---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-078366"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T10:57:40.656291+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Faraday Future appoints Matthias Aydt as Global CEO; Xuefeng Chen returns to FF China CEO role

## Summary
- Xuefeng Chen resigns as Global CEO and Board member effective Sept 29, 2023; no disagreement.
- Board appoints Matthias Aydt (former SVP of Business Development) as new Global CEO and Board member, effective Sept 29.
- Chen becomes FF China CEO and EVP of Global Industrialization, focusing on China launch and supply chain.
- Chen's new compensation: base salary $750K, bonus up to $450K; total cash target reduced 20% to $1.2M.
- Aydt to focus on boosting FF 91 2.0 Futurist Alliance production and deliveries.

## SEC filing metadata
- accession: 0001213900-23-078366
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390023078366/0001213900-23-078366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390023078366/ea185569-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-078366
- JSON: https://secwatch.observer/filing/0001213900-23-078366.json
- Plain text: https://secwatch.observer/filing/0001213900-23-078366.txt

## Key facts
- Executive change
  Mattias Aydt was appointed as Global Chief Executive Officer and Member of the Board of Directors at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: appointed
  - Role: Global Chief Executive Officer and Member of the Board of Directors
  source text: the Board appointed Mattias Aydt to succeed Mr. Chen as Global Chief Executive Officer and as a member of the Board, effective September 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023078366/0001213900-23-078366-index.htm
- Executive change
  Xuefeng Chen was appointed as FF China Chief Executive Officer and Executive Vice President of Global Industrialization at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: appointed
  - Role: FF China Chief Executive Officer and Executive Vice President of Global Industrialization
  source text: Effective September 29, 2023, Mr. Chen will resume his prior position as FF China Chief Executive Officer, based in China, and will assume a new role as Executive Vice President of Global Industrialization of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023078366/0001213900-23-078366-index.htm
- Executive change
  Xuefeng Chen resigned as Global Chief Executive Officer and Member of the Board of Directors at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: resigned
  - Role: Global Chief Executive Officer and Member of the Board of Directors
  source text: Xuefeng Chen notified Faraday Future Intelligent Electric Inc. (the “Company”), of his decision to resign from his position as Global Chief Executive Officer of the Company effective September 29, 2023. Mr. Chen also resigned from his position as a member of the Board of Directors of the Company (the “Board”) effective September 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023078366/0001213900-23-078366-index.htm

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