September 19, 2024 – Faraday Future has announced today that Jonathan Maroko has notified the company of his decision to resign from his position as Interim Chief Financial Officer, effective from September 20, 2024.
According to the announcement, on September 17, 2024, the company’s board of directors appointed Koti Meka as the new Chief Financial Officer, who will take up the role from September 23, 2024. Meka, aged 55, has been serving as the Acting Head of Financial Operations since November 2023. In this role, he has managed financial operations, been responsible for financial planning and analysis, and supported process improvements, goal-setting, and cost-reduction efforts.
Prior to his current position, Meka held various roles within the company, including Financial Controller from July 2017 to November 2023, Operations Director from August 2016 to July 2017, and Senior Cost Estimating Manager from February 2016 to August 2016. Before joining Faraday Future in February 2016, Meka worked at Ford Motor Company from July 2002 to February 2016, where he was responsible for cost optimization, product development finance, and corporate finance. This included leading financial analysis at Ford’s Business Service Center in Chennai, India, from December 2009 to July 2013.
It was reported that in July 2023, Yun Han, the then Interim Chief Financial Officer of Faraday Future, resigned from his position. Following this, the company appointed Jonathan Maroko, an external candidate, as the new Interim Chief Financial Officer, effective from July 24, 2023.