USEC Names Paul Sullivan Vice President of American Centrifuge Following Russell Starkey Retirement Announcement
BETHESDA, Md.--(BUSINESS WIRE)--Jun. 2, 2009--
USEC Inc. (NYSE:USU) today appointed Paul Sullivan vice president of
American Centrifuge, effective July 1, 2009. In this position, Sullivan
will oversee all aspects of the American Centrifuge technology’s
research and development and the construction of the American Centrifuge
Plant in Piketon, Ohio.
Sullivan replaces Russell Starkey, who has informed the company of his
intention to retire at the end of the year. Starkey will continue to
serve as an officer with the Company through the transition, reporting
directly to USEC President and CEO John K. Welch.
“USEC is grateful to Russ for his 12 years of service to the company
including as general manager of our Paducah plant, at headquarters as
vice president of operations and finally as vice president of the
American Centrifuge program. There isn’t much at USEC today that hasn’t
benefited from Russ’ involvement,” said Welch. “Under his leadership, we
have made significant progress on the American Centrifuge Plant and have
moved closer to our goal of beginning commercial operations. We are very
fortunate to have someone with Paul’s expertise and background to see us
through to the finish line.”
Sullivan previously served as USEC’s vice president of operations and
chief engineer, where he was responsible for USEC’s Paducah plant
production operations and contract work for the U.S. Department of
Energy (DOE) at the Paducah, Ky., and Piketon, Ohio, plant facilities.
While Sullivan will remain as chief engineer, the general managers of
USEC’s Paducah plant and USEC Government Services in Piketon will report
to Bob Van Namen, senior vice president of uranium enrichment, on an
interim basis.
Sullivan brings to the American Centrifuge program experience in leading
major construction projects. During a 34-year Navy career, Sullivan
served as Commander of Naval Sea Systems Command, Chief Engineer of the
Naval Sea Systems Command and Program Manager of the Virginia and Seawolf
submarine classes. Under his leadership, American shipyards delivered 22
new ships, 63 major ship overhauls and more than 140 private sector
overhauls.
USEC’s American Centrifuge Plant, under construction since 2007, has a
planned initial capacity of 3.8 million separative work units from
approximately 11,500 AC100 series centrifuge machines. USEC’s American
Centrifuge technology is based on technology initially developed by DOE
during the 1970s and ‘80s. USEC has modified and improved this
technology through the use of modern materials, advanced computer-aided
design, digital controls and state-of-the-art manufacturing processes.
USEC Inc., a global energy company, is a leading supplier of enriched
uranium fuel for commercial nuclear power plants.
Source: USEC Inc.
USEC
Media: Elizabeth Stuckle, 301-564-3399
Investors:
Steven Wingfield, 301-564-3354
