---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-040147"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:56:21.010741+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Faraday Future appoints Edward Darwick as Head of Finance Operations; recaps Q1 results

## Summary
- Edward Darwick named Head of Finance Operations, effective immediately, reporting to Interim CFO Yun Han.
- Darwick brings ~20 years of experience including Ford and Nio, focusing on FP&A and operational finance.
- Q1 net income $6.5M (driven by mark-to-market gains); operating loss $83M vs $149M YoY, a significant reduction.
- Reiterated FF 91 delivery start end of May subject to financing and parts; 40 vehicles manufactured to date.
- Secured $135M gross funding ($120M received); additional $100M unsecured convertible notes committed, $80M from management.

## SEC filing metadata
- accession: 0001213900-23-040147
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390023040147/0001213900-23-040147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390023040147/ea178671-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-040147
- JSON: https://secwatch.observer/filing/0001213900-23-040147.json
- Plain text: https://secwatch.observer/filing/0001213900-23-040147.txt

## Key facts
- Earnings Releases
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. reported the first quarter ended March 31, 2023 results: net income $6.5 million.
  - Period: the first quarter ended March 31, 2023
  - Net income: $6.5 million
  - Result: reported results
  source text: On May 15, 2023, Faraday Future Intelligent Electric Inc., a Delaware corporation (the “Company”), issued a press release reiterating Company highlights and financial results for the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023040147/0001213900-23-040147-index.htm

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