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Get filing alertsSolid Power appoints BMW executive Uwe Breitweg to board, replacing retiring director
Filed July 2, 2026 · Period ending July 1, 2026 · ~1 min read
Key Changes
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BMW Holding exercised contractual nomination rights to appoint Uwe Breitweg, BMW Group VP of Powertrain and Battery Strategy, as Class III director effective July 1, 2026, replacing retiring director Rainer Feurer.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Breitweg deemed not independent under Nasdaq rules due to BMW's commercial relationship with Solid Power; will not serve on board committees and waived all director compensation.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
Solid Power executed a routine board succession within BMW's designated director seat. BMW Holding B.V., exercising nomination rights established in a 2021 agreement, appointed Uwe Breitweg to replace retiring director Rainer Feurer effective July 1, 2026.
Breitweg serves as BMW Group's Vice President of Powertrain, Emission and Battery Strategy, bringing over two decades of automotive and battery development experience. The appointment reflects the ongoing strategic partnership between Solid Power and BMW, one of the company's key development partners in solid-state battery technology.
Breitweg will serve until the 2027 annual meeting but is classified as non-independent due to the commercial relationship and will not participate in board committees. His decision to waive director compensation is consistent with his role as BMW's designated representative rather than an independent overseer. This is a standard succession with no governance implications for retail shareholders.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On July 1, 2026, the Board of Directors (the “Board”) of Solid Power, Inc. (the “Company”) appointed Uwe Breitweg to serve as a Class III director. Mr. Breitweg was nominated by BMW Holding B.V. (“BMW Holding”) pursuant to BMW Holding’s director nomination rights under that certain Board Nomination and Support Agreement, dated as of May 5, 2021, by and among the Company, BMW Holding and the stockholders party thereto, to succeed Rainer Feurer as BMW Holding’s nominee on the Board following Dr. Feurer’s previously reported retirement from the Board. Mr. Breitweg will serve until the Company’s 2027 annual meeting of stockholders and until his successor has been duly elected and qualified.
Solid Power appointed Uwe Breitweg as a Class III director effective July 1, 2026, to serve until the 2027 annual meeting. He was nominated by BMW Holding under contractual director nomination rights established in a 2021 Board Nomination and Support Agreement, replacing Rainer Feurer who retired from the Board. This is a routine succession within BMW's designated board seat.
Event · Item 7.01 — Regulation FD Disclosure
Solid Power announced the appointment of Mr. Breitweg to its Board of Directors, effective July 1, 2026.
Added in current filing · verify on EDGAR →
On July 1, 2026, the Company issued a press release announcing Mr. Breitweg’s appointment to the Board.
Solid Power disclosed the appointment of Mr. Breitweg to its Board of Directors.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Solid Power, Inc. (Nasdaq: SLDP), a leading U.S.-based developer of solid-state battery technology, today announced the appointment of Uwe Breitweg, Vice President Powertrain, Emission and Battery Strategy of the BMW Group, to its board of directors, effective July 1, 2026.
Solid Power appointed Uwe Breitweg, a BMW Group Vice President with over two decades of automotive leadership experience in battery strategy and powertrain development, to its board effective July 1, 2026. The appointment was made pursuant to BMW Holding B.V.'s director nomination rights, reflecting BMW's role as a strategic development partner.
Added in current filing · view on EDGAR →
I would also like to thank Dr. Feurer for his dedicated service and many contributions to Solid Power during his tenure on the board.
Dr. Feurer departed from Solid Power's board of directors, with CEO John Van Scoter thanking him for his service.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 3, 2026 · How we verify