---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-015280"
form_type: "8-K"
ticker: "QS"
cik: "0001811414"
company_name: "QuantumScape Corp"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:33:32.881570+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# QuantumScape appoints Siva Sivaram as CEO; Jagdeep Singh remains Chairman

## Summary
- Dr. Siva Sivaram becomes CEO effective Feb 15, 2024; joined as President in Sept 2023.
- Jagdeep Singh steps down as CEO but continues as Chairman of the Board.
- Sivaram's compensation: $820K base salary, 125% target bonus, $17.2M RSU award (60% performance-based).
- Succession plan initiated by Singh and Board over a year ago; Singh's CEO stock options terminate.
- Sivaram's background: former President at Western Digital; experience scaling manufacturing.

## SEC filing metadata
- accession: 0000950170-24-015280
- form_type: 8-K
- ticker: QS
- cik: 0001811414
- company_name: QuantumScape Corp
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811414/000095017024015280/0000950170-24-015280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811414/000095017024015280/qs-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-015280
- JSON: https://secwatch.observer/filing/0000950170-24-015280.json
- Plain text: https://secwatch.observer/filing/0000950170-24-015280.txt

## Key facts
- Executive change
  Jagdeep Singh changed role as Chief Executive Officer at QuantumScape Corp.
  - Action: transitioned from Chief Executive Officer
  - Role: Chief Executive Officer
  source text: the Board accepted Jagdeep Singh’s request to transition from his role as CEO effective February 15, 2024, and also confirmed that Mr. Singh will be continuing in his capacity as Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811414/000095017024015280/0000950170-24-015280-index.htm
- Executive change
  Siva Sivaram was appointed as Director at QuantumScape Corp.
  - Action: appointed
  - Role: Director
  source text: appointed Dr. Siva Sivaram, as the Company`s Chief Executive Officer (“ CEO ”) and as a member of the Board, effective February 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811414/000095017024015280/0000950170-24-015280-index.htm
- Executive change
  Siva Sivaram was appointed as Chief Executive Officer at QuantumScape Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appointed Dr. Siva Sivaram, as the Company`s Chief Executive Officer (“ CEO ”) and as a member of the Board, effective February 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1811414/000095017024015280/0000950170-24-015280-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.