DealFlow.energy

Lee Shuman is the new Chief Financial Officer at NET Power Inc. (from Head of Power Finance, Javelin Capital).

Shuman brings 25+ years of power sector finance experience to NET Power as the carbon-capture power company prepares for commercial-scale project finance; his base salary is $420K with an $800K sign-on RSU grant, signaling board confidence in capital markets execution ahead.

SEC filing ↗

Bernerd Da Santos has joined as Chairman, AES Clean Energy Board; Senior Strategic Advisor to the President at AES Corporation (from Executive Vice President and President, US & Renewables, AES Corporation).

Da Santos steps back from day-to-day leadership of AES's US & Renewables business — one of the largest US clean energy portfolios — into a board chair and strategic advisory role, amid AES restructuring its US clean energy leadership.

SEC filing ↗

Sherry Kohan has joined as Chief Financial Officer, AES U.S. Utilities at AES Corporation (US Utilities subsidiary) (from Senior Vice President and Chief Accounting Officer, AES Corporation).

Kohan moves from corporate-level Chief Accounting Officer to CFO of AES U.S. Utilities — a narrower scope but a senior finance leadership role at AES's regulated utilities business, effective May 7.

SEC filing ↗

Ross Bhappu has been promoted to Chief Executive Officer at Energy Fuels Inc. (from President, Energy Fuels Inc.).

Bhappu succeeds Mark Chalmers (retiring after 8+ years) as CEO of the largest US uranium producer, which has expanded into rare earth and titanium minerals; Chalmers remains as consultant for two years.

Press release ↗

Kyle Cooper is the new Chief Executive Officer at ACT Power Services (from Vice President of O&M, Cypress Creek Renewables).

Cooper takes the helm of ACT Power Services — an O&M platform managing 9 GWdc solar and 2 GWh battery storage across 28 states — as the company exits Pine Gate Renewables Chapter 11 under new owner BridgePeak Energy Capital. He brings nearly 20 years of O&M experience including VP of O&M at Cypress Creek Renewables.

Press release ↗

Anna Bofa has stepped into the role of Co-Lead, Office of the CEO (Interim) at Fermi America (from Board Observer, Fermi America).

Former Meta Global Head of Product Programs transitions from Fermi board observer to interim co-leadership alongside COO Jacobo Ortiz as the company conducts a permanent CEO search.

Press release ↗

Toby Neugebauer departed Fermi America as Chief Executive Officer and Co-Founder.

Neugebauer was removed by Fermi's board after the company's valuation fell from 0B to ~.4B; Fermi America develops GW-scale private electric grids for AI computing, integrating solar, storage, natural gas, and nuclear at hyperscale data center campuses.

Press release ↗

Jacobo Ortiz has stepped into the role of Co-Lead, Office of the CEO (Interim) at Fermi America (from Chief Operating Officer, Fermi America).

Ortiz steps up from COO to interim co-lead following Neugebauer's board-mandated removal; tasked with stabilizing operations and refocusing Fermi's strategy around SMRs and solar-plus-storage for AI data center energy demands.

Press release ↗

Maryam S. Brown is the new President and Chief Operating Officer at Indiana Michigan Power (from President and CEO, Southern California Gas Company).

Brown brings 25+ years in utility operations and energy law from SoCalGas (Sempra); her arrival at Indiana Michigan Power coincides with AEP's active nuclear and clean energy development push in Indiana.

Press release ↗

Arumugam Manthiram is the new Technical Fellow and Advisor at Form Energy (from George T. & Gladys H. Abell Endowed Chair of Engineering, University of Texas at Austin).

Manthiram is a world-renowned battery chemist and longtime collaborator with Nobel laureate John Goodenough at UT Austin, where he has trained 300+ students and authored 1,000+ journal articles on electrochemical energy storage. His Form Energy appointment brings foundational iron-air chemistry expertise as the company commercializes long-duration storage at scale.

Trade pub ↗

Sarah Devine was appointed Board of Directors Member at Intersect Power.

Devine brings international project finance expertise from top-tier law firms; joins Intersect board as the company focuses on complex hybrid assets including green hydrogen. Note: Alphabet closed its .75B acquisition of Intersect Power on March 11, 2026 — this appointment may relate to IPX Power, the independent spinoff retaining 4.4 GW solar and 8.8 GWh storage portfolio.

Trade pub ↗

J. Birks Bovaird departed Energy Fuels Inc. as Director (long-tenured Chair-level).

Bovaird declines re-election at Energy Fuels' June 24 AGM — the company stating no disagreement with management. Board refresh follows the recent Ross Bhappu CEO appointment, signaling a governance overhaul at the leading US uranium and rare-earth producer.

SEC filing ↗

Alexander G. Morrison departed Energy Fuels Inc. as Director (Audit Committee).

Morrison — Audit Committee director at Energy Fuels — declines re-election at the June 24 AGM alongside long-tenured Chair-level director Bovaird. Pre-stages a full board transition tied to the Ross Bhappu CEO succession at the largest US uranium producer.

SEC filing ↗

Charles M. O'Neil departed HA Sustainable Infrastructure Capital as Board of Directors Member.

O'Neil departs the HASI board after 13 years, effective at the June 3 annual meeting. No disagreement with the company; board will reduce from 12 to 10 directors following this and the Osborne departure.

SEC filing ↗

Richard J. Osborne departed HA Sustainable Infrastructure Capital as Board of Directors Member (Audit Committee).

Osborne departs the HASI board after 13 years due to mandatory director retirement age policy, effective at the June 3 annual meeting; previously chaired the Audit Committee.

SEC filing ↗

James Marshall is the new Senior Vice President, Global Supply Chain at Powin.

Marshall, a veteran of semiconductor and high-tech manufacturing, joins Powin to optimize international LFP cell procurement and logistics. Note: Powin completed Chapter 11 liquidation in Dec 2025; Marshall joins the surviving services entity that manages monitoring and energy operations for deployed BESS fleets.

Trade pub ↗

Anand Narayanan has been promoted to Senior Vice President, Asset Management and Operations at Arevon Energy (from Arevon Energy).

Narayanan takes on SVP responsibility for Asset Management, Operations, and Risk & Insurance at Arevon, assuming duties previously held by CEO Justin Johnson; he has been with Arevon since 2018 with 15+ years in utility-scale solar and energy storage operations.

Press release ↗

Jeremy Rand has been promoted to Senior Vice President, Project Execution at Arevon Energy (from Arevon Energy).

Rand takes SVP responsibility for Engineering, Procurement, and Project Management & Construction at Arevon, also inheriting duties from CEO Justin Johnson in a leadership restructuring designed to strengthen execution coordination; he joined Arevon in 2021.

Press release ↗

Joan Cetera is the new Vice President, Communications and Public Relations at Gevo, Inc. (from Vice President of Enterprise Communications, Global Government and Corporate Affairs, Caterpillar).

Cetera joins Gevo as the renewable fuels and sustainable aviation fuel company undergoes a leadership rebuild under new CEO Paul Bloom; she will manage external messaging during a period of strategic repositioning in renewable chemicals and SAF after years of capital challenges.

Press release ↗

Aubrey Jarred has been promoted to Vice President and Controller (Principal Accounting Officer) at AES Corporation (from Managing Director, Technical Accounting Services, AES Corporation).

Jarred is promoted to VP/Controller and principal accounting officer at AES, filling the gap left by Kohan's lateral move. She joined AES in 2022 from LKQ Corporation and was previously at KPMG. Compensation: $315K base salary.

SEC filing ↗