Chui Tin Mok
About Chui Tin Mok
Chui Tin Mok is Executive Vice President and Head of UAE at FFAI, and has served on the Board since January 25, 2023. He previously led FF’s User Ecosystem (Aug 2018–Aug 2024), is experienced in sales and marketing at global tech firms, and holds a Higher Diploma in Building Service Engineering (Hong Kong Institute of Vocational Education) and an Executive MBA (International Business Academy of Switzerland) . Age 50 as of April 18, 2025 . TSR/revenue/EBITDA performance metrics tied to Mok’s tenure are not disclosed in the company’s filings.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Faraday Future (FFAI) | Global Executive Vice President; Head of User Ecosystem | Aug 2018–Aug 2024 | Led FF’s User Ecosystem; senior commercial leadership during early product and ecosystem buildout |
| Faraday Future (FFAI) | Head of UAE | Aug 2024–present | Leads business development and strategic financing in UAE/Middle East |
| Faraday Future (FFAI) | Director (Board) | Jan 25, 2023–present | FF Top designee; governance and financing oversight via Finance & Investment Committee |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Trend Lab Limited | Founder | Jan 2017–ongoing (as disclosed) | Founded and managed marketing/tech venture |
| EFT Solutions Limited (HKEx: 8062) | President | Sep 2017–Jan 2018 | Led online/offline payment solutions provider |
| LeEco Group / LeEco APAC | Group Chief Marketing Officer; CEO APAC | 2013–2017 | Ran APAC operations; global marketing leadership |
| Meizu Technology Co., Ltd. | Global VP Sales & Marketing | 2010–2013 | Drove global sales and marketing for smartphone OEM |
Fixed Compensation
Multi-period compensation as disclosed for fiscal years 2023–2024. Note: amounts presented exactly as shown in proxy tables.
| Metric | 2023 | 2024 (Entry A) | 2024 (Entry B) |
|---|---|---|---|
| Base Salary ($) | 433,250 | 124,679 | 158,307 |
| Bonus ($) | 5,000 | 126,667 | — |
| Stock Awards ($) | — | 8,175 | 31,965 |
| All Other Compensation ($) | — | 10,350 | — |
| Total ($) | 438,250 | 269,871 | 190,272 |
Compensation mechanics and salary actions:
- Offer letter (Oct 10, 2018) set annual base salary at $500,000 and target bonus at $300,000 .
- Company-wide cost actions reduced executive base pay to $66,000 in Jan 2024, with Mok restored to $150,000 in May 2024 .
Performance Compensation
- Discretionary annual performance bonus target: $300,000; actual bonus paid in 2024: $126,667 .
- RSUs: 31,965 RSUs granted in late 2024; fully vested on December 3, 2024 .
- Options: Time-based vesting (no disclosed performance metric linkage). See vesting schedules in Outstanding Equity Awards table below .
- No PSUs or specific pay-for-performance metrics (revenue, EBITDA, TSR, ESG) disclosed for Mok in 2024 .
| Incentive Type | Metric | Weighting | Target | Actual/Payout | Vesting Details |
|---|---|---|---|---|---|
| Annual Bonus | Discretionary performance | Not disclosed | $300,000 | $126,667 (2024) | Annual, discretionary |
| RSUs (time-based) | N/A | N/A | Grant of 31,965 RSUs (late 2024) | Fully vested 12/3/2024 | Single-date vest on 12/3/2024 |
| Stock Options (time-based) | N/A | N/A | See grants below | N/A | See schedules below |
Equity Ownership & Alignment
- Beneficial ownership: 18,484 shares of Class A Common Stock; less than 1% ownership .
- Options reportable within 60 days of Aug 6, 2025: includes 120 shares; to the Company’s knowledge, Mok has not sold any shares since becoming public .
- Stock ownership guidelines: Executives must hold shares equal to 2x base salary; retain 50% of net shares until compliant; all covered executives/directors are either compliant or within the five-year phase-in .
