(Yicai Global) Nov. 10 -- The personnel departures from Faraday Future (FF) invested by Jia Yueting, the founder of LeEco, is not over. Stefan Krause, CFO of Faraday Future, may be the next senior executive to leave eight months after he joined Faraday Future, thepaper.cn reported, quoting American auto industry daily Jalopnik. Stefan Krause made this decision today, it says.
Stefan Krause took the position of COO and CFO, mainly responsible for financial affairs, investment relationship and capital management, the website of Faraday Future says.
Before joining FF, Krause was the CFO and board member of Deutsche Bank, responsible for strategy, operation development and financial report. From 1987 to 2008, he took key leading positions in BMW Europe and BMW America as CFO and sales and marketing director.
This March, Jia Yueting announced of Stefan Krause's joining the firm on his personal WeChat public account and said Krause would further improve the financing channels and capability of Faraday Future.
Faraday Future planned to raise USD1 billion in A-round financing within a couple of months and the CFO Stefan Krause had been travelling around Middle East, Europe and Asia to find funds, Bloomberg News reported last May.
However, the A-round financing has not been settled yet. If Krause leaves the company, it would hugely impact Faraday Future, Jalopnik said.
Several senior executives of Faraday Future have left the company since July, including two founding members, senior vice president of global supply chain, Tom Wessner, and vice president of human resources, Alan Cherry.