World & Conflict · The Record
Fermi appoints Lee McIntire as CEO after he served on its CEO search committee
SEC filings show McIntire helped define the search for a CEO before the board named him to the role, while an interim CEO office operated.
Fermi Inc. said in its second-quarter 2026 earnings release, filed with the U.S. Securities and Exchange Commission on Aug. 13, 2026, that the board named Lee McIntire, chief executive officer, to guide the company from development toward construction and initial power.
The SEC filing said: "The Board of Directors also appointed Lee McIntire as Chief Executive Officer to lead Fermi's transition from development into construction and first power." The release added that McIntire had been an independent director since September 2025 and had spent over four decades at Bechtel, CH2M Hill and TerraPower.
The appointment followed a CEO search announced four months earlier. In an April 20, 2026 press release filed with the SEC, Fermi said it had engaged Heidrick & Struggles and that a committee including independent directors Lee McIntire and Cordel Robbin-Coker would work with the firm to identify and recommend CEO candidates.
Before the August announcement, Fermi's filings described an interim arrangement. A Form 8-K filed July 23 said the board appointed officers on July 20 and that Anna Bofa, chief commercial officer, and Jacobo Ortiz, chief operating officer, would remain co-chairs of the Interim Office of the CEO. The filing said those appointments were effective July 22.
Analysis: The filings show that McIntire moved from the committee seeking a CEO to the CEO role while an interim management structure remained in place.