Tesla adds management chief $1.5 trillion Japan pension fund to board - Business Insider

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Tesla adds management chief $1.5 trillion Japan pension fund to board - Business Insider
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Tesla just added the chief investment officer of Japan's $1.5 trillion government pension fund to its board of directors

, punctuating a tumultuous 18 months for the company's board.

Mizuno most recently served as the chief investment officer of Japan's $1.5 trillion government pension fund, the largest pension fund in the world, which owns roughly $874 million worth of Tesla stock. Before that post, Mizuno worked in finance roles in New York, San Francisco, and other global business centers.

"We are excited that Hiro has joined our mission to accelerate the world's transition to sustainable energy,"Shares of Tesla were little changed in after-hours trading Thursday following the announcement. His arrival signals yet more change for Tesla's board, which has seen a seismic shift since chief executive Elon Musk's legal tussle with US regulators. As part of a settlement with the Securities and Exchange Commission, the company agreed replace Musk as chairman and add two new independent directors.

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