FREYR CEO and CFO replaced; Jensen returns as CEO, Calio as CFO to accelerate U.S. pivot

T1 Energy Inc.

Birger Steen steps down as CEO and director; co-founder Tom Jensen appointed CEO effective June 6, 2024.
Daniel Barcelo appointed Chair of the Board; Jensen resigned as Executive Chair.
CFO Oscar Brown resigns for personal reasons; Evan Calio appointed CFO, base salary $600K, $3M sign-on RSUs.
Strategic initiatives: accelerate U.S. market focus, finalize conventional tech partnership, and advance CQP operations.

item 5.02 item 7.01 item 9.01

Executive movements

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

Departed

Birger K. Steen

Chief Executive Officer

TE · T1 Energy Inc.

Effective: 2024-06-06
Successor: Tom Einar Jensen
Filed: June 6, 2024, 7:59 PM ET

Birger K. Steen, the Company’s Chief Executive Officer (“CEO”), would be leaving the Company effective as of June 6, 2024, and that he will not stand for re-election as a member of the Company’s Board of Directors

Role change

Tom Einar Jensen

Chief Executive Officer

TE · T1 Energy Inc.

Effective: 2024-06-06
Successor: Daniel Barcelo
Filed: June 6, 2024, 7:59 PM ET

Additionally, in connection with Mr. Jensen’s appointment as the Company’s CEO, effective June 6, 2024, Mr. Jensen resigned from his current position as Executive Chair of the Board, and the Board has appointed Daniel Barcelo as Chair of the Board, effective on the same day.

Appointed

Daniel Barcelo

Chair of the Board

TE · T1 Energy Inc.

Effective: 2024-06-06
Filed: June 6, 2024, 7:59 PM ET

the Board has appointed Daniel Barcelo as Chair of the Board, effective on the same day.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Birger K. Steen departed as Chief Executive Officer at T1 Energy Inc..

Action: leaving
Role: Chief Executive Officer

Exact text from the filing

Birger K. Steen, the Company’s Chief Executive Officer (“CEO”), would be leaving the Company effective as of June 6, 2024, and that he will not stand for re-election as a member of the Company’s Board of Directors

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Tom Einar Jensen was appointed as Chief Executive Officer at T1 Energy Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Additionally, in connection with Mr. Jensen’s appointment as the Company’s CEO, effective June 6, 2024, Mr. Jensen resigned from his current position as Executive Chair of the Board, and the Board has appointed Daniel Barcelo as Chair of the Board, effective on the same day.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Barcelo was appointed as Chair of the Board at T1 Energy Inc..

Action: appointed
Role: Chair of the Board

Exact text from the filing

the Board has appointed Daniel Barcelo as Chair of the Board, effective on the same day.

View on SEC.gov

T1 Energy Inc. filing history →

Source: SEC EDGAR

accession 0001992243-24-000109

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