QuantumScape Corp QS roped in Dr. Siva Sivaram, President of Western Digital Corp WDC and a semiconductor and data storage industry veteran, to the newly created role of President.
Dr. Sivaram will head QuantumScape's technology and manufacturing groups as the company transitions from R&D to production.
QuantumScape's former vice president of manufacturing, Clayton Patch, left the company in March.
Patch Celina Mikolajczak, the Panasonic Holdings Corp PCRFY veteran who oversaw manufacturing at QuantumScape for a little over a year, Bloomberg reports.
Last week, QuantumScape announced it shipped updated prototype unit cells to automotive customers, locked in on the ~5 amp-hour QSE-5 cell as its target first commercial product, revealed it was working with a prospective launch customer on QSE-5, and completed equipment installation for its new fast separator production process.
Dr. Sivaram said: "The combination of QuantumScape's disruptive technology, world-class team, and the massive market for next-gen batteries makes this a once-in-a-lifetime opportunity.
Most recently, Dr. Sivaram has served as the President of Technology and Strategy at Western Digital, a leader in the data storage sector, where he led corporate strategy and technology.
Price Action: QS shares traded lower by 1.43% at $13.13 on the last check Tuesday.
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