William H. Timbers has served as President and Chief Executive Officer of USEC Inc. since 1998, following USEC’s privatization. He was appointed USEC Transition Manager in March 1993 by President Clinton, and from 1994 to 1998, he was President and CEO of the government-owned United States Enrichment Corporation. From 1991 to 1993, Mr. Timbers was President of The Timbers Corporation, an investment banking firm based in Stamford, Connecticut. Before that, he was a Managing Director of the investment banking firm of Smith Barney, Harris Upham & Co. Inc. in New York and San Francisco.