Additionally, Jack Hartung, the chief financial officer of Chipotle, has recently joined Tesla’s board of directors. Her appointment brings significant environmental justice and equity expertise to the rapidly growing electric vehicle manufacturer’s executive team. Tesla has plans to open an all electric, retro-futuristic diner and charging station combination in Los Angeles. This appointment comes at a critical juncture for the company.
Hartung, who had spent more than 22 years at Chipotle, During his tenure, he’s worked as the organization’s president, chief strategy officer, and in other senior leadership positions. His deep experience in finance and operations should serve Tesla well. He is especially powerful as the company sets out on experimental initiatives merging restaurant models with electric vehicle charging station functionality.
Hartung will take office formally on the board June 1. He will additionally assume a seat on the audit committee. His expertise and insights are expected to contribute to Tesla’s strategic planning and financial oversight during this period of expansion. Notably, Hartung has waived his right to receive both cash and equity compensation for his role on the board, underscoring his commitment to the company’s mission.
Tesla is definitely not alone as the electric vehicle giant is opening its new diner to a lot of fanfare. This diner aims to combine old-school aesthetic with new-school tech. In addition to serving good diner food, the diner will be the first “supercharging” station for Tesla automobiles on the East Coast. This powerful combination will bring in customers and EV drivers alike. This brilliant new idea is yet another example of Tesla’s palpable devotion to providing a superior customer experience all while encouraging sustainable practices.
Tesla is becoming more successful and more diversified. Hartung’s deep experience running the model at Chipotle will be critical for dealing with the inevitable bumps in the road of this new business model. His leadership experiences will help inform discussions around financial strategies and operational efficiencies. As the company – eyeing a future opportunity to disrupt the dining/electric mobility intersection – matures, his insights will be indispensable.