LeEco-backed Faraday Future Hires Deutsche Bank, BMW Veteran Stefan Krause As CFO

Faraday Future, a Los Angeles based smart electric car company backed by Jia Yueting, founder of Chinese technology conglomerate LeEco, has hired Stefan Krause as the company's global chief financial officer. Krause is a former Deutsche Bank executive and chief financial officer of Bayerische Motoren Werke AG.

Krause will be responsible for corporate finance, investor relations, and capital management at Faraday Future. He will also join key business committees of the company, according to an announcement.

Prior to joining Faraday Future, Krause served as a senior advisor to private equity firm Warburg Pincus. Between 2008 and 2015, he served as CFO and Board Member for Deutsche Bank, heading the company’s strategic growth, operational development, and financial reporting.

Before that, Krause worked for BMW Group in a number of po...

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