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Finance veteran Robert Masson named interim CFO at Fermi Inc. (FRMI)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Fermi Inc. appointed Robert L. Masson as Interim Chief Financial Officer and principal financial officer effective April 29, 2026, while it searches for a permanent successor. Masson, age 55, has over 20 years of finance leadership experience across the aerospace, defense, and industrial sectors.

His prior roles include Chief Financial Officer positions at Noble Supply and Logistics, Latham Group, and Hypertherm, as well as senior finance roles at Flowserve and Raytheon Technologies after earlier service as a U.S. Navy Lieutenant and Naval Aviator. The board has not yet approved compensation for his interim role and states there are no related-party or conflict-of-interest relationships requiring disclosure.

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Insights

Fermi names an experienced finance executive as interim CFO without disclosing new pay terms.

Fermi Inc. has appointed Robert L. Masson as Interim Chief Financial Officer and principal financial officer, effective April 29, 2026. This ensures continuity in the company’s finance leadership while a permanent successor is identified.

Masson brings over 20 years of experience, including CFO roles at Noble Supply and Logistics, Latham Group, and Hypertherm, plus senior positions at Flowserve and Raytheon Technologies. The company states that no compensation has yet been approved for this interim appointment and discloses no family or related-party relationships, indicating a straightforward governance change rather than a complex transaction.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Effective appointment date April 29, 2026 Start date as Interim CFO and principal financial officer
Interim CFO age 55 years Age of Robert L. Masson at time of appointment
Experience Over 20 years Finance leadership experience in aerospace, defense, industrial sectors
Navy service period 1992-2001 Service as Lieutenant and Naval Aviator in U.S. Navy
Raytheon tenure 2003-2016 Various finance leadership roles at Raytheon Technologies
Hypertherm CFO period 2018-2022 Executive Vice President and Chief Financial Officer role
Noble CFO period 2023-2025 Chief Financial Officer of Noble Supply and Logistics, LLC
Interim Chief Financial Officer financial
"appointed Robert L. Masson as Interim Chief Financial Officer (“Interim CFO”) and the principal financial officer"
An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
forward-looking statements regulatory
"Forward-Looking Statements This on contains forward-looking statements that involve substantial risks and uncertainties."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
safe harbor provisions regulatory
"intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E"
Safe harbor provisions are rules or legal protections that shield companies or individuals from certain penalties or liabilities when they follow specific guidelines or procedures. They provide a sense of security, encouraging compliance and innovation by reducing the fear of legal repercussions if they act in good faith. For investors, these provisions help ensure that companies are transparent and accountable without the risk of unfair punishment for honest mistakes.
Regulation S-K regulatory
"transaction that would require disclosure under Item 404(a) of Regulation S-K."
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
Understanding 8-K Material Events →
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) April 29, 2026

 

Fermi Inc.

(Exact name of registrant as specified in its charter)

 

Texas   001-42888   33-3560468
(State or other jurisdiction
of incorporation)		   (Commission File Number)   (IRS Employer
Identification No.)

 

620 S. Taylor St., Suite 301
Amarillo, TX		   79101
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (214) 894-7855

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   FRMI   The Nasdaq Stock Market LLC
Common Stock, $0.001 par value   FRMI   The London Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Appointment of Interim Chief Financial Officer

 

On April 29, 2026, the Board of Directors (the “Board”) of Fermi Inc. (the “Company) appointed Robert L. Masson as Interim Chief Financial Officer (“Interim CFO”) and the principal financial officer of the Company effective April 29, 2026, until a permanent successor is named.

