Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) Appointment of new Principal Operating Officer
OnJanuary 8, 2023 ,Hyzon Motors Inc. (the "Company") announced the appointment ofJohn Edgley as President of International Operations. In his new role,Mr. Edgley will be responsible for product development, strategy, operations, and vehicle production for the Company's European, Australian, andNew Zealand markets.Mr. Edgley's annual base salary will beAustralian dollars 555,000 (approximately$382,000 in USD). He will also be entitled to an annual bonus which will depend on attainment of certain company and personal key performance indicators.Mr. Edgley , age 53, has served as Managing Director of the Company's wholly owned subsidiary,Hyzon Motors Australia Pty Ltd. ("Hyzon Australia") sinceJuly 2021 , where he will continue in this role in addition to his new responsibilities. Prior to joining Hyzon Australia,Mr. Edgley served as Chief Investment Officer forSHL Holdings in the firm'sMelbourne, Australia offices fromDecember 2019 toJuly 2021 , focusing on various large infrastructure projects. Prior to this role,Mr. Edgley served for over a decade as an independent strategic advisor in private equity. The foregoing summary of the terms and conditions of the Mr. Edgley's appointment and responsibilities do not purport to be complete, and they are qualified in their entirety by reference to the complete text of his employment agreement as modified by that certain letter agreement, copies of which are filed as Exhibit 10.1 hereto and is incorporated herein by reference.
Item 7.01 Regulation FD Disclosure
OnJanuary 11, 2023 , the Company issued a press release announcing the appointment of a new Principal Operating Officer. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference in this Item 7.01. The information contained in this Item 7.01, including in Exhibit 99.1 attached hereto, is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended, except to the extent such other filing specifically incorporates such information by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. Exhibit Number Description 10.1 Employment Agreement dated July 1, 2021, together with Letter Agreement dated January 8, 2023. Press Release, dated January 1 1 , 2023, issued by the 99.1 company. 104 Cover Page Interactive Data File
(formatted as inline XBRL and
contained in Exhibit 101)
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