USEC Inc. Board of Directors Adds Two Noted Executives
BETHESDA, Md. - USEC
Inc.'s (NYSE: USU) board of directors has elected former ConocoPhillips
executive Sigmund
L. Cornelius and former Boeing Company executive Walter E. Skowronski to the board effective March 1, 2011.
Cornelius and Skowronski will also serve as members
of the board's Audit and Finance Committee.
Cornelius, 56, retired in January
2011 from ConocoPhillips, where he was senior vice president, finance, and
chief financial officer from 2008 to 2010. Prior to that, he served as senior
vice president, planning, strategy and corporate affairs from 2007 to 2008,
having previously served as president, exploration and production-lower 48
from 2006 to 2007 and president, global gas from 2004 to 2006. Cornelius
joined ConocoPhillips predecessor Conoco Inc. in 1980. He also serves on the
board of directors of Carbo Ceramics Inc.
Skowronski, 62, retired in 2009 as senior vice president of The Boeing Company
and president, Boeing Capital Corporation, a wholly owned subsidiary of The
Boeing Company, a position he held from 2003 to 2009. Prior to that, he was
Boeing's senior vice president of finance and treasurer from 1999 to 2003.
Prior to joining Boeing, Skowronski was vice
president and treasurer of Lockheed Martin and its predecessor Lockheed
Corporation from 1992 to 1999.
"We are pleased to welcome
Sig and Walt to our board of directors," said Chairman James R. Mellor.
"Cornelius brings extensive management and finance experience at a
large, diversified energy company as well as detailed knowledge of global
energy markets. His guidance will benefit the company as we look to serve
existing and emerging markets around the world.
"Skowronski
will bring additional financial expertise to the board drawn from his
experience executing large deals for Boeing's products and his extensive
relationships with global financial markets and institutions," Mellor
said. "His insights will be invaluable as we continue our progress
towards obtaining financing to complete the American Centrifuge Plant."
USEC Inc., a global energy
company, is a leading supplier of enriched uranium fuel for commercial
nuclear power plants.
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Contacts:
Media: Paul
Jacobson (301) 564-3399
Investors: Steven Wingfield (301) 564-3354
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