Current Report · Items 5.02, 9.01 · 8-K
Fervo Energy Company
FRVONASDAQEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure 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.…
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure 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.