Founder Li Shufu
still in background.
Western Chair,
Singapore CFO.
Lone Fønss Schrøder (former Volvo board chair) leads the board. CEO Ziyu Shen runs operations.
↓ scroll to read
✦ The bottom line
ECARX is run by CEO Ziyu Shen (longtime tech executive) and chaired by Lone Fønss Schrøder, a Danish executive with deep Volvo and global automotive board experience. New CFO Dylan D. Jeng is based out of the newly-operational Singapore office. Founder Eric Li (Li Shufu) — chairman of Geely — controls the company through related-party ownership.
↓ the brief below
The org · headcount
1,400+
employees
Approximately 1,400 employees across 13 international locations in Europe, the Americas, and Asia.
Source · 6-K · Q1 2026 release — About ECARX · Q1 2026 · Filed May 19, 2026
The governance moves are deliberately Western-facing. Splitting Chair and CEO mirrors US/EU best practices. Hiring a Singapore-based CFO signals we're not a captive Chinese supplier — we're a global tech company. Whether investors believe that signaling is a separate question.
Alignment · founder ownership lurking
ECARX's executive officers hold equity in the company, and founder Eric Li (Li Shufu) retains a controlling-level stake through related-party Geely ownership. The new governance separation between Chairperson and CEO is intended to provide independent board oversight despite that concentrated ownership.
↳ Li's ownership keeps ECARX strategically aligned with Geely's interests. The independent Chair is supposed to balance that. Investors should watch related-party transactions closely.
Source · 20-F · Item 7 — Related Party Transactions (per ECARX's FY2025 20-F) · Filed Mar 30, 2026
⚠
Watch
Western-facing governance moves are the right signals — but founder/Geely concentration remains the underlying reality.