Faraday Future Board of Directors Appoints Xuefeng (“XF”) Chen as Global Chief Executive Officer to Boost the FF 91 Futurist Production and Achieve the Long-Term Goals of the Company
Faraday Future Intelligent Electric Inc., a California-based global shared intelligent electric mobility ecosystem company (NASDAQ: "FFIE") (FF, "Faraday Future" or "the Company"), announced today that the FFIE Board of Directors has appointed FF China CEO Xuefeng (XF) Chen as Global CEO of Faraday Future, effective immediately.
- Faraday Future Intelligent Electric Inc., a California-based global shared intelligent electric mobility ecosystem company (NASDAQ: "FFIE") (FF, "Faraday Future" or "the Company"), announced today that the FFIE Board of Directors has appointed FF China CEO Xuefeng (XF) Chen as Global CEO of Faraday Future, effective immediately.
- Pursuant to the Companys Corporate Governance Guidelines, management directors are required to tender their resignation from the Board upon their removal as an officer of the Company.
- The Board has requested that Mr. Breitfeld tender his resignation from the Board in accordance with such Corporate Governance Guidelines.
- As Global CEO, Mr. Chen is tasked with delivering the FF 91 Futurist to market, delivering on the promise made to FF stockholders, investors, global partners, users and employees.