EX-99.1 2 ea029478501ex99-1.htm PRESS RELEASE, DATED JUNE 16, 2026 Exhibit 99.1 Corvex Appoints Chance Moreland as CFO to Accelerate Capital Formation, AI Infrastructure Expansion Morgan Stanley veteran brings deep expertise in institutional capital markets execution to support Corvex’s next phase of growth in AI cloud infrastructure ARLINGTON, Va., June 16, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced the appointment of Christopher Chance Moreland as Chief Financial Officer, effective June 29, 2026. Moreland joins Corvex from Morgan Stanley, where he served as Managing Director in Leveraged and Acquisition Finance. During his more than 12 years at the firm, Moreland led the structuring and execution of complex financings across loan and bond markets, advising on over 150 transactions, including multi-billion-dollar financings across GPUs as a service, data center, power and energy, asset leasing, and other sectors. His appointment comes at a pivotal moment for Corvex as it scales its AI infrastructure platform following its recent public listing. …
Open exhibit ↗Current Report · Items 5.02, 7.01, 9.01 · 8-K
Corvex, Inc.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 9.01 Financial Statements and Exhibits. Exhibits The following exhibits are filed herewith: Exhibit No. Exhibit Description ──────────────────────────────────────────────────────────────────────────────────────────────── 99.1 Press release, dated June 16, 2026 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Company context
Corvex, Inc. (Nasdaq: MOVE) is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads, and a publicly traded pure-play AI compute platform. The company provides secure, scalable and cost-efficient compute resources through GPU-accelerated clusters, high-throughput storage and a layered architecture engineered for reliability, performance and efficiency at scale. Corvex’s product suite includes AI Factories and GPU Clusters, the Assured AI confidential-computing platform, as well as the Corvex Token Factory, an inference platform currently in closed alpha. For more information, visit corvex.ai.