Rocket Lab appoints Frank Klein as COO to scale manufacturing; backlog over $1B

Rocket Lab Corp

Frank Klein, former Rivian and Magna Steyr COO, named COO effective Sept 16, 2024.
He will lead scaling of spacecraft, launch vehicles, and components to meet $1B+ backlog.
Compensation: $400K base salary, up to 70% bonus, 1.3M RSUs vesting over 4 years, $100K sign-on.
Klein has 30+ years manufacturing experience; led operations at Daimler, Magna Steyr, and Rivian.
CEO Sir Peter Beck cites Klein's lean manufacturing expertise for growth and path to profitability.

item 5.02 item 7.01 item 9.01

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Appointed

Frank Klein

Chief Operations Officer

RKLB · Rocket Lab Corp

Effective: 2024-09-16
Filed: September 10, 2024, 7:59 PM ET

On September 6, 2024, Rocket Lab USA, Inc. (the “Company”) appointed Frank Klein as Chief Operations Officer, effective on September 16, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Frank Klein was appointed as Chief Operations Officer at Rocket Lab Corp.

Action: appointed
Role: Chief Operations Officer

Exact text from the filing

On September 6, 2024, Rocket Lab USA, Inc. (the “Company”) appointed Frank Klein as Chief Operations Officer, effective on September 16, 2024.

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Source: SEC EDGAR

accession 0000950170-24-104916

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