Private equity firm J.F. Lehman & Co. has announced the promotions of two directors who have been involved in management of its nuclear cleanup and waste businesses.
Glenn Shor is being elevated to partner and David Thomas to principal, according to a Dec. 20 press release from the New York City-based company.
Shor has been with Lehman since 2010 and most recently served as a director for four businesses, including NorthStar Group Services and Waste Control Specialists.
Thomas also joined Lehman in 2010. His portfolio as director also covered NorthStar and Waste Control Specialists (WCS).
Lehman in June 2017 acquired NorthStar, a New York City-based demolition and decommissioning specialist with over 4,500 employees. The company is completing its acquisition of the retired Vermont Yankee nuclear power plant. Once the deal with owner Entergy is complete, NorthStar will assume all responsibility for decommissioning, site restoration, and spent fuel management at the site.
In January 2018, Lehman bought WCS from holding company Valhi Inc. Waste Control Specialists primarily operates a facility in Andrews County, Texas, for disposal of low-level radioactive waste and other waste types. It has applied for a Nuclear Regulatory Commission license to build and operate a facility for temporary storage of spent fuel from U.S. commercial power reactors.
