Microvast Holdings, Inc. Names Pat Schultz as Chief Financial Officer

Wednesday 9th of April 2025 21:00:00

Microvast Holdings, Inc. Appoints Pat Schultz as Chief Financial Officer

April 9, 2025 - Shanghai, China - Microvast Holdings, Inc. (NASDAQ: MVST), a leading provider of lithium-ion battery solutions, today announced that Pat Schultz has been appointed as its Chief Financial Officer, effective immediately.

Schultz brings over 20 years of experience in finance and accounting, with a strong background in the technology and automotive industries. Prior to joining Microvast, he served as the Chief Financial Officer of several publicly-traded companies, including a leading electric vehicle (EV) charging provider. In his most recent role, Schultz was instrumental in guiding the company's financial strategy and leading its IPO process.

"We are thrilled to welcome Pat to our team," said Bob Morton, CEO of Microvast. "His extensive experience in finance and accounting, combined with his deep understanding of the EV industry, make him an ideal fit for our company. We believe his expertise will be invaluable as we continue to grow and expand our business."

Schultz holds a Bachelor's degree in Accounting from the University of Illinois and a Master's degree in Business Administration from the University of Chicago. He is a certified public accountant (CPA) and a certified management accountant (CMA).

"I am excited to join the Microvast team and contribute to the company's mission to revolutionize the electric vehicle industry," said Schultz. "I look forward to working with the team to drive growth and profitability, and to help the company continue its rapid expansion."

About Microvast Holdings, Inc.

Microvast Holdings, Inc. is a leading provider of lithium-ion battery solutions for the electric vehicle (EV) industry. The company's mission is to accelerate the adoption of EVs by providing high-performance, cost-effective, and sustainable battery solutions. Headquartered in Shanghai, China, Microvast has operations in the United States, Europe, and Asia. For more information, please visit www.microvast.com.