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SEC filingFermi Inc. appointed four key officers—CFO, COO, CCO, and General Counsel—with substantial equity and cash compensation, signaling a major executive team overhaul.
Fermi Inc. announced a comprehensive executive team refresh on July 20, 2026, appointing four officers effective July 22. Rob Masson was named Chief Financial Officer with a $650,000 base salary and a 975,000 RSU sign-on award cliff vesting after one year, reflecting the company's need for seasoned financial leadership. Anna Bofa became Chief Commercial Officer with a compensation package heavily weighted toward performance-based equity tied to lease execution: up to 3,000,000 RSUs in Deal 1 and Deal 2 awards, plus incremental awards of 1,000 RSUs per MW contracted. Her sign-on award of 2,000,000 RSUs vests over three years but is subject to clawback if terminated within the first year. Jacobo Ortiz was appointed COO with a $3,000,000 LTIP target, and George Wentz as General Counsel received 1,500,000 immediately vesting RSUs. All officers have five-year employment agreements, 100% target bonuses (maximum 200%), and severance of 18 months' base salary plus 1.5x target bonus. The appointments signal a strategic ramp-up in commercial and operational execution, likely tied to Fermi's data center and power generation initiatives.