Microvast appoints Yaser Ali as CFO effective July 5, 2024

Microvast Holdings, Inc.

Yaser Ali appointed Chief Financial Officer, effective July 5, 2024.
Annual base salary of $325,000 with target annual bonus of 25% of base salary.
One-time RSU grant valued at ~$75,000, vesting equally over three years.
Relocation benefit up to $20,000 for moving to Houston, TX metro area.
Severance: six months base salary upon termination without cause or for good reason.

item 5.02 item 9.01

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Appointed

Yaser Ali

Chief Financial Officer

MVST · Microvast Holdings, Inc.

Effective: 2024-07-05
Filed: July 5, 2024, 7:59 PM ET

On June 28, 2024, Microvast Holdings, Inc. (the “Company”) approved the appointment of Mr. Yaser Ali to Chief Financial Officer of the Company, effective July 5, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Yaser Ali was appointed as Chief Financial Officer at Microvast Holdings, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On June 28, 2024, Microvast Holdings, Inc. (the “Company”) approved the appointment of Mr. Yaser Ali to Chief Financial Officer of the Company, effective July 5, 2024.

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Microvast Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000947871-24-000594

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