- Hedging/pledging prohibition: Company policy prohibits short sales, margin accounts, pledging, derivatives, and hedging of company securities .
| Ownership Detail | Amount | As-of | Notes |
|---|---|---|---|
| Beneficially owned shares | 18,484 | Aug 6, 2025 | <1% of Class A |
| Options exercisable (2019 grant) | 87 | Dec 31, 2024 | $24,480 strike; expires 5/30/2029 |
| Options unexercisable (2019 grant) | 5 | Dec 31, 2024 | Vest monthly through 5/8/2025; plus 2 shares vest 2/26/2026 |
| Options exercisable (2020 grant) | 25 | Dec 31, 2024 | $23,099.79 strike; expires 7/26/2030 |
| Options unexercisable (2020 grant) | 2 | Dec 31, 2024 | Vest as above; 2 shares vest 2/26/2026 |
| Options exercisable (2022 grant) | 3 | Dec 31, 2024 | $8,544 strike; expires 11/23/2032 |
| Unvested RSUs (year-end 2024) | — | Dec 31, 2024 | No unvested RSUs reported |
| Insider selling | None disclosed | Through Aug 6, 2025 | Company states Mok has not sold |
Analysis of selling pressure:
- With Nasdaq closing price at $2.35 on Aug 7, 2025 and option strikes at $8,544, $23,099.79, and $24,480, Mok’s options appear out-of-the-money, reducing near-term exercise/sell pressure from options .
Employment Terms
| Term | Detail |
|---|---|
| Employment agreement | Offer letter dated Oct 10, 2018 as Global UP2U EVP |
| Base salary (agreement) | $500,000 |
| Signing/retention bonus | $1,000,000, vesting over 60 months through Oct 2023 |
| Annual bonus target | $300,000, discretionary |
| FF Global equity award | 10,000 equity units of FF Global granted June 25, 2019 at $0.5 per unit; 10-year term; fully vested; forfeiture if installment purchase price not paid |
| Clawback | Awards under 2021 Plan subject to clawback/recoupment per policy and applicable law |
| Change-of-control (equity) | Board may accelerate vesting/exercisability of options/RSUs/awards; performance measures may be deemed satisfied at target/max; substitution or cash-out permitted |
| Hedging/pledging | Prohibited for directors/officers/employees |
| Ownership guidelines | 2x salary for executives; retain 50% of net shares until compliant; all covered either compliant or within phase-in |
Board Governance
- Board service: Director since Jan 25, 2023; age 50 .
- Committee roles: Member, Finance & Investment Committee; Committee met 28 times in 2024; chaired by Jie Sheng .
- Independence: Board has determined only Chen, Sheng, and Peker are independent; Mok is an executive/director, thus not independent .
- Attendance: All directors attended ≥75% of Board and committee meetings during their service; Board held 19 meetings in 2024 .
- Board leadership structure: Independent director meetings held; Lead Independent Director framework described; FF Top has nomination rights and Mok is designated as FF Top designee, signaling potential dual-role influence considerations .
Director compensation:
- Mok did not receive additional compensation for Board service in 2024 (served as director and employee) .
Investment Implications
- Pay-for-performance alignment: Mok’s 2024 equity was primarily time-based RSUs that fully vested in one day (Dec 3, 2024), indicating limited ongoing performance linkage; annual bonus is discretionary with a $300,000 target and $126,667 paid in 2024, suggesting subjective rather than metric-driven payouts .
- Selling pressure: Beneficial ownership is modest (18,484 shares) and the company states he has not sold since public listing; option strikes ($8,544, $23,099.79, $24,480) vs $2.35 market price indicate options are out-of-the-money, lowering near-term exercise/sale risk .
- Retention risk: Long tenure and recent elevation to Head of UAE suggest continuity; employment economics include historical $500k base, $1.0M retention bonus vested by Oct 2023, and ongoing discretionary bonus potential; 2023–2024 salary reductions and restorations reflect broader cost actions, not individualized retention bonuses, which may moderate lock-in .
- Governance/independence: Dual role as executive and director, and designation by FF Top, implies non-independence; committee participation on Finance & Investment centralizes capital decisions—investors should monitor for potential conflicts or concentration of influence, though independent director structures and prohibitions on hedging/pledging are in place .