$FRVO·8-K

Fervo Energy Co · Jun 10, 4:48 PM ET

Compare

Fervo Energy Co 8-K

Research Summary

AI-generated summary

Updated

Fervo Energy Appoints Sarah Jewett as Chief Operating Officer

What Happened Fervo Energy Company (FRVO) filed an 8-K on June 10, 2026, announcing that its Board appointed Sarah Jewett as Chief Operating Officer, effective June 15, 2026. Ms. Jewett, age 36, has been with Fervo since 2020 and served as Senior Vice President, Strategy beginning October 2025. Her background includes roles in corporate development at Select Energy Services and engineering roles at Schlumberger; she holds degrees from Dartmouth College and an MBA from Harvard.

Key Details

  • Effective date: June 15, 2026 (8-K filed June 10, 2026).
  • Base salary: $400,000 per year.
  • Annual bonus: Eligible for performance-based cash bonus with a target of 55% of base salary.
  • Equity grant: 29,629 restricted stock units (2026 Incentive Award Plan); vest over four years — 25% on first anniversary, remainder in equal quarterly installments thereafter, subject to continued employment.
  • No family relationships or related-person transactions were reported in connection with the appointment.

Why It Matters This is a material executive change (Item 5.02) that affects Fervo’s senior management team and may influence operational leadership and execution as the company grows. Compensation and equity details show the company’s pay mix and retention incentives for the new COO. Investors tracking management stability, succession, or potential shifts in strategy should note the appointment and the effective date.

Loading document...