Faraday Future chooses former Blue Oval exec as VP of finance


A start-up in the electric-vehicle space is gaining momentum with the appointment of a former high-level Blue Oval executive.

Faraday Future (FF) — which dubs itself as wanting to bring premium, intuitive and seamlessly connected electric vehicles to people worldwide — announced on Thursday that Michael Agosta has been appointed the position of vice president of finance in North America

Agosta is the former chief financial officer of Ford Motor Co. Middle East and Africa, where he was based in Dubai. Among his more than two decades of global executive career experience in finance and accounting, Agosta has served in additional roles as a regional controller in accounting, purchasing, product development, and the marketing and sales areas focused in the automotive Industry.

Effective immediately, the company indicated Agosta will lead accounting, finance and internal controls at FF, in addition to the financial management team to coordinate daily finance-related functions.

“It’s a great opportunity to join FF at this exciting time and lead its finance organization,” Agosta said. “What I’ve seen at FF really amazed me – especially the significant efforts that everyone has put in building a clean, intelligent, connected and shared future mobility solution. 2018 is going to be an exceptional year for FF to deliver its first FF 91 to the market, and I will lead my team to make sure we are ready for this goal and beyond.”

Agosta, prior to working in the automotive industry, was a senior manager at Ernst and Young Consulting and manager at Arthur Andersen Consulting, where he provided financial services support in the industrial manufacturing sector.

Michael Agosta

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