leadf
logo-loader
viewEnergy Fuels Inc.

Energy Fuels reshuffles management team, promotes Scott Bakken and Dee Ann Nazarenus to vice president roles

As part of the reorganization, current COO Paul Goranson and chief accounting officer Matt Tarnowski will be leaving their respective roles to pursue other opportunities

Energy Fuels Inc. -
The firm said the reshuffle is part of its bid to reduce costs and flatten its organizational structure

Energy Fuels Inc (TSE:EFR) announced a series of changes to its executive team as it streamlines its focus on developing its US uranium and rare earth element assets.

The Denver-based company said Thursday has appointed Scott Bakken to vice-president of regulatory affairs to oversee permitting and operational matters as well as worker health and safety.

In addition, Bernard Bonifas will become the director of in situ recovery (ISR) operations, Sarai Luksch is joining the firm as controller, Dee Ann Nazarenus is appointed to vice president human resources and administration, and Logan Shumway becomes director of conventional operations.

READ: Energy Fuels building up uranium stocks and eyeing cash flow from rare earths within 12 months

In a statement, the firm said the reshuffle is part of its bid to reduce costs and flatten its organizational structure. As part of the reorganization, current COO Paul Goranson and chief accounting officer Matt Tarnowski will be leaving their respective roles to pursue other opportunities.

"While the U.S. uranium mining and rare earth element industries are small, there are excellent opportunities, and we have some extremely talented and knowledgeable rising professionals who have shown a true dedication to the values we uphold at Energy Fuels, including safety, environmental protection, social responsibility, meeting and exceeding regulatory standards, creativity, and continuous improvement,” CEO Mark Chalmers told shareholders in a statement.

“These individuals will be the leaders of our industry in the years and decades to come, and I look forward to witnessing their continued professional growth as we work to bring US uranium and rare earth production back to global prominence.”

Chalmers also thanked Goranson and Tarnowski for their service to the company and wished them the best in their future endeavours.

The energy firm holds three of America's key uranium production centres, including the White Mesa mill in Utah, the Nichols Ranch ISR project in Wyoming, and the Alta Mesa ISR project in Texas.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Energy Fuels Inc.

Price: 2.63 CAD

TSX:EFR
Market: TSX
Market Cap: $344.73 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Energy Fuels Inc. named herein, including the promotion by the Company of Energy Fuels Inc. in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Energy Fuels says US gov't is taking 'a step in the right direction' by...

Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSX:EFR) CEO Mark Chalmers tells Proactive that the US Department of Commerce has obtained Russia's agreement to extend limits on uranium imports into the US from Russia through 2040 under an extended Russian Suspension Agreement. Chalmers says this is an...

on 09/18/2020

2 min read