March 17, 2014

ENERGYSOLUTIONS INKS NEW AGREEMENT WITH LOCKWOOD

By ExchangeMonitor

David Lockwood, the EnergySolutions CEO who engineered the company’s recent sale to investment firm Energy Capital Partners, reached a new employment agreement to continue in that position late last week. According to filings with the Securities and Exchange Commission, under the employment agreement Lockwood will be paid $600,000 as an annual base salary, with the potential for a 100 percent match cash bonus in each fiscal year, beginning in fiscal year 2014. Lockwood also received a cash payment equal to $16,819,184 in connection with the acquisition deal, which was completed May 24. Lockwood agreed to purchase $5 million in EnergySolutions stock.

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NEW: Via public records request, I’ve been able to confirm reporting today that a warrant has been issued for DOE deputy asst. secretary of spent fuel and waste disposition Sam Brinton for another luggage theft, this time at Las Vegas’s Harry Reid airport. (cc: @EMPublications)

DOE spent fuel lead Brinton accused of second luggage theft.



by @BenjaminSWeiss, confirming today's reports with warrant from Las Vegas Metro PD.

Waste has been Emplaced! 🚮

We have finally begun emplacing defense-related transuranic (TRU) waste in Panel 8 of #WIPP.

Read more about the waste emplacement here: https://wipp.energy.gov/wipp_news_20221123-2.asp

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