Chief Executive Officer
Danny Rice has served as Net Power’s Chief Executive Officer since 2023 and brings over 20 years of energy industry experience across various sectors including traditional energy production and transportation, energy technologies and energy transition. Danny’s career has been profiled by Forbes Magazine, Wall Street Journal, Bloomberg, and other news organizations.
Early in his career, Danny co-founded Rice Energy and led its growth from startup in 2008 into becoming one of North America’s largest public natural gas production and transportation companies, culminating in its $10 billion merger with EQT Corporation in 2017. Danny served as Rice Energy’s Chief Financial Officer from 2008-2012, Chief Operating Officer from 2012-2013, and Chief Executive Officer from its 2014 IPO until 2017.
In 2018, Danny co-founded Rice Investment Group to invest in early-stage private companies across traditional energy, energy technology, and energy transition sectors. Notable Rice Investment Group investments include Archaea Energy, XCL Resources, Pinon Resources, Cold Bore Technology, Persefoni AI, and ComboCurve. In 2020, Rice Investment Group sponsored two special purpose acquisition companies, the first of which merged with Archaea Energy in 2021, which was acquired by bp for $4.1 billion in 2022. The second merged with Net Power in 2023.
Danny’s career began with finance and strategy roles at TPH & Co., Transocean Ltd., and Tyco International plc.
Danny has served on numerous private and public company boards, including Rice Energy (NYSE: RICE, 2014-2017), Rice Midstream Partners (NYSE: RMP, 2014-2017), EQT Corp (NYSE: EQT, 2017-current), Archaea Energy Inc. (NYSE: LFG, 2021-2022), Whiting Petroleum Corporation (NYSE: WLL, 2020-2022), Rice Acquisition Corp I (NYSE: RICE, 2020-2021) and Rice Acquisition Corp II (NYSE: RONI, 2021-2022).
Danny was raised in Boston, MA and currently resides in Dallas, TX with his wife and their two daughters.