OPAL Fuels co-CEO Jonathan Maurer plans retirement
The board has commenced an executive search for a President who will report to Adam Comora.
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Form Type
8-K
Rhea-AI Filing Summary
OPAL Fuels Inc. said Jonathan Maurer plans to retire as Co-Chief Executive Officer effective March 31, 2027. Effective upon his retirement, Adam Comora will become the company’s sole Chief Executive Officer. Maurer plans to remain available in a Senior Advisor role for an appropriate period afterward to support the transition.
The board has commenced an executive search for a President who will report to Comora. OPAL Fuels said there are currently no compensation agreements or arrangements in place regarding Maurer’s retirement or subsequent Senior Advisor role, except for the existing terms of his outstanding equity awards. Maurer is not party to an employment agreement with the company.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
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 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Planned retirement date: March 31, 2027
OPAL Fuels Co-CEO role began: April 2021
FORTISTAR employment began: October 1998
3 metrics
Planned retirement date
March 31, 2027
Jonathan Maurer’s planned retirement as Co-Chief Executive Officer
OPAL Fuels Co-CEO role began
April 2021
Jonathan Maurer has served as Co-Chief Executive Officer since April 2021
FORTISTAR employment began
October 1998
Jonathan Maurer was employed by FORTISTAR, OPAL Fuels’ majority shareholder
Key Terms
renewable natural gas, compressed natural gas, low carbon intensity
3 terms
renewable natural gas technical
"capture and conversion of biogas into low carbon intensity RNG"
Renewable natural gas is methane captured from organic waste—like landfills, farms, or wastewater—and cleaned to the same quality as conventional pipeline gas so it can be used for heating, electricity, or vehicle fuel. Investors care because it turns waste into a revenue-generating commodity, can qualify for carbon credits or government incentives, and can reduce a company's emissions profile, affecting long-term costs, regulatory risk, and market demand much like converting trash into sellable fuel.
compressed natural gas technical
"renewable and compressed natural gas (RNG and CNG)"
Compressed natural gas (CNG) is methane stored under high pressure in tanks so it can be used as a fuel for vehicles, power generators and industrial equipment; think of it like keeping a fizzy drink in a pressurized can so the gas can be released to do work. It matters to investors because CNG can be a lower‑cost, lower‑pollution alternative to gasoline or diesel, affecting fuel demand, fleet operating costs, infrastructure spending and regulatory risk across energy and transportation businesses.
low carbon intensity technical
"low carbon intensity RNG and renewable electricity"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will Jonathan Maurer retire from OPAL Fuels, and who will become CEO?
Jonathan Maurer plans to retire as Co-Chief Executive Officer effective March 31, 2027, and Adam Comora will become the company’s sole Chief Executive Officer upon his retirement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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): October 19, 2026
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(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices) | (Zip Code) | |||||||
Registrant's telephone number, including area code: ( | ||||||||
Not Applicable | ||||||||
(Former name or former address, if changed since last report) | ||||||||
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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 | ||||||
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 October 19, 2026 , Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels Inc. (the “Company”), notified the Company that he intends to retire from his role as Co-Chief Executive Officer effective as of March 31, 2027. Mr. Maurer plans to be available to the Company in a Senior Advisor role for an appropriate period of time following his retirement to support a smooth transition. Effective upon Mr. Maurer's retirement, Adam Comora will become the Company's sole Chief Executive Officer.
Except for the existing terms of Mr. Maurer’s outstanding equity awards, there are currently no compensation agreements or arrangements in place regarding Mr. Maurer’s retirement or subsequent Senior Advisor Role. Mr. Maurer is not a party to an employment agreement with the Company.
Item 7.01. | Regulation FD Disclosure. | ||||
On October 20, 2026, the Company issued a press release announcing Mr. Maurer’s planned retirement and the transition of Adam Comora to sole Chief Executive Officer. A copy of the press release is furnished as Exhibit 99.1 hereto.
The information disclosed under this Item 7.01, including the exhibit, is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. By filing this Current Report on Form 8-K and furnishing this information, the Company makes no statement or admission as to the materiality of any information in this Item 7.01 or the exhibit attached hereto.
