---
schema_version: "secwatch.filing_event.v1"
accession: "0001647639-26-000048"
form_type: "8-K"
ticker: "UPST"
cik: "0001647639"
company_name: "Upstart Holdings, Inc."
filed_at: "2026-05-19T13:00:15+00:00"
generated_at: "2026-05-19T13:05:41.867189+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001647639-26-000048
- form_type: 8-K
- ticker: UPST
- cik: 0001647639
- company_name: Upstart Holdings, Inc.
- filed_at: 2026-05-19T13:00:15+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1647639/000164763926000048/0001647639-26-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1647639/000164763926000048/upst-20260519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001647639-26-000048
- JSON: https://secwatch.observer/filing/0001647639-26-000048.json
- Plain text: https://secwatch.observer/filing/0001647639-26-000048.txt

## Key facts
- Executive change
  Tim Wennes was elected as Class I director at Upstart Holdings, Inc..
  - Action: elected
  - Role: Class I director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1647639/000164763926000048/0001647639-26-000048-index.htm
- Executive change
  Jeff Huber resigned as Director at Upstart Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1647639/000164763926000048/0001647639-26-000048-index.htm

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