QuantumScape appoints Dennis Segers as Chairman, adds VW battery head to board; Singh retires Dec 31

QuantumScape Corp

Dennis Segers appointed to Board as Chairman effective Jan 1, 2025, succeeding retiring founder Jagdeep Singh.
Dr. Günther Mendl, Volkswagen battery head, appointed to Board under VW designation, replacing Frank Blome.
Jagdeep Singh to retire from Board on Dec 31, 2024; his outstanding equity awards will terminate on that date.
Segers receives $80k annual cash retainer and initial RSU grant of 56,537 units vesting quarterly over 3 years.
Mendl waives all director compensation; no committee appointments yet for either new director.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jagdeep Singh

Chairman of the Board

QS · QuantumScape Corp

Successor: Dennis Segers
Filed: October 23, 2024, 7:59 PM ET

Mr. Segers was also appointed to serve as the Chairman of the Board, effective January 1, 2025, filling the vacancy created following Jagdeep Singh’s retirement from this role.

Appointed

Dr. Günther Mendl

Director

QS · QuantumScape Corp

Effective: 2024-10-17
Successor: Frank Blome
Filed: October 23, 2024, 7:59 PM ET

Dr. Mendl was appointed to the Board upon designation by Volkswagen Group of America Investments, LLC pursuant to the amended and restated letter agreement entered into with the Company on July 5, 2024, occupying one of the two Board seats designated to representatives of the Volkswagen Group and succeeding Frank Blome who resigned from the Board in July 2024.

Appointed

Dennis Segers

Chairman of the Board

QS · QuantumScape Corp

Effective: 2025-01-01
Successor: Jagdeep Singh
Filed: October 23, 2024, 7:59 PM ET

Mr. Segers was also appointed to serve as the Chairman of the Board, effective January 1, 2025, filling the vacancy created following Jagdeep Singh’s retirement from this role.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.85

Jagdeep Singh retired as Chairman of the Board at QuantumScape Corp.

Action: retired
Role: Chairman of the Board

Exact text from the filing

Mr. Segers was also appointed to serve as the Chairman of the Board, effective January 1, 2025, filling the vacancy created following Jagdeep Singh’s retirement from this role.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. Günther Mendl was appointed as Director at QuantumScape Corp.

Action: appointed
Role: Director

Exact text from the filing

Dr. Mendl was appointed to the Board upon designation by Volkswagen Group of America Investments, LLC pursuant to the amended and restated letter agreement entered into with the Company on July 5, 2024, occupying one of the two Board seats designated to representatives of the Volkswagen Group and succeeding Frank Blome who resigned from the Board in July 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dennis Segers was appointed as Chairman of the Board at QuantumScape Corp.

Action: appointed
Role: Chairman of the Board

Exact text from the filing

Mr. Segers was also appointed to serve as the Chairman of the Board, effective January 1, 2025, filling the vacancy created following Jagdeep Singh’s retirement from this role.

View on SEC.gov

QuantumScape Corp filing history →

Source: SEC EDGAR

accession 0000950170-24-116716

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