Centrus Appoints Larry B. Cutlip as Vice President of Field Operations
20 Maio 2016 - 9:00AM
Business Wire
Centrus Energy Corp. (NYSE MKT: LEU) announced today Larry B.
Cutlip has been appointed vice president, field operations,
effective May 23. Mr. Cutlip will lead the Company’s activities at
its Tennessee, Ohio, and Kentucky sites. In his new role, Mr.
Cutlip will be assuming the duties of Steven Penrod, vice
president, American Centrifuge, who will be leaving the Company at
the end of June after more than 36 years of company service. Mr.
Cutlip will also continue to serve as president of the Company’s
wholly owned subsidiary American Centrifuge Manufacturing, LLC.
“Larry has decades of hands-on experience with all facets of the
uranium enrichment enterprise, from manufacturing centrifuges to
plant operations,” said Daniel B. Poneman, Centrus president and
chief executive officer. “He is a strong leader with a steady hand.
With his deep technical background, Larry will ensure that Centrus
maintains its preeminence in enrichment technology so that we are
prepared to resume commercial enrichment when the time is
right.
“We will greatly miss the advice and expertise of Steve after so
many years of dedicated service to the company and the country,”
said Poneman. “We are thankful that he and Larry have worked
closely together for many years and that he has allowed time for a
smooth transition of responsibilities prior to his departure.”
Mr. Cutlip has more than 35 years of nuclear experience and has
served in several senior operations, engineering and plant
management positions at Centrus’ facilities. Most recently, he was
deputy director of the American Centrifuge Project, where he
oversaw the teams charged with meeting the requirements of the
United States Centrifuge Technology Advancement contract with Oak
Ridge National Laboratory.
Mr. Cutlip has a long history of successfully leading critical
programs for the company, including establishing the manufacturing
base for the American Centrifuge program, executing major contract
work for the Department of Energy at the Portsmouth Gaseous
Diffusion Plant site, and establishing Centrus’ transfer and
shipping capabilities at the Paducah Gaseous Diffusion Plant. He
has received numerous corporate awards for his accomplishments.
About Centrus Energy Corp.
Centrus Energy Corp. is a trusted supplier of enriched uranium
fuel for commercial nuclear power plants in the United States and
around the world. Our mission is to provide reliable and
competitive fuel goods and services to meet the needs of our
customers, consistent with the highest levels of integrity, safety,
and security.
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version on businesswire.com: http://www.businesswire.com/news/home/20160520005359/en/
Centrus Energy Corp.Media:Jeremy Derryberry,
301-564-3392orInvestors:Don Hatcher, 301-564-3460
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