Microvast Holdings (MVST) executive compensation, 2026 proxy

Yang Wu, Chairman and Chief Executive Officer, was paid $3.8M in 2025, up 231% from $1.1M the year before.

Filed
October 9, 2026
Annual meeting
November 30, 2026
Pay year
2025
Named executives
7
CEO total pay
$3.8M+231% vs prior year
CEO pay in equity
82%$3.1M in awards
CEO target bonus
85%Of base salary
Tushe target bonus
50%Of base salary
Shengxian Wu target bonus
50%Of base salary
CEO stock awards
$3,099,9982025 grant-date fair value
Schultz option awards
$1,071,0002025 grant-date fair value
Khanbabi severance
$200,000Cash severance

How Wu was paid

$3.8M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary15%Stock awards82%Non-equity incentive3%

Named executive officers

ExecutiveTotal
Yang WuChairman and Chief Executive Officer$3,775,310
Rodney WorthenChief Financial Officer$269,677
Isida TushePresident, General Counsel and Company Secretary$1,211,508
Dr. Shengxian WuChief Operating Officer$1,156,340
Dr. Wenjuan MattisChief Technology Officer$984,340
Carl T. SchultzFormer Chief Financial Officer$1,559,568
Fariyal KhanbabiFormer Chief Financial Officer$318,113

What changed and why

  • $3.8M$3,775,310 was CEO total compensation in 2025 versus $1,141,226 in 2024.
  • $3.1M$3,099,998 of the CEO’s 2025 compensation consisted of stock awards.
  • 85%85% of base salary was Yang Wu’s 2025 short-term incentive target.
  • 50%50% of base salary was the 2025 incentive target for Isida Tushe and Dr. Shengxian Wu.
  • $1.1M$1,071,000 was the grant-date fair value of Carl Schultz’s 2025 option award.
  • $200K$200,000 of Fariyal Khanbabi’s compensation represented cash severance.

Other Microvast Holdings proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.