CEO Daniel Rice resigns; J. Kyle Derham appointed CEO, James Rogers CFO at Rice Acquisition Corp. II

NET Power Inc.

Daniel Joseph Rice IV resigned as CEO effective Feb 21, 2022 to adhere to overboarding governance guidelines.
J. Kyle Derham, previously CFO, appointed CEO; removed as CFO.
James Wilmot Rogers appointed CFO and continues as CAO.
No new compensatory arrangements were entered with Derham or Rogers.
Rice continues as Board member; also serves on boards of Archaea Energy (LFG), EQT (EQT), Whiting Petroleum (WLL).

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

J. Kyle Derham

Chief Executive Officer

NPWR · NET Power Inc.

Effective: 2022-02-21
Successor: James Wilmot Rogers
Filed: February 22, 2022, 6:59 PM ET

Also on February 21, 2022, the Board (i) appointed J. Kyle Derham, age 34, to succeed Mr. Rice as CEO, (ii) removed Mr. Derham as the Company’s Chief Financial Officer (“CFO”) and (iii) appointed James Wilmot Rogers, age 41, as CFO, in each case, effective immediately.

Appointed

James Wilmot Rogers

Chief Financial Officer

NPWR · NET Power Inc.

Effective: 2022-02-21
Filed: February 22, 2022, 6:59 PM ET

appointed James Wilmot Rogers, age 41, as CFO

Departed

Daniel Joseph Rice, IV

Chief Executive Officer

NPWR · NET Power Inc.

Effective: 2022-02-21
Successor: J. Kyle Derham
Filed: February 22, 2022, 6:59 PM ET

On February 21, 2022, Daniel Joseph Rice, IV resigned as the Chief Executive Officer (“CEO”) of Rice Acquisition Corp. II (the “Company”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Kyle Derham was appointed as Chief Executive Officer at NET Power Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Also on February 21, 2022, the Board (i) appointed J. Kyle Derham, age 34, to succeed Mr. Rice as CEO, (ii) removed Mr. Derham as the Company’s Chief Financial Officer (“CFO”) and (iii) appointed James Wilmot Rogers, age 41, as CFO, in each case, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James Wilmot Rogers was appointed as Chief Financial Officer at NET Power Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

appointed James Wilmot Rogers, age 41, as CFO

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Joseph Rice, IV resigned as Chief Executive Officer at NET Power Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On February 21, 2022, Daniel Joseph Rice, IV resigned as the Chief Executive Officer (“CEO”) of Rice Acquisition Corp. II (the “Company”).

View on SEC.gov

NET Power Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-008722

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