Energy
Fermi Co-Founder Toby Neugebauer Out as CEO, CFO Resigns Same Day; Restructuring Veteran Jeffrey Stein Joins Board
Fermi Inc., the Rick Perry-co-founded nuclear and gas data center company that IPO'd last October, replaced its CEO and CFO on April 19. Marius Haas steps in as Chairman, a search for a new CEO begins, and shares closed down 19.7% at $5.27 on twice the average volume. Texas Tech also signaled it is renegotiating certain milestones in the Project Matador lease.