 

Mr. Masson, age 55, brings over 20 years of experience as a finance executive in the aerospace, defense, and industrial sectors. Mr. Masson was the Chief Financial Officer of Noble Supply and Logistics, LLC (“Noble”) from 2023 through 2025. Before joining Noble, he served as Chief Financial Officer of Latham Group, Inc. from 2022 to 2023. Mr. Masson also served as Executive Vice President and Chief Financial Officer of Hypertherm, Inc. from 2018 through 2022, where he oversaw the company’s global financial, information technology, and legal operations. From 2016-2018, Mr. Masson was Vice President of Finance at Flowserve, where he led the company’s operational finance, operational accounting, and corporate financial planning and analysis teams. From 2003-2016, he served in various finance leadership roles at Raytheon Technologies, including Chief Financial Officer roles for several of the company’s business units. Mr. Masson began his career as a Lieutenant and Naval Aviator for the United States Navy, where he worked from 1992-2001. Mr. Masson holds a Bachelor of Science degree in Economics from the United States Naval Academy and a Master of Business Administration from Harvard Business School.

 

The Board has not approved any compensation for Mr. Masson in connection with his appointment as Interim CFO. If and when the Company enters into any material compensatory arrangement with Mr. Masson in connection with his appointment, the Company will file an amendment to this Current Report on Form 8-K to disclose the material terms thereof, as required by Item 5.02(e) of Form 8-K.

 

There are no arrangements or understandings between Mr. Masson and any other person pursuant to which Mr. Mason was appointed as Interim CFO of the Company. Mr. Masson does not have a family relationship with any director or executive officer of the Company (or any person nominated or chosen by the Company to become a director or executive officer of the Company) or a direct or indirect material interest in any existing or currently proposed transaction that would require disclosure under Item 404(a) of Regulation S-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements that involve substantial risks and uncertainties. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Section 27A of the Securities Act of 1933, as amended (the “Securities Act”). In some cases, you can identify forward-looking statements by the words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “foreseeable,” “future,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” or “would” and/or the negative of these terms, or other comparable terminology intended to identify statements about the future. They may include statements regarding our intentions, beliefs or current expectations concerning, among other things, the Company’s potential customer pipeline and expected power demand and delivery. Forward-looking statements are inherently subject to risks, uncertainties and assumptions that are difficult to predict or quantify, including those risks described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and our other filings with the SEC. Forward-looking statements speak only as of the date of this Current Report on Form 8-K. We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  FERMI INC.
     
Date: April 29, 2026 By: /s/ George Wentz
  Name:  George Wentz
  Title: General Counsel

 

 

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Source: View Original Filing on SEC EDGAR

FAQ

What change in leadership does Fermi Inc. (FRMI) disclose in this 8-K?

Fermi Inc. appointed Robert L. Masson as Interim Chief Financial Officer and principal financial officer effective April 29, 2026. He will serve in this interim role until the company names a permanent successor to the CFO position.

Who is Robert L. Masson, the new Interim CFO of Fermi Inc. (FRMI)?

Robert L. Masson is a 55-year-old finance executive with over 20 years of experience in aerospace, defense, and industrial companies. His background includes CFO roles at Noble Supply and Logistics, Latham Group, and Hypertherm, plus senior finance positions at Flowserve and Raytheon Technologies.

Has Fermi Inc. (FRMI) set compensation for Interim CFO Robert Masson?

The board has not approved any compensation for Robert Masson in connection with his appointment as Interim CFO. Fermi states it will file an amendment to disclose any material compensatory arrangement once such terms are finalized and required under Item 5.02(e).

What exchanges list Fermi Inc. (FRMI) common stock?

Fermi Inc.’s common stock, with a par value of $0.001 per share, is listed on The Nasdaq Stock Market LLC and the London Stock Exchange. The trading symbol disclosed for the company’s common shares on these exchanges is FRMI.

What forward-looking statement guidance does Fermi Inc. (FRMI) provide here?

Fermi includes standard forward-looking statement language referencing safe harbor protections under the Exchange Act and Securities Act. It notes such statements involve risks and uncertainties and cites its Form 10-K for the year ended December 31, 2025, and other SEC filings for detailed risk descriptions.

Filing Exhibits & Attachments

4 documents

Other Documents