8-K filed April 9, 2025, 7:59 PM ET ticker MVST CIK 0001760689

leadership confidence high sentiment neutral materiality 0.65

Microvast appoints Pat Schultz as CFO; Fariyal Khanbabi departs April 7

Microvast Holdings, Inc.

Fariyal Khanbabi ceased as CFO on April 7, 2025; no reason given.
New CFO Carl T. 'Pat' Schultz, former Air Liquide NA CFO, starts April 21, 2025.
Schultz receives $420k base salary, 45% target bonus, one-time RSU grant of 35,000 shares.
Options to acquire 300,000 shares vesting over 3 years.
Severance: 9 months base salary if terminated without cause, plus prorated vesting.

item 5.02 item 7.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0000947871-25-000373
form_type: 8-K
ticker: MVST
cik: 0001760689
company_name: Microvast Holdings, Inc.
filed_at: 2025-04-09T23:59:59+00:00
discovered_at: 2026-05-14T18:02:49.617436+00:00
generated_at: 2026-05-23T18:30:15.699937+00:00
sec_items: ["5.02", "7.01", "9.01"]
event_type: leadership
sentiment: neutral
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: high
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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Fariyal Khanbabi

Chief Financial Officer

MVST · Microvast Holdings, Inc.

Effective: 2025-04-07
Successor: Carl T. "Pat" Schultz
Filed: April 9, 2025, 7:59 PM ET

On April 7, 2025, Fariyal Khanbabi ceased to be employed as Chief Financial Officer of Microvast Holdings, Inc.

Appointed

Carl T. "Pat" Schultz

Chief Financial Officer

MVST · Microvast Holdings, Inc.

Effective: 2025-04-21
Filed: April 9, 2025, 7:59 PM ET

On April 3, 2025, the Company made an offer of employment to Carl T. “Pat” Schultz pursuant to which Mr. Schultz will serve as the Company’s Chief Financial Officer

Source-grounded claims

62b1e7dcdd

Fariyal Khanbabi departed as Chief Financial Officer at Microvast Holdings, Inc..

On April 7, 2025, Fariyal Khanbabi ceased to be employed as Chief Financial Officer of Microvast Holdings, Inc.

SEC 8-K Item 5.02 confidence 1.0 SEC evidence

8bef0c2a60

Carl T. "Pat" Schultz was appointed as Chief Financial Officer at Microvast Holdings, Inc..

On April 3, 2025, the Company made an offer of employment to Carl T. “Pat” Schultz pursuant to which Mr. Schultz will serve as the Company’s Chief Financial Officer

SEC 8-K Item 5.02 confidence 1.0 SEC evidence

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Comparable filing

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Filing page SEC filing

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same fact type: executive_change same SEC item: 5.02, 7.01, 9.01 same event type: leadership similar materiality

This filing

On April 7, 2025, Fariyal Khanbabi ceased to be employed as Chief Financial Officer of Microvast Holdings, Inc.

Comparable filing

On May 27, 2026, Cencora, Inc. (the “Company”) announced that Eva C. Boratto has been appointed Executive Vice President and Chief Financial Officer of the Company (the “Appointment”), effective June 29, 2026 (the “Effective Date”).

Filing page SEC filing

Source: SEC EDGAR

accession 0000947871-25-000373

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