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Dr. Carsten Breitfeld holds a PhD in Engineering and has been in key leadership roles in the electric vehicle industry. He served as the Global CEO of Faraday Future Intelligent Electric Inc. from July 2021 until November 2022. During his...

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Dr. Carsten Breitfeld

Ex-CEO of Faraday Future Intelligent Electric Inc.

Education

PhD in Engineering

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Consumer Cyclical

Born

January 1, 1973 - 52 years ago

CEO of Faraday Future Intelligent Electric Inc. for

1 year 4 months (Jul 2021 - Nov 2022)

Previous Experience

Various leadership roles in automotive and technology companies

Rivals

Competitors/colleagues of Dr. Carsten Breitfeld

Holdings

See how much did Dr. Carsten Breitfeld make over time.

Dr. Carsten Breitfeld has been actively involved in insider trading related to his holdings in Faraday Future Intelligent Electric Inc. Starting from July 2021, he saw his holdings peak at over $12.5 million in July 2021, driven by investor interest...

Insider Trading

See recent insider trades of Dr. Carsten Breitfeld.

FFIE

548,978 shares

FFIE

Jul 21, 2021

Received

Compensation History

See how much did Dr. Carsten Breitfeld make over time.

Dr. Carsten Breitfeld's compensation as CEO of Faraday Future varied significantly over the years. In 2021, he earned a total of $600,000, which included a $100,000 bonus tied to the company’s performance metrics such as revenue growth. The following year, in 2022, his compensation rose drastically to approximately $2.36 million, largely due to his vested stocks valued at $334,082. However, no bonus was awarded that year as the company's performance did not meet the benchmarks set for incentive pay. This sudden increase in compensation highlights the inherent risks and rewards in high-stakes executive roles, especially in an industry as volatile as electric vehicles. Overall, his compensation reflects both his previous achievements and the challenges he faced while leading the firm.

Year

2022

Total Compensation

$2.36M

Salary

$1.65M

Board Justification

The company aims to attract and retain effective management through competitive compensation aligned with performance metrics.

Bonus

$0.00

Board Justification

No bonus was awarded for 2022 due to company performance.

Other

$384.71K

Board Justification

This includes corporate housing, tax reimbursements, and a rental car provided during 2022.

Restricted Stock

$334.08K(334.08K options)

Board Justification

This amount represents the value of stock options that vested in 2022.

Performance Metrics

Performance metrics were not specified for 2022.

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