Veteran Chipotle Executive Jack Hartung Joins Tesla’s Board of Directors
Jack Hartung, a seasoned executive from Chipotle, has been appointed as a member of Tesla’s board of directors, as per a recent filing with the SEC. This move comes as Tesla is nearing completion of its unique 1950s-style diner and charging station in Los Angeles.
Hartung brings with him more than twenty years of experience from his roles as CFO, president, and chief strategy officer at Chipotle. During his tenure at Chipotle, he managed various aspects of the business, including finance, accounting, supply chain, strategy, and safety. His contributions have been instrumental in the company’s growth to over 3,700 restaurants worldwide.
Prior to his time at Chipotle, Hartung spent close to two decades at McDonald’s, where he held the position of VP and CFO of the restaurant chain’s partner brands group.
While Hartung’s expertise in finance and business is transferable across industries, his appointment to Tesla’s board coincides with the company’s upcoming launch of the retro-futuristic diner and charging station in LA. Tesla had previously advertised for a Tesla Diner Experience Specialist to enhance customer service at the diner.
There is speculation that Hartung’s background in the food and beverage industry could provide valuable strategic insights and networking opportunities for Tesla. JS has reached out to both Tesla and Hartung for further details.
Additionally, Tesla’s regulatory filing reveals a related-party transaction involving Hartung’s son-in-law, who has been employed as a Tesla service technician since December 2016. Last year, he received a salary of $124,000, in line with the company’s compensation practices.
Hartung is set to commence his duties on the board, including serving on the audit committee, starting from June 1. He has opted to forgo cash and equity compensation, following the lead of other board members.