Fermi Inc. announced the appointment of four new executive officers, effective July 22, 2026: George Wentz as General Counsel, Anna Bofa as Chief Commercial Officer, Jacobo Ortiz as Chief Operating Officer, and Rob Masson as Chief Financial Officer. In connection with these appointments, the company entered into five-year employment agreements with each new officer, outlining their compensation and equity awards.
Key Details
- New Appointments: The Board appointed George Wentz (GC), Anna Bofa (CCO), Jacobo Ortiz (COO), and Rob Masson (CFO). Ms. Bofa and Mr. Ortiz will also continue serving as Co-Chairs of the Interim Office of the CEO.
- Compensation Terms: Annual base salaries are set at $500,000 for the GC, CCO, and COO, and $650,000 for the CFO. Each officer is eligible for a target annual bonus equal to 100% of their base salary.
- Equity Awards: The officers will receive one-time sign-on equity awards, including 1,500,000 restricted stock units (RSUs) for Mr. Wentz, 2,000,000 RSUs for Ms. Bofa, and 975,000 RSUs for Mr. Masson. They are also eligible for annual long-term incentive awards with grant date values ranging from $2.25 million to $3.0 million.