secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2023-11-20T23:59:59+00:00
Accession:  0001065059-23-000075
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centrus Energy names Amir Vexler as CEO effective Jan 1, 2024, succeeding Daniel Poneman
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- Amir Vexler succeeds Daniel B. Poneman as CEO effective January 1, 2024; Poneman's departure not due to any disagreement.
- Vexler previously served as President and CEO of Orano USA and spent 20 years at GE, including CEO of Global Nuclear Fuel.
- Vexler's base salary set at $810,000 annually, eligible for bonus up to 125% of salary and 20,000 RSUs vesting over 5 years.
- Poneman led Centrus for 8 years, returning company to profitability in 2021 and achieving first U.S. HALEU production in October 2023.
- Market cap grew 20-fold since 2015 to over $800 million under Poneman's tenure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000106505923000075/0001065059-23-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000106505923000075/leu-20231116.htm
  HTML page:      https://secwatch.observer/filing/0001065059-23-000075

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