Published in Fermi America

Fermi CFO Exits Alongside CEO as Shares Tumble

Apr 20, 2026 | Posted by Abdul-Rahman Oladimeji

Fermi Inc.’s chief financial officer has stepped down just days after the company’s CEO resigned. Miles Everson has left his role as CFO of the Texas-based data center firm but has been elected to its board of directors. The company said it is in discussions with a candidate to serve as interim CFO.The move follows the resignation of Fermi CEO and co-founder Toby Neugebauer late last week, who remains on the board.

Lead independent director Marius Haas has been appointed chairman of the board. The company has also established a new Office of the CEO as part of what it is calling “Fermi 2.0.” The structure will include Jacobo Ortiz Blanes, previously chief operating officer, and Anna Bofa, previously a board advisor, who will now oversee day-to-day management alongside Haas. 


"The Office of the CEO is designed to provide stable, experienced leadership during this important transition," said Haas. "Jacobo and Anna each bring critical strengths that will help us maintain operational excellence, deepen our partnerships, and keep our clients and tenants at the center of everything we do."

Co-founded by former US Energy Secretary Rick Perry, Fermi plans to develop an AI campus in Amarillo, Texas, that could scale up to 11GW. Despite having made limited progress on the land it leased from the Texas Tech University System, lacking contracted customers, and having no established track record in the data center industry, the company went public last October.





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Conceptual rendering of Fermi America's HyperGrid™ Campus in Amarillo, Texas
Posted in Fermi America: HyperGrid Campus Source: Fermi America
Rendering of Fermi America's HyperGrid™ Campus
Posted in Fermi America: HyperGrid Campus Source: Fermi America & Texas Tech University

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