GrubMarket Names John Chiang as New Advisor; Mike Xu Shares
SAN FRANCISCO, CA - Just a couple of weeks ago we reported on GrubMarket’s latest acquisition. We recently received more news from the wholesaler, as it has appointed a new Advisor. Former California State Controller and Treasurer John Chiang will enter the role, bringing his wealth of experience in finance and governance.
"As the former California State Controller and Treasurer, I've always believed in the power of digital transformation and the potential for technology enablement in the food industry to drive positive change for our society,” Chiang commented. “GrubMarket has an incredible story and an exciting journey ahead as Mike and his team continue growing the company into one of the world's most influential food tech businesses. I am thrilled to join GrubMarket as an advisor, because their business model connects my passion for improving access to fresh, healthy food with my commitment to fostering long-term sustainable economic growth."
With a career spanning over two decades, Chiang is known for leaving an indelible mark on California's economic development. From 2007 to 2014, he served as California's State Controller. Chiang also ran audit programs that exposed over $9.5 billion of fraud, waste, and abuse in government programs. He was later elected as California's 33rd State Treasurer, a position he held from 2015 to 2019.
According to a press release, Chiang began his career as a tax law specialist with the Internal Revenue Service (IRS) and served as an attorney in the State Controller's Office. Previously, he was elected to the California Board of Equalization, where he served two terms, including three years as Chair.
"We are honored to have John Chiang join us as an advisor,” said Chief Executive Officer Mike Xu. “He is a proven leader, and his extensive experience in finance and governance and his dedication to public service will be invaluable as we continue to execute our plans to become one of the world's most impactful food tech companies. Chiang built a sterling reputation during his time in office, where he was known for his responsible handling of the state's finances and his steadfast commitment to transparency and accountability in government spending, all of which earned him the trust and respect of both his colleagues and constituents."
Congratulations to John Chiang!