USA Rare Earth, Inc. Announces Appointment of New Chief Financial Officer

Summary

On March 12, 2025, USA Rare Earth, Inc. announced the appointment of William Robert Steele Jr. as Chief Financial Officer, effective March 24, 2025. Mr. Steele, previously Global Chief Financial Officer of Mujin Corp., will receive an annual base salary of $400,000 and be eligible for an annual cash bonus. He will also receive an initial equity award of no less than $2,000,000. Upon commencement of his service, Christopher Boling will remain the Company's Controller but will cease to serve as the principal financial officer and principal accounting officer.