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Fermi Inc. ( (FRMI) ) has provided an announcement.
On May 4, 2026, under a previously disclosed director nomination agreement dating from September 30, 2025, Fermi Inc.’s board filled the vacancy created by director Melissa Neugebauer’s departure by electing Chief Power Officer Larry Kellerman as a Class III director with a term running through the 2028 annual meeting. The nomination right was exercised by Vicksburg Equity Holdings, controlled by Neugebauer, and Kellerman’s appointment did not involve any immediate change to his compensation or additional arrangements beyond the existing nomination agreement, underscoring continuity in the company’s governance and its alignment with shareholder-affiliated nominating parties.
The most recent analyst rating on (FRMI) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Fermi Inc. stock, see the FRMI Stock Forecast page.
More about Fermi Inc.
Fermi Inc. operates in the power sector, with its leadership including a Chief Power Officer role that suggests a focus on energy generation, management, or related infrastructure. The company maintains a classified board structure with multi-year director terms, reflecting a governance framework geared toward longer-term strategic oversight.
Average Trading Volume: 12,731,114
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.23B
Learn more about FRMI stock on TipRanks’ Stock Analysis page.