Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Cameco ( (TSE:CCO) ) just unveiled an announcement.
Cameco has announced the resignation of Patrick Fragman as the President and CEO of Westinghouse Electric Company, effective March 31, 2025, as he plans to spend more time with his family in Europe. Dan Sumner, former President of Operating Plant Services, has been appointed deputy CEO and will serve as interim president starting April 1, 2025, while a new president and CEO are recruited. As joint owners of Westinghouse, Cameco and Brookfield play a significant role in the appointment process, which may impact the operational and strategic direction of Westinghouse, a leader in nuclear innovation and plant services.
More about Cameco
Cameco is one of the largest global providers of uranium fuel, essential for clean-air energy solutions. With significant investments across the nuclear fuel cycle and ownership interests in Westinghouse Electric Company and Global Laser Enrichment, Cameco is crucial for utilities worldwide in generating carbon-free nuclear power. The company holds a competitive position through its control of high-grade uranium reserves and low-cost operations, with shares trading on the Toronto and New York stock exchanges.
YTD Price Performance: -1.50%
Average Trading Volume: 4,196,599
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.36B
For detailed information about CCO stock, go to TipRanks’ Stock Analysis page.
