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NET Power Announces Leadership Restructuring Amid Executive Changes

Story Highlights
  • NET Power Inc. announced leadership changes with Brian Allen and Akash Patel stepping down.
  • Daniel J. Rice IV and Marc Horstman appointed to strengthen leadership amid restructuring.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NET Power Announces Leadership Restructuring Amid Executive Changes

Elevate Your Investing Strategy:

NET Power ( (NPWR) ) has provided an update.

On April 14, 2025, NET Power Inc. announced significant leadership changes, with Brian Allen and Akash Patel stepping down from their roles as President and Chief Operating Officer and Chief Financial Officer, respectively, effective April 15, 2025. Daniel J. Rice IV, the current CEO, has been appointed as President and Interim CFO, while Marc Horstman has been named Chief Operating Officer. These changes are part of a strategic restructuring, with severance packages provided to the departing executives. The appointments aim to strengthen the company’s leadership team, with Horstman bringing extensive experience from previous roles at Vertiv Holdings Co., Siemens, Rolls-Royce, and General Electric.

Spark’s Take on NPWR Stock

According to Spark, TipRanks’ AI Analyst, NPWR is a Neutral.

NET Power’s stock score reflects a mix of financial instability and technical challenges. The company is working on strategic initiatives and partnerships to address high costs and project delays. However, persistent profitability issues and negative cash flow weigh heavily on the score, alongside a bearish technical outlook and unattractive valuation. The strong equity base is a positive, providing some financial stability, but significant improvements are needed for a higher score.

To see Spark’s full report on NPWR stock, click here.

More about NET Power

YTD Price Performance: -78.22%

Average Trading Volume: 1,068,756

Technical Sentiment Signal: Buy

Current Market Cap: $511.4M

Find detailed analytics on NPWR stock on TipRanks’ Stock Analysis page.

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