Neil Subin left Centrus Energy Corp.’s board of directors on New Year’s Eve, capping a roughly six-year stint on the board.
Centrus, Bethesda, Md., announced Subin’s departure in a press release ahead of the winter holidays.
Subin, a wealth manager, remains a Centrus investor, the company said in the press release. He had been on the board since 2017, the company said. Centrus’ board planned to replace him.
Centrus brokers sales of foreign uranium fuel, much of it Russian, to U.S. utilities. The company is also developing uranium enrichment technology, including a 16-machine cascade of its AC-100M centrifuges at the Department of Energy’s Portsmouth Site near Piketon, Ohio.
Built and operated under contracts with the Department of Energy the Centrus-owned cascade at Portsmouth is designed to produce high assay low enriched uranium. In the first phase of its DOE contract to operate the machines, Centrus was to produce a 20-kilogram test batch for DOE by Dec. 31.
The company said it produced the batch ahead of schedule.
