Trump-branded data center project CEO departs

The Hill
by Julia Shapero
April 20, 2026
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2 min read

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The CEO of Fermi America, building a Trump-branded data center, resigned amid leadership reshuffling.

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Toby Neugebauer, co-founder and CEO of Fermi America, has resigned from his role leading the company building a Trump-branded data center campus in Texas. Neugebauer's departure, announced via a securities filing, is part of a leadership reshuffling within Fermi America. This change affects the executive leadership of a significant project named after President Trump. The Dallas billionaire will, however, remain a member of the company's board.

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