Hartung's extensive background in finance, strategy, and operations at Chipotle, where he helped grow the company to over 3,700 restaurants, is expected to provide valuable insights to Tesla. Additionally, a related-party transaction was disclosed, noting that Hartung's son-in-law has been a Tesla service technician since 2016, with a salary consistent with company standards. TechCrunch has reached out to Tesla and Hartung for further comments on how his experience in the food and beverage industry might influence his role at Tesla.
Key takeaways:
- Veteran Chipotle executive Jack Hartung was appointed to Tesla's board of directors, bringing over two decades of experience in finance and strategy.
- Hartung's appointment coincides with Tesla's development of a 1950s-style diner and charging station in Los Angeles.
- Hartung has waived his ability to collect cash and equity compensation for his role on Tesla's board.
- Tesla disclosed a related-party transaction involving Hartung's son-in-law, who works as a Tesla service technician.