In 2023, Xuefeng Chen earned $855.48K in total compensation at Faraday Future Intelligent Electric Inc., including $725.21K salary and $50.00K bonus. Most recently acquired 1 shares in Jun 2023. Currently holds stock worth $767.88.
Compensation History
Annual executive compensation data for Xuefeng Chen, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$855.48K
Salary
$725.21K
Bonus
$50.00K
Other
$80.27K
Salary
$725.21KBoard Justification
The compensation philosophy aims to attract, motivate, and retain executives who contribute to the long-term success of the company, aligning with performance metrics and peer benchmarking.
Bonus
$50.00KBoard Justification
Mr. Chen is eligible for a pro-rated discretionary target bonus for 2023 in the amount of $450,000, based on the company's performance.
Other Compensation
$80.27KBoard Justification
This includes a housing allowance of $64,000 and $16,272 for the payment of accrued paid time off and other benefits.
Restricted Stock
Board Justification
No stock awards vested in 2023 as Mr. Chen's awards were forfeited upon resignation.
Performance Metrics
Performance metrics for determining compensation include company performance against set targets.
Xuefeng Chen
Ex-CEO of Faraday Future Intelligent Electric Inc.
Education
Master's degree in Business Administration
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
January 1, 1973 - 52 years ago
CEO of Faraday Future Intelligent Electric Inc. for
0 years 10 months (Nov 2022 - Sep 2023)
Previous Experience
Various leadership roles in automotive and technology industries
Other Faraday Future Intelligent Electric Inc. CEOs
Holdings
Track Xuefeng Chen's stock holdings and portfolio value over time.
Insider Trading
Xuefeng Chen's recent stock transactions, purchases, and sales filed with the SEC.
$100.00
FFIE at $100.00/share
Jun 16, 2023
Purchase
Rivals
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