{"id":950956,"date":"2026-04-13T16:18:22","date_gmt":"2026-04-13T20:18:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/"},"modified":"2026-04-13T16:18:22","modified_gmt":"2026-04-13T20:18:22","slug":"net-power-names-lee-shuman-as-new-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/","title":{"rendered":"Net Power Names Lee Shuman as New Chief Financial Officer"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Net Power Names Lee Shuman as New Chief Financial Officer<\/b><\/p>\n<p>DURHAM, N.C.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nNet Power Inc. (NYSE: NPWR) (\u201cNet Power\u201d or the \u201cCompany\u201d) announced Lee Shuman as the new Chief Financial Officer (CFO) effective April 13, 2026.<\/p>\n<p>\n\u201cI am pleased to welcome Lee Shuman to the Net Power team,\u201d shared Net Power\u2019s Chief Executive Officer, Danny Rice. \u201cAs part of our strategic pivot to be a leader in the commercial deployment of new clean gas power plants, Lee\u2019s proven track record\u2014 executing strategic financing for new power generation\u2014is the right experience to add and at the right time.\u201d<\/p>\n<p>\nMr. Shuman formerly served as Head of Power Finance for Javelin Global Commodities and prior to that served as the CFO of WattBridge Energy. Over the course of his 25-year career, Mr. Shuman has led the financing for over $10 billion of power-related transactions, including acquisitions, divestitures, reorganizations, and development across thermal, renewable, and distributed energy solutions. In his new role as CFO of Net Power, Mr. Shuman will lead the Company\u2019s overall financing strategy with an emphasis on project-level financing.<\/p>\n<p>\nMr. Shuman noted, \u201cI am excited to join the Net Power team where I plan to draw upon my decades of experience to lead the development of the financial engine to help commercialize their differentiated clean firm power solutions and ultimately deliver on the company\u2019s mission to transform natural gas into the lowest-cost form of clean, firm power.\u201d<\/p>\n<p>\nMr. Shuman assumes the CFO duties from Mr. Rice, who has served as the Company\u2019s interim CFO since April 2025. Mr. Rice will continue to serve as the Company\u2019s principal financial officer for SEC purposes through the date of filing the Company\u2019s Quarterly Report on Form 10-Q for the three months ended March 31, 2026, whereupon Mr. Shuman will assume the role of the Company\u2019s principal financial officer. Mr. Rice will continue his role as Chief Executive Officer.<\/p>\n<p><b>About Net Power<\/b><\/p>\n<p>\nNet Power (NYSE: NPWR) is an energy technology and project development company focused on delivering low-carbon gas power solutions. Founded in 2010, our mission is to transform natural gas into the lowest cost form of clean firm power.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260413678171r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260413678171\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260413678171\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:investors@netpower.com\">investors@netpower.com<\/a><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:media@netpower.com\">media@netpower.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North Carolina United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Alternative Energy Energy Oil\/Gas<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260413678171\/en\/2772630\/3\/Net_Power_main_logo_blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Net Power Names Lee Shuman as New Chief Financial Officer DURHAM, N.C.&#8211;(BUSINESS WIRE)&#8211; Net Power Inc. (NYSE: NPWR) (\u201cNet Power\u201d or the \u201cCompany\u201d) announced Lee Shuman as the new Chief Financial Officer (CFO) effective April 13, 2026. \u201cI am pleased to welcome Lee Shuman to the Net Power team,\u201d shared Net Power\u2019s Chief Executive Officer, Danny Rice. \u201cAs part of our strategic pivot to be a leader in the commercial deployment of new clean gas power plants, Lee\u2019s proven track record\u2014 executing strategic financing for new power generation\u2014is the right experience to add and at the right time.\u201d Mr. Shuman formerly served as Head of Power Finance for Javelin Global Commodities and prior to that served as the CFO of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Net Power Names Lee Shuman as New Chief Financial Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-950956","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Net Power Names Lee Shuman as New Chief Financial Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net Power Names Lee Shuman as New Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Net Power Names Lee Shuman as New Chief Financial Officer DURHAM, N.C.&#8211;(BUSINESS WIRE)&#8211; Net Power Inc. (NYSE: NPWR) (\u201cNet Power\u201d or the \u201cCompany\u201d) announced Lee Shuman as the new Chief Financial Officer (CFO) effective April 13, 2026. \u201cI am pleased to welcome Lee Shuman to the Net Power team,\u201d shared Net Power\u2019s Chief Executive Officer, Danny Rice. \u201cAs part of our strategic pivot to be a leader in the commercial deployment of new clean gas power plants, Lee\u2019s proven track record\u2014 executing strategic financing for new power generation\u2014is the right experience to add and at the right time.\u201d Mr. Shuman formerly served as Head of Power Finance for Javelin Global Commodities and prior to that served as the CFO of &hellip; Continue reading &quot;Net Power Names Lee Shuman as New Chief Financial Officer&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-13T20:18:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260413678171r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/net-power-names-lee-shuman-as-new-chief-financial-officer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/net-power-names-lee-shuman-as-new-chief-financial-officer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Net Power Names Lee Shuman as New Chief Financial Officer\",\"datePublished\":\"2026-04-13T20:18:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/net-power-names-lee-shuman-as-new-chief-financial-officer\\\/\"},\"wordCount\":412,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/net-power-names-lee-shuman-as-new-chief-financial-officer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260413678171r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/net-power-names-lee-shuman-as-new-chief-financial-officer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/net-power-names-lee-shuman-as-new-chief-financial-officer\\\/\",\"name\":\"Net Power Names Lee Shuman as New Chief Financial Officer - 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(NYSE: NPWR) (\u201cNet Power\u201d or the \u201cCompany\u201d) announced Lee Shuman as the new Chief Financial Officer (CFO) effective April 13, 2026. \u201cI am pleased to welcome Lee Shuman to the Net Power team,\u201d shared Net Power\u2019s Chief Executive Officer, Danny Rice. \u201cAs part of our strategic pivot to be a leader in the commercial deployment of new clean gas power plants, Lee\u2019s proven track record\u2014 executing strategic financing for new power generation\u2014is the right experience to add and at the right time.\u201d Mr. Shuman formerly served as Head of Power Finance for Javelin Global Commodities and prior to that served as the CFO of &hellip; Continue reading \"Net Power Names Lee Shuman as New Chief Financial Officer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-13T20:18:22+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260413678171r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Net Power Names Lee Shuman as New Chief Financial Officer","datePublished":"2026-04-13T20:18:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/"},"wordCount":412,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260413678171r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/net-power-names-lee-shuman-as-new-chief-financial-officer\/","name":"Net Power Names Lee Shuman as New Chief Financial Officer - 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