secwatch.observer — SEC 8-K summary
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Issuer:     Energy Vault Holdings, Inc. (NRGV)
CIK:        0001828536
Form:       8-K
Filed at:   2022-04-20T23:59:59+00:00
Accession:  0001104659-22-047877
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828536/000110465922047877/0001104659-22-047877-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828536/000110465922047877/tm2213145d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-047877

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