Tesla's recent appointment of Jack Hartung to its Board of Directors comes as a significant addition, given his extensive experience and success at Chipotle Mexican Grill, Inc. During his tenure at Chipotle, the company experienced notable growth, expanding to over 3,700 restaurants across various countries.
Notably, Jack Hartung held the position of President and Chief Strategy Officer at Chipotle, and previously served as the Chief Financial and Administrative Officer. Under his financial leadership, Chipotle garnered accolades, with Jack himself being recognized as 'CFO of the Year' by the Orange County Business Journal and earning the title of Best CFO in the restaurant category by Institutional Investor.
As Jack Hartung transitions to a senior advisor role at Chipotle, his addition to Tesla's Board of Directors brings a wealth of experience in finance, accounting, supply chain, strategy, and safety, making him a valuable asset to the company. His service on the boards of other notable companies such as Portillo’s Inc., The Honest Company, Inc., and ZocDoc, Inc. further underscores his expertise and influence in the business world. As a result of these announcements, the company's shares have moved 1.27% on the market, and are now trading at a price of $347.1741. If you want to know more, read the company's complete 8-K report here.