Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective August 26, 2021, the board of directors (the "Board") of Tech & Energy
Transition Corporation (the "Company") appointed Andrew Ancone as Chief
Financial Officer of the Company. Mr. Ancone replaced Stephan Feilhauer as Chief
Financial Officer. Mr. Feilhauer resigned as Chief Financial Officer on August
26, 2021 in order to pursue other endeavors. Mr. Feilhauer's resignation did not
result from any disagreement with the Company concerning any matter relating to
the Company's operations, policies or practices.
Mr. Ancone, 53, is a Managing Director in the Infrastructure and Energy Group at
the Macquarie Capital division ("Macquarie Capital") of Macquarie Group Limited
(ASX:MQG) ("Macquarie Group"), where he leads the origination and execution of
development, investment and financial advisory assignments in North American
infrastructure. Prior to joining Macquarie Capital, Mr. Ancone was a Managing
Director in the Corporate and Structured Finance Group of Macquarie Group in
Hong Kong, Malaysia and Singapore. He has over 25 years of experience in
investment banking and private equity specializing in infrastructure, having
also worked at ANZ Banking Group Limited. Mr. Ancone's sector expertise includes
transport, telecommunications, energy and utilities. During his career, Mr.
Ancone has participated in more than $20 billion of completed transactions
spanning Australia, Asia, Canada and the United States. Mr. Ancone holds a
Bachelor's Degree in Economics and Computer Science from the Flinders University
of South Australia.
The Company's sponsor is controlled by MIHI LLC, a wholly owned subsidiary of
Macquarie Group, and a part of Macquarie Capital. Macquarie Capital is the
corporate advisory, capital markets and principal investment arm of Macquarie
Group. The appointment of Mr. Ancone to serve as the Chief Financial Officer of
the Company was not made pursuant to any arrangement or understanding with
respect to any other person. In addition, there are no family relationships
between Mr. Ancone and any director, executive officer, or person nominated or
chosen by the Company to become an executive officer of the Company. There are
no transactions between the Company and Mr. Ancone that are subject to
disclosure under Item 404(a) of Regulation S-K.
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