Matthias Aydt is the CEO of Faraday Future Intelligent Electric Inc. He took over the role on September 29, 2023, after a long history with the company. Aydt holds a Bachelor of Science degree in engineering from Fachhochschule Ulm -...

Matthias Aydt is the CEO of Faraday Future Intelligent Electric Inc. He took over the role on September 29, 2023, after a long history with the company. Aydt holds a Bachelor of Science degree in engineering from Fachhochschule Ulm - Hochschule für Technik, which sets a solid foundation for his work in the automotive industry. Prior to becoming CEO, he was the Senior Vice President of Product Execution, where he played a key role in getting the company’s flagship electric vehicle, the FF 91, ready for production. Interestingly, Aydt used to be a member of the Company’s Board of Directors but resigned to focus more on the CEO position. His overall compensation for 2023 was $353,250, which includes a salary of $348,250 and a bonus. As Aydt leads the company, his main goal is to align its growth strategies with market trends. His experience ranges from engineering to business development, giving him a broad perspective on what it takes to succeed in the EV industry.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Faraday Future Intelligent Electric Inc. CEOs

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Matthias Aydt

CEO of Faraday Future Intelligent Electric Inc.

Education

Bachelor of Science from Fachhochschule Ulm - Hochschule für Technik

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Consumer Cyclical

Born

January 1, 1957 - 68 years ago

CEO of Faraday Future Intelligent Electric Inc. for

1 year 9 months (Sep 2023 - Present)

Previous Experience

Various leadership roles in automotive industry

Rivals

Competitors/colleagues of Matthias Aydt

Holdings

See how much did Matthias Aydt make over time.

Matthias Aydt's holdings in Faraday Future Intelligent Electric Inc. are directly tied to his role as CEO, which he assumed on September 29, 2023. His financial stake includes various compensatory factors, but specific details about stock options or grants in...

Matthias Aydt's holdings in Faraday Future Intelligent Electric Inc. are directly tied to his role as CEO, which he assumed on September 29, 2023. His financial stake includes various compensatory factors, but specific details about stock options or grants in 2023 are notably absent; he received no stock awards or options that vested during the year. His total compensation for 2023 was fixed at $353,250, indicating a straightforward cash compensation structure amid strategic initiatives focusing on the FF 91 Futurist's production. The ambiguity around his stock holdings hints at a cautious financial strategy, maintaining stability in a volatile market landscape as the company navigates its operational challenges.

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Insider Trading

See recent insider trades of Matthias Aydt.

FFIE

$8.60K

FFIE at $1.51/share

Nov 22, 2024

Received

FFIE

$8.60K

FFIE at $1.28/share

Nov 15, 2024

Received

FFIE

$8.60K

FFIE at $2.07/share

Oct 31, 2024

Received

FFIE

$8.62K

FFIE at $2.29/share

Oct 15, 2024

Received

FFIE

$18.62K

FFIE at $3.51/share

Sep 15, 2024

Received

FFIE

20,333 shares

FFIE

Jul 21, 2021

Received

FFIE

55,893 shares

FFIE

Jul 21, 2021

Received

Compensation History

See how much did Matthias Aydt make over time.

In 2023, Matthias Aydt, as CEO of Faraday Future, earned a total compensation of $353,250. This amount was made up of a base salary of $348,250 and a discretionary bonus of $5,000. The bonus reflects his eligibility for performance metrics, with a potential target of up to $100,000 based on the company's results. It's important to note that Aydt did not receive any stock or equity awards that vested or were granted during the year, which somewhat highlights the company's focus on cash compensation as it works to stabilize and grow in the competitive electric vehicle market. His compensation strategy seems to be aligned more closely with short-term performance rather than long-term equity stakes, a move that positions him to directly benefit from the company’s operational success.

Year

2023

Total Compensation

$353.25K

Salary

$348.25K

Board Justification

The compensation philosophy aims to attract, motivate, and retain executives who contribute to the long-term success of the company, aligning compensation with performance metrics and peer benchmarking.

Bonus

$5.00K

Board Justification

Mr. Aydt is eligible for a pro-rated discretionary target bonus for 2023 in the amount of $100,000, based on the Company's performance.

Other

$0.00

Board Justification

No other compensation was reported for 2023.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023.

Performance Metrics

The performance metrics for determining the compensation include the overall performance of the company in 2023.

Other Faraday Future Intelligent Electric Inc. CEOs

Here are other CEOs of Faraday Future Intelligent Electric Inc.

Xuefeng Chen

Ex-CEO of Faraday Future Intelligent Electric Inc.

November 2022 - September 2023