Upstart appoints former Santander US CEO Tim Wennes to board; Jeff Huber resigns

Upstart Holdings, Inc.

Tim Wennes elected to Upstart board as Class I director, effective May 28, 2026.
Wennes was President and CEO of Santander Holdings USA (2019-2025), overseeing $200B+ assets.
He brings 35+ years of financial services experience, including at MUFG Union Bank and Countrywide Bank.
Jeff Huber resigns from board effective May 28, 2026, not due to any disagreement with Upstart.
Huber served for five years; no committee replacement for his Nominating and Corporate Governance role.

item 5.02 item 9.01

Executive movements

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Appointed

Tim Wennes

Class I director

UPST · Upstart Holdings, Inc.

Effective: 2026-05-28
Filed: May 19, 2026, 9:00 AM ET

On May 19, 2026, Upstart Holdings, Inc. (“Upstart” or the “Company”) announced that its Board of Directors (the “Board”) elected Tim Wennes to serve as a Class I director on the Board, effective as of May 28, 2026.

Departed

Jeff Huber

Director

UPST · Upstart Holdings, Inc.

Effective: 2026-05-28
Filed: May 19, 2026, 9:00 AM ET

On May 19 , 2026, Jeff Huber informed the Company that he will resign from the Board and the Nominating and Corporate Governance Committee of the Board, effective as of May 28, 2026.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Tim Wennes was elected as Class I director at Upstart Holdings, Inc..

Action: elected
Role: Class I director

Exact text from the filing

On May 19, 2026, Upstart Holdings, Inc. (“Upstart” or the “Company”) announced that its Board of Directors (the “Board”) elected Tim Wennes to serve as a Class I director on the Board, effective as of May 28, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeff Huber resigned as Director at Upstart Holdings, Inc..

Action: resigned
Role: Director

Exact text from the filing

On May 19 , 2026, Jeff Huber informed the Company that he will resign from the Board and the Nominating and Corporate Governance Committee of the Board, effective as of May 28, 2026.

View on SEC.gov

Upstart Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001647639-26-000048

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