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Sarah Jewett becomes COO at Fervo Energy (NASDAQ: FRVO)

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

Rhea-AI Filing Summary

Fervo Energy Company has promoted Sarah Jewett to Chief Operating Officer, effective June 15, 2026. She will oversee the company’s core corporate operations as Fervo scales its next-generation geothermal projects.

Jewett has led Fervo’s strategy department since 2020 and became SVP, Strategy in October 2025, integrating policy, communications, strategy, and people operations. Her compensation as COO includes a $400,000 annual base salary and eligibility for an annual performance-based cash bonus targeted at 55% of base salary.

She was also granted 29,629 restricted stock units under the 2026 Incentive Award Plan, vesting over four years, with 25% on the first anniversary of grant and the remainder in equal quarterly installments, contingent on continued employment.

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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.
COO base salary $400,000 per year Annual base salary for Sarah Jewett as COO
Target bonus 55% of base salary Annual performance-based cash bonus target
RSU grant 29,629 restricted stock units Equity award under 2026 Incentive Award Plan
RSU vesting schedule 4 years 25% after one year, remainder in equal quarterly installments
COO effective date June 15, 2026 Start date of Sarah Jewett’s COO role
Press release date June 10, 2026 Date of announcement naming Jewett COO
restricted stock units financial
"In addition, Ms. Jewett was granted 29,629 restricted stock units under the Company’s 2026 Incentive Award Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2026 Incentive Award Plan financial
"In addition, Ms. Jewett was granted 29,629 restricted stock units under the Company’s 2026 Incentive Award Plan."
emerging growth company regulatory
"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.
Item 404(a) of Regulation S-K regulatory
"Ms. Jewett does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K."
annual incentive bonus plan financial
"pursuant to the Company’s annual incentive bonus plan."
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Understanding 8-K Material Events →

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

June 10, 2026 
Date of Report (date of earliest event reported)
Fervo Energy Company
(Exact name of Registrant as specified in its charter)
Delaware001-4328582-3168838
(State or other jurisdiction of incorporation)(Commission File Number)(I. R. S. Employer Identification No.)

811 Main Street
Suite 1700
Houston, Texas 77002
(Address of principal executive offices)
(832) 554-3253
(Registrant’s telephone number, including area code)
N/A
(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 (see General Instruction A.2. below):

☐ 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 classTrading Symbol(s)Name of exchange on which registered
Class A Common Stock, par value $0.0001 per shareFRVOThe NASDAQ Stock Market LLC
(Nasdaq Global Select Market)

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

On June 10, 2026, the Board of Directors (the “Board”) of Fervo Energy Company (the “Company”) appointed Sarah Jewett as Chief Operating Officer of the Company, effective June 15, 2026.

Ms. Jewett, age 36, has led the Company's Strategy department since she joined Fervo in 2020, within roles of increasing responsibility. She had been SVP, Strategy since October, 2025. In that role, Ms. Jewett managed the integration of policy, communications, strategy, and people operations to drive the Company’s growth. Prior to joining the Company, Ms. Jewett held leadership roles in corporate development at Select Energy Services and worked as an engineer at Schlumberger. Ms. Jewett holds a Bachelor of Arts in Engineering Sciences and Studio Art and a Bachelor of Engineering in Mechanical Engineering from Dartmouth College and a Master of Business Administration from Harvard Business School.

In connection with her appointment, Ms. Jewett is entitled to receive an annual base salary of $400,000 and will be eligible to earn an annual performance-based cash bonus with a target of 55% of her base salary, pursuant to the Company’s annual incentive bonus plan. In addition, Ms. Jewett was granted 29,629 restricted stock units under the Company’s 2026 Incentive Award Plan. The RSUs vest over four years, with 25% on the first anniversary of the grant date and the remainder in equal quarterly installments thereafter, subject to Ms. Jewett’s continued employment with the Company.

There are no family relationships between Ms. Jewett and any director or executive officer of the Company, and there are no arrangements or understandings between Ms. Jewett and any other persons pursuant to which she was appointed as Chief Operating Officer. Ms. Jewett does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No.Exhibit Description
99.1
Press Release naming Sarah Jewett Chief Operating Officer, dated June 10, 2026.








