secwatch.observer — SEC 8-K summary
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Issuer:     QuantumScape Corp (QS)
CIK:        0001811414
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0000950170-24-116716
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811414/000095017024116716/0000950170-24-116716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811414/000095017024116716/qs-20241017.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-116716

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