Energous appoints Cesar Johnston as permanent CEO effective Dec 6, 2021

Energous Corp

Cesar Johnston appointed CEO effective Dec 6, 2021; was acting CEO since July 23, 2021.
Base salary $400k; eligible for discretionary annual bonus up to 100% of salary beginning 2022.
Sign-on bonus $120k in two installments; RSU grant of 150k shares; option to buy 300k shares.
Performance share units of up to 287k; additional 25k per year for outperformance 2022-2024.
Press release cites recent regulatory approvals for WattUp in Asia, U.S. FCC (10W up to 1m), and Europe.

item 5.02 item 9.01

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Appointed

Cesar Johnston

Chief Executive Officer

WATT · Energous Corp

Effective: 2021-12-06
Filed: December 9, 2021, 6:59 PM ET

Cesar Johnston has been appointed as the Company’s Chief Executive Officer, effective as of December 6, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Cesar Johnston was appointed as Chief Executive Officer at Energous Corp.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Cesar Johnston has been appointed as the Company’s Chief Executive Officer, effective as of December 6, 2021.

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Energous Corp filing history →

Source: SEC EDGAR

accession 0001193125-21-352765

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