QuantumScape Corp CEO Jagdeep Singh's 2020 pay jumps 6,093% to $17M
QuantumScape Corp reports 2020 executive compensation
By ExecPay News
Published: November 8, 2021
QuantumScape Corp reported fiscal year 2020 executive compensation information on November 8, 2021.
In 2020, five executives at QuantumScape Corp received on average a compensation package of $5.6M, a 604% increase compared to previous year.
Average pay of disclosed executives at QuantumScape Corp
Jagdeep Singh, Chief Executive Officer, received $17M in total, which increased by 6,093% compared to 2019. 98% of Singh's compensation, or $17M, was in stock awards. Singh also received $277K in salary and $55K in other compensation.
Kevin Hettrich, Chief Financial Officer, received a compensation package of $3.7M, which increased by 318% compared to previous year. 90% of the compensation package, or $3.3M, was in stock awards.
Michael McCarthy, Chief Legal Officer, earned $2.9M in 2020, a 134% increase compared to previous year.
Mohit Singh, Chief Development Officer, received $2.1M in 2020, which increases by 68% compared to 2019.
Tim Holme, Chief Technology Officer, earned $2M in 2020, a 633% increase compared to previous year.
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Source: SEC filing on November 8, 2021.