Faraday Future Loses Another Top Exec, The “Global CEO” This Time
As we get closer and closer to CES 2017, when Faraday Future is reportedly going to be unveiling its first production vehicle, more and more execs seem to be departing the company. The latest was the company’s “global CEO,” Ding Lei, who is also a top exec at the tech giant LeEco.
While Ding Lei has apparently not left LeEco, he has “stepped down from overseeing Faraday Future” — despite never officially being the company’s CEO.
To explain the rather convoluted situation, here’s a bit from The Verge’s coverage:
“Faraday Future never had an official CEO — the company has gone almost 2 years without naming one — but sources tell The Verge that Ding helped run things from his perch at LeEco, a major investor in FF. He joined LeEco in 2015 as chairman of LeSupercar and was seen as the company’s second most prominent spokesperson after founder Jia Yueting. He is also the former vice president at the Shanghai Automotive Industry corporation.
“A spokesperson for LeEco said that Ding is still employed at the Chinese company with the title co-founder and global vice chairman of SEE Plan. She referred all questions about his oversight of Faraday Future to that company’s press contact, which has yet to respond to a request for comment.”
This news is interesting since Ding Lei was one of the main driving forces behind the LeEco LeSee Supercar, took the stage during the unveiling of the FFZERO1 concept car at CES 2016, and was also present at Faraday Future’s groundbreaking event for its “$1 billion” facility in North Las Vegas back in April.
How should this departure be interpreted? More wheels falling off the bus? This close to the company’s possibly “make-or-break” showing at CES 2017, the departure certainly doesn’t look good.
Interestingly, there are some rumors going around that Ding Lei may actually be planning to join NextEV in some capacity. We’ll keep you posted as the story develops. …
For more information, see:
Faraday Future Loses 2 Top Execs, Following More News Of Financial Troubles
AECOM Has Ceased Construction Work On Faraday Future’s $1 Billion Nevada Facility
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