Centrus Energy Corp. Announces Management Transition
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 17, 2015--
Centrus Energy Corp. (NYSE MKT:LEU) announced today that Senior Vice
President and Chief Operating Officer Robert Van Namen will be stepping
down from his position at Centrus on May 29, 2015.
Van Namen joined the Company in 1999 as vice president of marketing and
sales and was promoted to senior vice president in 2004. Working closely
with nuclear utilities around the world, Van Namen’s marketing and sales
team built a strong record of reliability by delivering low enriched
uranium on time and meeting specifications and by being responsive to
the needs of our utility customers. Van Namen was given increased
responsibilities in 2005 when he was put in charge of the Company’s
uranium enrichment operations, including enrichment operations at the
Paducah Gaseous Diffusion Plant (GDP) and government services work at
the Portsmouth GDP. Throughout his tenure, Van Namen has been involved
with a variety of programs to develop employees and broaden
opportunities, particularly in the area of workforce diversity.
Van Namen said that steps taken over the past two years to strengthen
the Company’s financial condition, to transition to a new board of
directors and to select Daniel Poneman as the Company’s new president
and chief executive officer had brought stability to Centrus. “After 16
years with the Company and with Dan now at the helm, this is a good time
for me to consider the next phase of my career,” Van Namen said.
“I have been especially fortunate to have worked with an incredible
group of talented and professional people over the years. I leave with
the highest confidence in Centrus to continue to provide reliable fuel
supplies to the nuclear industry, providing energy security and
supporting nonproliferation efforts while advancing our Nation’s
low-carbon energy strategy,” Van Namen said.
Poneman said that Centrus had benefited from Van Namen’s leadership,
close working relationship with customers and expertise in managing the
uranium enrichment enterprise. “We appreciate Bob’s dedicated service to
the Company and the great strides his team has made to advance an
American enrichment capability, including important efforts in Ohio and
Tennessee,” Poneman said.
Centrus Energy Corp. is a trusted supplier of enriched uranium fuel for
a growing fleet of international and domestic commercial nuclear power
plants.
Source: Centrus Energy Corp.
Centrus Energy Corp.
Media:
Jeremy Derryberry, 301-564-3392
or
Investors:
Don
Hatcher, 301-564-3460
