---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-055200"
form_type: "8-K"
ticker: "HYLN"
cik: "0001759631"
company_name: "Hyliion Holdings Corp."
filed_at: "2022-09-12T23:59:59+00:00"
generated_at: "2026-06-23T11:12:51.558593+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hyliion appoints Jon Panzer as CFO, Sherri Baker departs

## Summary
- Jon Panzer appointed CFO effective September 12, 2022; previously SVP Intermodal Operations at Union Pacific.
- Panzer receives $450k base salary, $350k cash sign-on, $300k stock award, and annual incentive target of 75% of base.
- Sherri Baker departed as CFO on September 8, 2022; departure is not due to any disagreement with the company.
- Panzer will also receive performance-based RSUs of 200,000 shares and time-vested RSUs valued at $600,000, prorated for 2022.

## SEC filing metadata
- accession: 0001213900-22-055200
- form_type: 8-K
- ticker: HYLN
- cik: 0001759631
- company_name: Hyliion Holdings Corp.
- filed_at: 2022-09-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759631/000121390022055200/0001213900-22-055200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759631/000121390022055200/ea165627-8k_hyliionhold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-055200
- JSON: https://secwatch.observer/filing/0001213900-22-055200.json
- Plain text: https://secwatch.observer/filing/0001213900-22-055200.txt

## Key facts
- Executive change
  Jon Panzer was appointed as Chief Financial Officer at Hyliion Holdings Corp..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: approved the hiring and appointment of Jon Panzer as Chief Financial Officer of the Company, effective on September 12, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759631/000121390022055200/0001213900-22-055200-index.htm
- Executive change
  Sherri Baker departed as Chief Financial Officer at Hyliion Holdings Corp..
  - Action: departed
  - Role: Chief Financial Officer
  source text: Ms. Sherri Baker departed from her role as Chief Financial Officer, effective September 8, 2022. Ms. Baker’s departure is not a result of any disagreement with the Company or its Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759631/000121390022055200/0001213900-22-055200-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.