Centrus Energy Corp.
Centrus Energy Announces CEO Transition
Summary
Centrus Energy Corp. announced on December 29, 2023, the resignation of Chief Executive Officer Daniel B. Poneman, effective December 31, 2023, and the appointment of Amir Vexler as his successor, effective January 1, 2024. Mr. Vexler will also join the Board of Directors. The transition follows the previously disclosed plan announced on November 20, 2023. In connection with the appointment, Mr. Vexler entered into the Company's standard indemnification agreement and change in control agreement.
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About Centrus Energy Corp.
Centrus Energy Corp. is a diversified energy company focusing on the supply of nuclear fuel and services for the global nuclear power industry. The primary function of the company is to provide enriched uranium, a critical component in the production of nuclear energy. Centrus Energy plays a significant role in the nuclear fuel cycle, participating in activities that range from uranium enrichment to nuclear fuel sales. This firm is vital to the power generation sector, particularly in regions where nuclear power is a significant energy source. With its versatile offerings, Centrus Energy engages with both domestic and international markets, reflecting its strategic importance in maintaining the reliability and efficiency of nuclear energy production. Its operations ensure the availability of supply chains for nuclear power plants, contributing to energy security and environmentally sustainable energy solutions. Headquartered in Bethesda, Maryland, Centrus continues to support the transition towards cleaner energy alternatives and remains a key player in the evolving landscape of global energy production.
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