Stuart MacVean, the president and CEO of Fluor-led Savannah River Nuclear Solutions, the prime contractor for the Department of Energy’s Savannah River Site in South Carolina, plans to retire in a few weeks, he said in a Monday memo to employees.
“Although I’ll be around for a few more weeks, I bid a fond farewell and I leave with the confidence of knowing that SRNS’s [Savannah River Nuclear Solution’s] future will be in the capable hands of this executive team and my successor, who will be named shortly,” MacVean said in the email to employees, which was viewed by Exchange Monitor.
A 40-year veteran of the nuclear industry, MacVean joined SRNS in 2016 after having previously been vice president of operations for the Fluor government group’s environmental and nuclear business line, according to the contractor’s online biography.
“In the past seven years, we have grown significantly with increased production in the Savannah River Tritium Enterprise; stood up three NNSA [National Nuclear Security Administration] capital projects and made unprecedented progress; assumed responsibility for MOX [Mixed Oxide Fuel Fabrication Facility] termination in short order, [and] improved the business portfolio of the Savannah River National Laboratory such that it could become a stand-alone business,” MacVean said in the announcement.
SRNS has also successfully extended what started out as an initial five-year contract to 19 years, MacVean said.
Last September DOE issued a potential five-year extension to the SRNS contract, now valued at $24 billion.
Savannah River Nuclear Solutions, previously a partnership of Fluor, Huntington Ingalls Industries and Honeywell, is down to Fluor and Huntington Ingalls after Honeywell announced the sale of its stake for an undisclosed amount.
