BETHESDA, Md.--(BUSINESS WIRE)--Aug. 21, 2003--W. Lance Wright has joined USEC Inc. (NYSE:USU) as vice president of human resources and administration. He will be responsible for the strategic direction and implementation of the Company's human resource management plans and programs for USEC's approximately 2,700 employees. Wright brings over 30 years of experience in human resources, working closely with boards of directors, company officers and employees in helping to achieve company goals.
"Lance Wright joins USEC at an exciting time," said William H. Timbers, USEC president and chief executive officer. "The Company is now entering a period in which we are moving forward with our new production technology and seeking growth opportunities. Wright brings highly valued experience to the Company as we begin the next phase of our corporate development."
Immediately prior to joining USEC, Wright was a vice president and principal at Boyden Global Executive Search, an executive search firm. Previously, he was director of human resources at Mobil Oil (now ExxonMobil Corporation) Europe, with offices in London and Brussels. While at Mobil he was responsible for HR operations involving 3,000 employees in 30 countries, and he played an instrumental role in developing the HR policies and procedures for the merger of Mobil and Exxon internationally.
Before joining Mobil, Wright held several HR positions of increasing responsibility at the Arabian American Oil Company (ARAMCO) in Saudi Arabia and the Netherlands. Early in his career, Wright was a pension and employee benefit plan specialist with TIAA-CREF, and an employee benefits consultant with Johnson & Higgins.
Wright earned his B.S. degree in political science from Eastern Michigan University and his M.S. degree in industrial relations and personnel management from the London School of Economics and Political Science.
USEC Inc., a global energy company, is the world's leading supplier of enriched uranium fuel for commercial nuclear power plants.
CONTACT: USEC Inc., Bethesda
Charles Yulish, 301-564-3391
SOURCE: USEC Inc.