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New Fortress Energy (NFE) appoints Fred Hundt as new Chief Accounting Officer

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

Rhea-AI Filing Summary

New Fortress Energy Inc. is changing its top accounting leadership. Chief Accounting Officer Michael Lowe will resign effective July 1, 2026, after serving the company since 2019 and helping guide a complex restructuring that is nearing completion.

On the same date, Frederick (“Fred”) Hundt, currently Global Controller, will become Chief Accounting Officer. Hundt, age 48, brings over 25 years of accounting, financial reporting, audit, and public company experience from roles at GXO Logistics, Mastercard, and PwC.

Positive

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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.
Effective date of CAO change July 1, 2026 Michael Lowe resignation and Fred Hundt appointment
Fred Hundt age 48 years Incoming Chief Accounting Officer
Fred Hundt experience Over 25 years Accounting, financial reporting, audit, public company experience
GXO Logistics tenure April 2023 to June 2025 Fred Hundt Corporate Controller role
Mastercard tenure 2015 to April 2023 Finance and accounting leadership roles
PwC audit practice tenure 11 years Early career, including national office SEC support
NFE employment start for Lowe 2019 Michael Lowe joined New Fortress Energy
Report date June 1, 2026 Date of event reported in 8-K
Chief Accounting Officer financial
"he will resign from his role as Chief Accounting Officer effective July 1, 2026"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
Global Controller financial
"Mr. Hundt, age 48, joined the Company in June 2025 as Global Controller"
Emerging growth company regulatory
"Emerging growth company 02. Departure of Directors or Certain Officers"
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.
financial reporting processes financial
"enhance financial reporting processes, and recruit, develop and retain key accounting"
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FALSE0001749723111 W. 19th Street, 8th FloorNew YorkNY00017497232026-06-012026-06-01

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): June 1, 2026

New Fortress Energy Inc.
(Exact name of registrant as specified in its charter)

Delaware001-3879083-1482060
(State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)

111 W. 19th Street, 8th Floor
New York, NY
10011
(Address of Principal Executive Offices)(Zip Code)
Registrant’s Telephone Number, Including Area Code: (516) 268-7400


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 classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, par value $0.01 per share
“NFE”

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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 1, 2026, Michael Lowe announced to New Fortress Energy Inc. (the “Company”) that he will resign from his role as Chief Accounting Officer effective July 1, 2026. Mr. Lowe has been a valued employee of the Company since 2019, serving first as a Senior Vice President and then as Chief Accounting Officer. Throughout his tenure, Mr. Lowe provided exemplary leadership, particularly during the Company’s complex restructuring which is nearing completion.
Prior to joining NFE, Mr. Lowe was a Director in PwC's Capital Markets and Accounting Advisory Services practice, advising clients on capital markets transactions and complex accounting issues. Mr. Lowe began his career with PwC and served in various roles from 2008 to 2019.
Effective July 1, 2026, Frederick (“Fred”) Hundt will begin serving as Chief Accounting Officer of the Company.
Mr. Hundt, age 48, joined the Company in June 2025 as Global Controller. He has over 25 years of accounting, financial reporting, audit, and public company experience. Prior to joining the Company, Mr. Hundt served as Corporate Controller of GXO Logistics from April 2023 to June 2025. Prior to GXO, he held various finance and accounting leadership positions at Mastercard, including Assistant Corporate Controller, from 2015 to April 2023. Earlier in his career, Mr. Hundt spent 11 years in the audit practice at PwC, including time in the firm’s national office supporting SEC reporting and compliance matters for public company clients.
Since joining the Company, Mr. Hundt has supported efforts to strengthen the Company’s accounting organization, enhance financial reporting processes, and recruit, develop and retain key accounting and finance personnel.

Item 9.01. Financial Statements and Exhibits.

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





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.

 NEW FORTRESS ENERGY INC.
  
Date: June 5, 2026By:/s/ Christopher S. Guinta
 Name:Christopher S. Guinta
 Title:Chief Financial Officer



FAQ

What leadership change did New Fortress Energy (NFE) disclose in this 8-K?

New Fortress Energy announced that Chief Accounting Officer Michael Lowe will resign effective July 1, 2026, and Global Controller Frederick “Fred” Hundt will be promoted to Chief Accounting Officer on the same date, ensuring continuity in the company’s senior finance and accounting leadership.

When will Michael Lowe leave his role at New Fortress Energy (NFE)?

Michael Lowe will resign as Chief Accounting Officer effective July 1, 2026. He has been with New Fortress Energy since 2019, first as Senior Vice President and then as Chief Accounting Officer, including during the company’s complex restructuring, which is described as nearing completion.

Who is Frederick “Fred” Hundt, the new Chief Accounting Officer of NFE?

Frederick “Fred” Hundt, age 48, joined New Fortress Energy in June 2025 as Global Controller. He has over 25 years of accounting, financial reporting, audit, and public company experience, including leadership roles at GXO Logistics, Mastercard, and 11 years in PwC’s audit practice.

What experience does Fred Hundt bring to New Fortress Energy (NFE)?

Fred Hundt brings more than 25 years of experience in accounting, financial reporting, audit, and public company work. His background includes serving as Corporate Controller at GXO Logistics, finance leadership roles at Mastercard, and 11 years at PwC supporting SEC reporting and compliance.

How has Fred Hundt contributed to New Fortress Energy since joining?

Since joining in June 2025, Fred Hundt has supported strengthening New Fortress Energy’s accounting organization, enhancing financial reporting processes, and recruiting, developing, and retaining key accounting and finance personnel, positioning him as a natural successor to the Chief Accounting Officer role.

What does the filing say about New Fortress Energy’s restructuring?

The filing notes that Michael Lowe provided exemplary leadership during New Fortress Energy’s complex restructuring, which is described as nearing completion. This highlights his role in guiding the company’s accounting function through a significant period of organizational and financial change.

Filing Exhibits & Attachments

3 documents