Management ChangeApr 13, 2026, 04:36 PM
NET Power Appoints Ned Leland Shuman as New CFO
AI Summary
NET Power Inc. announced the appointment of Ned Leland (Lee) Shuman as its new Chief Financial Officer, effective April 13, 2026. Mr. Shuman, 56, brings over 25 years of experience in power-sector finance and strategy, including significant roles at Javelin Global Commodities and WattBridge Energy. He replaces interim CFO Daniel J. Rice IV, who will continue as CEO and principal financial officer until the Q1 2026 10-Q filing. Mr. Shuman's compensation includes an annual base salary of $420,000.
Key Highlights
- Ned Leland (Lee) Shuman appointed Chief Financial Officer of NET Power Inc.
- Appointment is effective April 13, 2026.
- Shuman brings over 25 years of power-sector finance and strategy experience.
- He previously served as Head of Power Finance at Javelin Global Commodities.
- His annual base salary is set at $420,000.
Price Impact
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