Tesla announced that Chipotle Chief Financial Officer Jack Hartung will join the board of directors and the audit committee of the board. Hartung will join the Tesla board on June 1. Elon Musk-led electric vehicle company will expand its board to nine members. Taking to social media, Tesla posted on X (former Twitter), “We are pleased to welcome Jack Hartung to Tesla’s Board of Directors, effective June 1, 2025…”
Who is Jack Hartung?
Jack Hartung brings a wealth of experience to Tesla’s board as he has worked for over 40 years with two of the world’s leading fast-food brands, McDonald’s and Chipotle. He was Chipotle’s longest-serving CFO for 22 years, then he was promoted to President and Chief Strategy officer. During his tenure at Chipotle, Hartung had once explained that success is possible if you know the nuts and bolts of your role. Paying attention to details, Hartung learned the intricacies of making a burrito from none other than Chipotle’s founder, Steve Ells.
Hartung has worn many hats in Chipotle, like finance, accounting, supply chain, strategic planning, and safety operations. He also played an important role in the expansion of nearly 3,700 Chipotle restaurants in the United States, Canada, the United Kingdom, France, Germany, and Kuwait. Interestingly enough, it is the only restaurant company of its size that owns and operates all its restaurants in North America and Europe.
Before Chipotle, Hartung was at McDonald’s for almost 20 years, serving as Vice President and CFO of its Partner Brands Group, where he played a pivotal role in managing financial operations across various affiliated brands.
According to Seeking Alpha, a financial research platform, Tesla disclosed that Jack Hartung’s son-in-law has been employed by the company since December 2016 in a non-executive, salaried role. Currently serving as a Service Technician, he does not reside in the same household as Hartung. In fiscal year 2024, his total compensation, including the value of equity awards, was approximately $124,000. Tesla clarified that this compensation aligns with the company’s standard pay structure for employees in comparable roles with similar qualifications and responsibilities.
