elon Musk stating that he would continue to serve as a ‘senior adviser’ for ‘probably years to come.’

ALSO READ: ICICI sacks Chanda Kochhar for violating code of conduct

“I feel really good about Zach taking over. He’s proven his self over the years with many tough challenges he’s worked on,” Ahuja said. Kirkhorn, 34 completed his MBA from Harvard Business School in 2013 and got his first job with McKinsey & Co. He joined Tesla in his mid-20s.

“I’ve been deep in the operations of every major program of the company from Roadster to…scaling our energy business and more things to come. I feel we’re starting 2019 with a very strong financial foundation. We have enough cash to start new programs and develop new technologies,” Kirkhorn said.

This is not the first time Deepak Ahuja has left Tesla. Back in 2015, the finance veteran announced his departure from the electric car maker. He was replaced by Jason Wheeler, Google’s former VP of Finance, who later departed from his CFO post at Tesla to pursue interests in the public sector. Following Wheeler’s departure, Deepak came out of retirement to fill Tesla’s CFO position full-time.