---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-006706"
form_type: "8-K/A"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:03:19.384044+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Faraday Future finalizes ousted CEO Breitfeld's exit; severance includes salary through Mar 3, health, option extension

## Summary
- Lump-sum severance equals base salary from Dec 27, 2022 to Mar 3, 2023 at $1,687,500 annual rate.
- Company will pay monthly health insurance contributions through Mar 31, 2023.
- Post-termination exercise period for vested stock options extended to Mar 26, 2023.
- Breitfeld required to cooperate with transition and adhere to non-disparagement and confidentiality obligations.
- Original removal as CEO disclosed in Nov 28, 2022 8-K; amendment finalizes separation agreement signed Jan 30, 2023.

## SEC filing metadata
- accession: 0001213900-23-006706
- form_type: 8-K/A
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390023006706/0001213900-23-006706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390023006706/ea172406-8ka1_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-006706
- JSON: https://secwatch.observer/filing/0001213900-23-006706.json
- Plain text: https://secwatch.observer/filing/0001213900-23-006706.txt

## Key facts
- Executive change
  Carsten Breitfeld was removed as Global Chief Executive Officer at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: removed
  - Role: Global Chief Executive Officer
  source text: voted to remove Dr. Carsten Breitfeld as Global Chief Executive Officer of the Company on November 26, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023006706/0001213900-23-006706-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.