USA Rare Earth CEO Barbara Humpton to retire Oct 1; Serra Verde CEO Moraitis to succeed

Filed July 20, 2026 · Period ending July 19, 2026 · ~2 min read

Key Changes

• high

  CEO Barbara Humpton retires Oct 1, 2026, with no disagreement cited. Thrasyvoulos Moraitis, current CEO of Serra Verde (the company USAR is acquiring), succeeds her on Oct 1 or upon merger close, whichever is later.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Moraitis receives CHF 822,000 base salary through Dec 2028, $5M in RSUs for 2026-2027, $1.5M time-vested inducement award, $6.5M performance stock units tied to financial/operational milestones, and $4M make-whole award replacing forfeited Serra Verde benefits.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Michael Blitzer, Chairman since March 2023, appointed Executive Chair to align Board and management on growth strategy, support Serra Verde merger and proposed Carester/Texas Mineral Resources deals, and reflect his central role in strategic direction.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →