Faraday Future Names New CFO in Preparation for Rapid Growth

Faraday Future has named Walter “Chuck” McBride as its new CFO to replace Zvi Glasman, who has accepted a new role outside the company.

McBride has taken over as the electric vehicle (EV) maker’s CFO, effective immediately, but Glasman will stay on with Faraday Future until mid-February 2022 to ensure a “seamless transition.”

McBride is a veteran public company financial executive who brings experience as the CFO for three separate publicly traded companies. This experience is a useful addition to Faraday Future’s c-suite as the EV maker made its debut on the Nasdaq over the summer as the result of a SPAC merger.

Faraday Future will also benefit from his experience building and refining finance, investor relations, and related functions as well as his expertise implementing new financial and accounting systems and internal controls infrastructure.

In the company’s announcement, Global CEO Carsten Breitfeld called McBride a seasoned financial executive and said he brings “hands-on strategic planning, capital markets and infrastructure development experience across a diverse set of companies, which will be invaluable as FF moves through its exciting next phase of growth"

The EV maker is on track to launch its upcoming first electric car, the FF 91, in the summer of 2022. In the lead-up to the launch, Faraday Future has recruited a bevy of new leadership talent to whip its manufacturing operations into shape and avoid setbacks.

Among the company’s recent hires have been a Director of Safety, VP of Supply Chain in China, VP of Manufacturing, Senior Director of Energy Storage and Charging, Head of Vehicle Quality, and Head of Software Engineering for ADAS and Self Driving.