TAE Technologies Taps Exxon Mobil Veteran to Lead Fusion Expansion
Fusion energy developer TAE Technologies has appointed Jeff Woodbury, a 35-year veteran of Exxon Mobil, as its new president and chief operating officer. The move signals a strategic shift for the California-based firm as it transitions from experimental research toward the commercial construction of its first utility-scale power plant.
Woodbury arrives with three decades of experience managing global energy operations and large-scale capital projects. During his lengthy tenure at Exxon Mobil, he oversaw major upstream developments and served as a corporate vice president. TAE CEO Michl Binderbauer stated that Woodbury’s operational discipline is essential for the company's evolution into a commercial enterprise capable of delivering fusion energy to the power grid.
The leadership expansion aligns with TAE’s preparations for its upcoming merger with Trump Media & Technology Group. Following the close of the deal and necessary regulatory approvals, the combined company intends to break ground on a 50 MWe fusion facility, with operations slated for the early 2030s. Future reactor designs are expected to scale up to 500 MWe, targeting both utility grids and energy-intensive industrial applications.
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