SIGNATURES

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

Dated: June 10, 2026

 
Fervo Energy Company
/s/ Timothy Latimer
Timothy Latimer
Chief Executive Officer



Fervo Energy Names Sarah Jewett Chief Operating Officer as Geothermal Build-Out Accelerates
New COO role centralizes key business functions to help the company scale with greater speed, discipline, and confidence
HOUSTON, TX (June 10, 2026) – Fervo Energy (Nasdaq: FRVO), the global pioneer of next-generation geothermal energy, today announced the promotion of Sarah Jewett to Chief Operating Officer (COO). With the appointment, Jewett takes leadership of the company’s core corporate operations, creating the centralized infrastructure required to execute on what the company believes is the most significant commercial opportunity for clean, firm power in history. Her promotion follows six years of foundational leadership at Fervo where she has led some of the company’s most critical workstreams.
“What Sarah has built over the last six years has been foundational to the company’s success. From the time she joined, she has brought an unwavering people-first mindset and outstanding dedication to building things that last,” said Tim Latimer, CEO and Co-Founder of Fervo Energy. “As we move into the next phase of our growth, there is no better person to lead the operating core of this company.”
Jewett brings a wealth of unique experiences to the COO role. She spent her twenties running hydraulic fracturing crews for Schlumberger across some of the most demanding operating environments in the United States. Working within remote basins in the Western U.S., the high activity Permian, and the logistically and technically complex North Slope in Alaska, she logged direct experience managing wellsites, equipment and material logistics, and field crews that has been essential to her strategic capabilities at Fervo. Her ability to translate between technical concepts and strategic decision making has been a meaningful asset during her tenure.
Prior to joining Fervo in 2020 to lead the strategy department, Jewett worked in corporate development and strategic initiatives for Select Energy Services. She holds an M.B.A. from Harvard Business School and a Bachelor of Engineering in Mechanical Engineering from Dartmouth College.
Jewett’s promotion comes as Fervo accelerates the commercial deployment of its GeoBlockTM and GeoClusterTM standardized EGS development model. This approach, the company believes, can drive geothermal down the same cost curve that manufacturing-driven standardization enabled for solar PV. With a growing project pipeline spanning utility offtake, AI hyperscaler demand, and industrial power applications, the scale of coordination required across supply chain, land, permitting, policy, and people has reached a threshold that demands unified and thoughtful leadership. This is the mandate that Jewett now carries.
To learn more, please visit https://fervoenergy.com/.



About Fervo Energy
Fervo Energy is a modern power company built around one of the market’s most important needs: affordable, dependable new power supply. Through the large-scale deployment of enhanced geothermal systems, Fervo has established a repeatable, industrial approach to building utility-scale power. The company is transforming geothermal into a clean, reliable, cost-competitive solution designed to meet rising demand from AI hyperscalers, utilities, and a more electricity-intensive economy. For more information, visit www.fervoenergy.com.

Contact
V2 Communications for Fervo Energy
fervo@v2comms.com
ICR for Fervo Energy
Fervo@icrinc.com

Source: View Original Filing on SEC EDGAR

FAQ

What did Fervo Energy (FRVO) announce about its leadership?

Fervo Energy announced the promotion of Sarah Jewett to Chief Operating Officer, effective June 15, 2026. She will lead core corporate operations as the company accelerates commercial deployment of its next-generation geothermal power projects and expands its project pipeline across utilities, AI hyperscalers, and industrial customers.

What is Sarah Jewett’s compensation as COO of Fervo Energy (FRVO)?

As COO, Sarah Jewett will receive a $400,000 annual base salary and is eligible for an annual performance-based cash bonus targeted at 55% of base salary. She also received 29,629 restricted stock units granted under Fervo Energy’s 2026 Incentive Award Plan, vesting over four years.

How do Sarah Jewett’s restricted stock units at Fervo Energy (FRVO) vest?

Sarah Jewett’s 29,629 restricted stock units vest over four years, with 25% vesting on the first anniversary of the grant date. The remaining units vest in equal quarterly installments thereafter, and all vesting is subject to her continued employment with Fervo Energy during the vesting period.

What experience does Sarah Jewett bring to the COO role at Fervo Energy (FRVO)?

Sarah Jewett previously led Fervo’s strategy department and served as SVP, Strategy, integrating policy, communications, strategy, and people operations. Her background includes running hydraulic fracturing crews at Schlumberger and corporate development roles at Select Energy Services, plus engineering and MBA degrees from Dartmouth and Harvard.

Filing Exhibits & Attachments

1 document

Press Releases