Energy Vault CFO departs; David Hitchcock appointed interim CFO effective April 18

Energy Vault Holdings, Inc.

Andrea Wuttke separated as CFO effective April 15, 2022; advisory role through May 15, 2022.
David Hitchcock (age 61) named interim CFO; previously EVP & CFO of Syniverse Technologies and SVP at Lucent Bell Labs.
Hitchcock receives $375k base salary, up to 100% annual bonus target, and proposed RSU award of 375,000 shares vesting over 3 years.
Transition agreement provides Wuttke $142,500 paid over six months, continued vesting, and COBRA reimbursement through Jan 2023.

item 5.02

Executive movements

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Appointed (interim)

David Hitchcock

interim Chief Financial Officer

NRGV · Energy Vault Holdings, Inc.

Effective: 2022-04-18
Filed: April 20, 2022, 7:59 PM ET

it had appointed David Hitchcock as its interim Chief Financial Officer, effective April 18, 2022

Departed

Andrea Wuttke

Chief Financial Officer

NRGV · Energy Vault Holdings, Inc.

Effective: 2022-04-15
Successor: David Hitchcock
Filed: April 20, 2022, 7:59 PM ET

it was separating from Andrea Wuttke, its Chief Financial Officer, effective as of April 15, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Hitchcock was appointed as interim Chief Financial Officer at Energy Vault Holdings, Inc..

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

it had appointed David Hitchcock as its interim Chief Financial Officer, effective April 18, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrea Wuttke departed as Chief Financial Officer at Energy Vault Holdings, Inc..

Action: separated
Role: Chief Financial Officer

Exact text from the filing

it was separating from Andrea Wuttke, its Chief Financial Officer, effective as of April 15, 2022

View on SEC.gov

Energy Vault Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-047877

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