Rick Wilmer

President and CEO at ChargePoint Holdings Inc

Since November 16, 2023

Age

62 years

Education

Holds a Bachelor of Science in Chemistry from the University of California, Berkeley.

Tenure

Joined CHPT in July 2022 as Chief Customer and Operations Officer, was promoted to Chief Operating Officer in December 2022, and then appointed President and CEO on November 16, 2023.

Also at ChargePoint Holdings Inc

Ash Chowdappa

Chief Development Officer for Software

Jagdeep Singh

Chief Customer Experience Officer (CCXO)

Mansi Khetani

Chief Financial Officer (CFO)

About

Rick Wilmer brings over 30 years of experience in global technology, operations, and customer support, having worked across North America, Europe, and Asia. His career is marked by leadership roles that emphasized operational excellence and strategic planning, enabling him to drive efficiencies in manufacturing, supply chain management, and customer experience.

Prior to his time at CHPT, he served as CEO at several technology companies, including a prominent role at Chowbotics, where he led the company through significant transitions. His work in integrating innovative technology solutions at companies like DoorDash and Mojo Networks highlights his ability to adapt and lead in rapidly changing environments.

At CHPT, his impact includes a comprehensive evaluation of the company's supply chain and manufacturing partnerships, as well as orchestrating a strategic reorganization aimed at improving long-term sustainability. His initiatives, such as a workforce reduction intended to save approximately $33 million annually and a focus on achieving positive non-GAAP adjusted EBITDA, underscore a commitment to driving operational efficiency and growth.

$CHPT Performance Under Rick Wilmer

Past Roles

Organization	Role	Date Range	Details
ChargePoint (CHPT)	Chief Operating Officer	December 2022 – November 2023	Held role before promotion to President and CEO
ChargePoint (CHPT)	Chief Customer and Operations Officer	July 2022 – December 2022	Held role prior to appointment as President and CEO
DoorDash, Inc.	Head of Chowbotics	February 2021 – July 2022	Led the Chowbotics division
Chowbotics, Inc.	Chief Executive Officer	September 2019 – February 2021	Oversaw fresh food robot manufacturing
Arista Networks, Inc.	General Manager of Wi-Fi business	August 2018 – September 2019	Post-acquisition role following Mojo Networks
Mojo Networks, Inc.	Chief Executive Officer	December 2014 – August 2018	Led cloud-managed wireless networking solutions

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$625,000	Annually	Annual salary as CEO starting November 2023.
Non-Change in Control Termination	$644,795	One-time Severance	Cash severance payment without change in control conditions.
Change in Control Termination	$3,971,947	One-time Severance	Includes $1,904,692 cash severance and $2,067,255 equity acceleration upon change in control.

Performance Compensation

Data from FY 2024

Performance-Based Restricted Stock Units (PRSUs)

Metric/Detail	Value
Grant Date	December 1, 2023
Grant Date Fair Value	$1,359,552
Grant Date Stock Price	$2.02 per share
Performance Metric	Stock price appreciation targets
Targets	$5.00, $7.50, $10.00, $12.50 per share
Measurement Period	90 consecutive trading days within a five-year period
Vesting Schedule	Service-based quarterly vesting on March 20, June 20, September 20, and December 20
Additional Details	First target represents nearly a 250% increase over the grant date price; extended measurement period after stockholder feedback.

2024 Bonus Program

Metric/Detail	Value
Metrics	Annual Revenue and Adjusted EBITDA (each weighted 50%)
Thresholds for Bonus Eligibility	90% of annual revenue and 95% of adjusted EBITDA targets
Bonus Target	100% of base salary ($625,000)
Maximum Payout	150% of the target bonus if exceeding goals (110% revenue & 120% adjusted EBITDA)
Actual Payout	0% payout due to failure to meet minimum thresholds
Payment Form	Fully vested shares of ChargePoint common stock
Evaluation Period	2024 performance year
Additional Details	Linear interpolation used for performance between minimum and maximum goals; no vesting schedule applicable as no bonus was earned.