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Get filing alertsNET Power names Ned Shuman as CFO, ending interim arrangement with CEO Daniel Rice
Filed April 13, 2026 · Period ending April 10, 2026 · ~1 min read
Key Changes
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NET Power appointed Ned Leland Shuman as CFO effective April 13, 2026, replacing CEO Daniel J. Rice IV who had been serving in both roles on an interim basis. Rice continues as CEO.
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Shuman brings 25+ years of power-sector finance experience, most recently as Head of Power Finance at Javelin Global Commodities. Previously led $1.6B+ in financings as CFO of WattBridge Energy.
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Compensation package includes $420K base salary, 60% annual bonus target, 180% equity award target, $800K RSU grant vesting over three years, and $100K signing bonus.
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Generated by AI · Jun 8, 2026 2:06 PM