---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-017067"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2025-04-08T23:59:59+00:00"
generated_at: "2026-05-23T19:09:14.313510+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CFO Kanwardev Raja Singh Bal resigns; CEO McClymont to serve as interim principal financial officer

## Summary
- CFO Bal will remain until May 13, 2025, to assist with Q1 10-Q filing.
- CEO Donald McClymont assumes principal financial and accounting officer duties during CFO search.
- Severance: $586,500 lump sum (salary + target bonus), 12 months COBRA, 6-month equity acceleration.
- Departure is not due to any dispute with the company or its auditors.

## SEC filing metadata
- accession: 0001628280-25-017067
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2025-04-08T23:59:59+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/1841925/000162828025017067/0001628280-25-017067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000162828025017067/indi-20250404.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-017067
- JSON: https://secwatch.observer/filing/0001628280-25-017067.json
- Plain text: https://secwatch.observer/filing/0001628280-25-017067.txt

## Key facts
- Executive change
  Donald McClymont changed role as Principal Financial Officer and Principal Accounting Officer at indie Semiconductor, Inc..
  - Action: assumed duties
  - Role: Principal Financial Officer and Principal Accounting Officer
  source text: Following Mr. Bal’s departure, the Company’s Chief Executive Officer, Donald McClymont, will assume the duties of principal financial officer and principal accounting officer while the Company conducts a search for a new Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828025017067/0001628280-25-017067-index.htm
- Executive change
  Kanwardev Raja Singh Bal resigned as Chief Financial Officer, Executive Vice President and Chief Accounting Officer at indie Semiconductor, Inc..
  - Action: resigned
  - Role: Chief Financial Officer, Executive Vice President and Chief Accounting Officer
  source text: On April 4, 2025, Kanwardev Raja Singh Bal notified indie Semiconductor, Inc. (the “Company”) of his resignation as Chief Financial Officer, Executive Vice President and Chief Accounting Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828025017067/0001628280-25-017067-index.htm

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