Amiri will be based in Sunnyvale, California, in the heart of Silicon Valley, and will help lead Quanergy’s efforts to build on its strong operational foundation to drive growth and further enhance Quanergy’s global market position. Amiri’s experience of driving operational efficiencies and optimization at other companies will further accelerate Quanergy’s growth and global impact.

Amiri brings senior level operational leadership and deep semiconductor and optical experience. Most recently, Amiri was VP, Operations at Crocus Technology, a fabless semiconductor startup that develops and supplies magnetic sensors and embedded memory solutions. Amiri’s charter will be to optimize Quanergy’s operational execution while laying the foundations for a high scale semiconductor-centric manufacturing strategy.

“Kevin Amiri is a proven manufacturing leader, who brings a unique combination of strategic thought leadership and deep knowledge of semiconductors,” said Dr. Kevin Kennedy, CEO of Quanergy Systems. “I look forward to partnering with him, as we continue to execute our strategy to make our LiDAR solutions broadly available to the fast growing IoT and automotive markets.”

Amiri will report to Kennedy and oversee Quanergy’s global operations organization, including IT, facilities, procurement, R&D support, NPI pilot build, supply chain and supplier management, quality, certifications and demand systems planning.

“I am excited to join Quanergy, a company that I’ve admired with a long history of innovation and technology leadership,” said Amiri. “Quanergy’s rich product capabilities, manufacturing and experienced leadership positions the company to capitalize on the demand for LiDAR solutions across the globe.”

In June 2021, Quanergy entered into a definitive merger agreement with CITIC Capital Acquisition Corp. (NYSE: CCAC) (“CCAC”). Upon closing of the transaction, the combined company will be named Quanergy Systems, Inc. and is expected to be listed on the New York Stock Exchange (NYSE) under the ticker symbol “QNGY.” The transaction is expected to close in the first quarter of 2022, subject to satisfaction of customary closing conditions.