Item 9.01. Financial Statements and Exhibits
Exhibit Number | Description | |||||||
99.1 | Press release dated October 20, 2026 | |||||||
104 | Cover Page Interactive Data File (embedded within the inline XBRL document). | |||||||
SIGNATURE
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.
Date: October 20, 2026
OPAL Fuels Inc. | |||||
By: | /s/ Kazi Hasan | ||||
Name: | Kazi Hasan | ||||
Title: | Chief Financial Officer | ||||
FOR IMMEDIATE RELEASE
OPAL Fuels Announces Planned Retirement of Co-CEO
WHITE PLAINS, N.Y. – (October 20, 2026) OPAL Fuels (Nasdaq: OPAL), a vertically integrated and nationwide leader in the production and distribution of renewable and compressed natural gas (RNG and CNG) used as transportation fuel for heavy-duty trucking, today announced that Jonathan Maurer plans to retire from his role as Co-Chief Executive Officer on March 31, 2027. Following Mr. Maurer’s retirement, Adam Comora will become the Company’s sole Chief Executive Officer. Mr. Maurer will remain available to the Company in a Senior Advisor role for an appropriate period of time thereafter to support a smooth transition.
Mr. Maurer has been Co-Chief Executive Officer of OPAL Fuels since April 2021, after the company was formed. Prior to that Mr. Maurer was employed by FORTISTAR (OPAL Fuels’ majority shareholder) since October 1998.
“I want to thank Jon for his leadership over these past thirty-seven years” said Mark Comora, Chairman of the Board of OPAL Fuels and President of FORTISTAR. “Jon has been instrumental in building the company and getting us to where we are today. We are grateful for his service and his commitment to ensure a smooth transition. We wish Jon continued success as he transitions to managing his family office in West Palm Beach, Florida and increases his work with the organizations for which he is serving as board director.”
“We have come a long way in building a durable business that has provided reliable power and transportation fuel to our customers across the country while making significant impact in reducing the harmful environmental effects of methane emissions,” said Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels. “It has been a privilege to help build OPAL Fuels from the initial investment in landfill gas to energy facilities by FORTISTAR in 1996. I am confident that Adam and our talented team are well positioned to lead OPAL Fuels’ next chapter. I look forward to supporting a smooth transition over the coming months.”
“Jon has been an outstanding partner and I am excited for him as he transitions away from his day to day responsibilities at OPAL,” said Adam Comora, Co-Chief Executive Officer of OPAL Fuels. “I am grateful for his friendship and leadership as we built a strong foundation at OPAL Fuels and look forward to continuing the work with the entire OPAL team in our next phase of growth and execution.”
The Company additionally announced that the Board has commenced an executive search for a President, who will report to Adam Comora.
About OPAL Fuels
OPAL Fuels (Nasdaq: OPAL) is a leader in the capture and conversion of biogas into low carbon intensity RNG and renewable electricity. OPAL Fuels is also a leader in the marketing and distribution of RNG to heavy duty trucking and other hard to decarbonize industrial sectors. For additional information, and to learn more about OPAL Fuels and how it is leading the effort to capture North America’s harmful methane emissions and decarbonize the economy, please visit www.opalfuels.com.
Forward-Looking Statements
Certain statements in this communication may be considered forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including statements regarding the planned leadership transition described herein and the expected timing thereof. You can identify forward-looking statements by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negatives of these terms or similar terminology. Such forward-looking statements are subject to risks and uncertainties, including the inherent uncertainty associated with leadership and management transitions, the timing and completion of the planned executive transition, and the Company’s ability to retain and recruit key personnel, as well as other risks, uncertainties and factors set forth in the Company's annual report on Form 10-K, quarterly reports on Form 10-Q, and other filings the Company makes with the Securities and Exchange Commission, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based.
Disclaimer
This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy, any securities, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Contact information
Investors
Todd Firestone
Vice President, Investor Relations and Corporate Development
(914) 705-4001
investors@opalfuels.com
Media
Harrison Feuer
Senior Director, Communications and Public Policy
(914) 721-3723
hfeuer@opalfuels.com