Trump-branded data center project CEO departs
Summary
Toby Neugebauer, CEO and co-founder of Fermi America, the company developing a large data center campus in Texas branded with President Trump’s name, has resigned. His departure is part of wider changes in the company’s leadership.Key Facts
- Toby Neugebauer served as CEO and co-founder of Fermi America.
- Fermi America is building a big data center campus in Texas named after President Trump.
- Neugebauer stepped down from his CEO position on Friday.
- The resignation was reported in an official securities filing.
- Despite resigning as CEO, Neugebauer remains involved with the company in another role.
- The company is undergoing a reshuffle of its leadership team.
- The project is linked to President Donald Trump through branding.
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