Oklo files 8-K: director / officer changes
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Election of Directors On April 10, 2026, the Board of Directors (the “Board”) of Oklo Inc. (the “Company”) approved an increase in the size of the Board to eleven directors and appointed David Christian, Derek Kan, David Park, and Dr. Mark Peters to serve as directors. Messrs. Kan and Park were appointed as Class I directors, Dr. Peters was appointed as a Class II director, and Mr. Christian was appointed as a Class III director, in each case to serve until his successor is duly elected and qualified or until his earlier resignation or removal.
There is no arrangement or understanding pursuant to which any of Messrs. Christian, Kan, Park, and Peters were appointed to the Board. The Board has determined that each of Messrs. Christian, Kan, Park, and Peters qualifies as an independent director under the New York Stock Exchange listing standards. There are no transactions between the Company and any of Messrs. Christian, Kan, Park, and Peters that would be reportable under Item 404(a) of Regulation S-K. Messrs. Christian, Kan, Park, and Peters will receive compensation consistent with that provided to non-employee directors as described in the Company’s non-employee director compensation program.
On April 10, 2026, the Board appointed Michael Thompson as its Lead Independent Director, effective immediately.
Resignation of Officer On April 8, 2026, the Company and Patrick J. Schweiger, the Company’s Chief Technology Officer, reached mutual agreement to transition Mr. Schweiger from Chief Technology Officer to a non-executive role as a senior technical advisor.
Oklo Announces Changes to its Board of Directors and Management Team to Support its Continued Growth • Oklo welcomes Dr. Mark Peters, David Christian, Derek Kan, and David Park as new directors, bringing decades of experience executing complex and highly technical projects across a range of industries • Oklo appoints Michael Thompson as Lead Independent Director • Oklo announces plan to transition Pat Schweiger from Chief Technology Officer to a senior technical advisor SANTA CLARA, Calif.–(BUSINESS WIRE)–Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, today announced changes to its Board of Directors and management team designed to enable Oklo to meet its ambitious deployment goals across its integrated power-fuel-isotopes business. “Over the past two years, we have built distinct business units responsible for powerhouses, fuel, fuel recycling, and isotopes.
Each of these businesses has unprecedented tailwinds, but also distinct goals and needs. To capitalize on the scale of opportunity, we are bringing additional technical and execution experience to our Board and our team,” said Oklo co-founder and CEO Jacob DeWitte. “The changes we are announcing today are just the first part of an expansion that will allow us to move faster and do more simultaneously.” Oklo appoints four new directors Oklo has appointed Dr. Mark Peters, David Christian, Derek Kan, and David Park to its Board of Directors, effective April 10, 2026. This expansion adds a wide range of experienced executives from different industries who have been responsible for completing complicated and highly technical projects in the nuclear, energy, industrial, and infrastructure sectors. “We welcome Mark, David, Derek, and David to our Board of Directors,” said DeWitte.
“As we begin to build a wide range of facilities required to achieve our ambitious goal of jumpstarting the advanced nuclear energy sector in the United States and around the world, we are excited to lean on the decades of experience that they bring to our Board.” “In order to support the world’s need for clean, reliable, and affordable energy, we need to be able to execute quickly and efficiently,” said Caroline DeWitte, Oklo co-founder and COO. “Each of these four new additions to our Board has a unique background and set of skills that we can learn from, and we look forward to benefiting from their vast operational experience in different industries and environments.” About Oklo’s new directors Dr. Mark Peters is the president and chief executive officer of MITRE, the global not-for-profit company that manages R&D centers around the world.
A recognized expert in nuclear energy and national security, Peters spent more than 25 years leading scientific and engineering discovery for federally funded R&D centers. Prior leadership roles include serving as the executive vice president for laboratory management and operations at Battelle Memorial Institute, director of the Idaho National Laboratory, and president of Battelle Energy Alliance
LLC, all of which are large R&D centers focused on nuclear energy, national and homeland security, and energy and environmental science and technology. Peters also served two years as chair of the National Laboratory Directors’ Council, an independent body that coordinates initiatives and advises the Department of Energy and other national laboratory stakeholders. Peters was awarded the 2023 Henry DeWolf Smyth Nuclear Statesman Award, which recognizes individuals for outstanding service in developing and guiding the peaceful uses of nuclear energy. He is a member of the National Academy of Engineering and the Virginia Academy of Science, Engineering, and Medicine. Peters is a Fellow of the American Nuclear Society (ANS), where he also serves as ANS Vice President and President-Elect. He also serves on the Idaho Power Board and the National Academies Board on Human-Systems Integration.
David Christian is the former executive vice president and chief innovation officer for Dominion Energy. Christian joined Virginia Power in 1976 and has held a variety of management positions with the company. Before being named CEO-Dominion Generation Group in June 2009, Christian was chief nuclear officer of the company’s Dominion Nuclear business unit. He became chief executive officer of the Energy Infrastructure Group and CEO-Dominion Virginia Power in January 2016 and assumed his post before retiring in January 2017. Christian is chairman of the National Nuclear Accrediting Board and served on the management committee of the Institute for Electric Innovation at the Edison Electric Institute. He is past chairman of the Board of Directors of Nuclear Energy Insurance Ltd., for which he also served on its executive and governance committees.
He served as a board member of the Foundation for Nuclear Studies and board member emeritus of CultureWorks. Derek Kan is a senior executive whose career bridges the worlds of technology, high-growth startups, public company board governance, and federal policy. Kan currently serves as Vice President of Business Operations at Shopify, where he led company-wide strategy and spearheaded AI implementation and technology cost optimization across its global operations. He joined Shopify following its acquisition of Deliverr, a technology-enabled e-commerce fulfillment platform where he served as Chief Business Officer. He also served as General Manager for Lyft in Southern California, then the largest ridesharing market in the world.
Earlier in his government career, Kan issued the first federal guidance framework for autonomous vehicles and launched a national drone pilot program, positioning him at the intersection of technology policy and emerging innovation. Kan currently serves as Vice Chairman of the United States Postal Service Board of Governors, appointed by President Biden and unanimously confirmed by the Senate in May 2022. Kan also serves on the Board of Directors of Toll Brothers (NYSE: TOL), the nation's leading luxury homebuilder, and Globe Life Inc. (NYSE: GL), a company that offers a range of insurance products. Kan previously served on the board of Amtrak, where he helped guide the railroad from a $300 million annual operating loss to breakeven, and as a Board Observer for Rand Logistics (now Mainstay).
Kan has also spent a significant amount of time in public service, serving as Deputy Director of the White House Office of Management and Budget, Under Secretary for Policy at the U.S. Department of Transportation, and as Chief Economic Policy Advisor to the then majority leader of the U.S. Senate. David Park is the current CEO of Standard Lithium (NYSE: SLI), a publicly-traded commercial lithium company operating multiple facilities across the United States. Park has a strong energy and industrial sector background, with over 28 years of increasing responsibilities at a range of companies, including as President of Koch Strategic Platforms, Senior Vice President of Strategy and Business Development of Georgia-Pacific, LLC, President of TrueNorth Energy, and CFO of Koch’s Canadian exploration and production, pipeline, and energy trading business at Koch Exploration.