BETHESDA, Md., Nov. 20, 2023 /PRNewswire/ — Centrus Energy Corp (NYSE American: LEU) has announced that Amir Vexler will take over as Chief Executive Officer on January 1, 2024, succeeding Daniel B. Poneman. The decision reflects the culmination of a thorough succession planning process, ensuring a seamless transition in leadership at Centrus.
Amir Vexler brings with him a wealth of experience in the nuclear industry, having served as President and CEO of Orano USA since 2021. Throughout his career, Vexler has displayed exceptional leadership skills and expertise in nuclear fuel operations, manufacturing, engineering services, commercial operations, and business development. His role at Orano USA involved overseeing various aspects of the nuclear fuel industry, including sales, decommissioning services, used nuclear fuel management, and medical isotopes. Prior to his tenure at Orano USA, Vexler spent two decades at General Electric Company, where he held several leadership positions in the nuclear division.
Centrus Energy, a trusted supplier of nuclear fuel and services, has experienced significant growth and success under the leadership of Daniel Poneman. During his eight-year tenure, Poneman oversaw the rebuilding of the company’s order book, strengthened its balance sheet, and achieved profitability in 2021. His efforts also led to the establishment of the first U.S.-owned uranium enrichment plant in 70 years and marked a milestone in advancing America’s nuclear capabilities.
Chairman of the Board of Directors, Mikel Williams, expressed gratitude for Poneman’s exceptional leadership and acknowledged the strength of Centrus as Vexler takes the helm. Williams emphasized Vexler’s proven track record of success and his ability to drive growth and development in the coming years.
Amir Vexler expressed excitement about joining Centrus at a pivotal time for the industry. With the production of High-Assay Low-Enriched Uranium (HALEU) beginning at Centrus’ Ohio plant, the company is well-positioned to play a vital role in the future of nuclear energy. Vexler recognizes Centrus’ growth potential and aims to contribute to America’s energy security and national security needs.
Centrus Energy is committed to providing reliable and diverse nuclear fuel sources to its utility customers. With its technical and engineering capabilities, the company is also at the forefront of developing next-generation centrifuge technologies to restore America’s domestic uranium enrichment capability.
FAQ:
Q: Who will succeed Daniel Poneman as CEO of Centrus Energy?
A: Amir Vexler will take over as CEO on January 1, 2024.
Q: What is Amir Vexler’s background in the nuclear industry?
A: Amir Vexler brings extensive experience in the nuclear industry, with a background in manufacturing, engineering services, commercial operations, and business development.
Q: What has Daniel Poneman accomplished during his tenure as CEO of Centrus Energy?
A: Daniel Poneman oversaw the rebuilding of Centrus Energy’s order book, strengthened its balance sheet, achieved profitability in 2021, and established the first U.S.-owned uranium enrichment plant in 70 years.
Q: What are Centrus Energy’s goals for the future?
A: Centrus Energy aims to continue providing reliable and diverse nuclear fuel sources to its utility customers while advancing the development of next-generation centrifuge technologies to restore America’s domestic uranium enrichment capability.