Cameco (CCJ) reports that Patrick Fragman, President and CEO of Westinghouse Electric Company, announced his intention to leave his position at Westinghouse, effective March 31, in order to spend more time with his family in Europe. Patrick has led Westinghouse since 2019. “Effective immediately, Westinghouse’s former President of Operating Plant Services Dan Sumner has been appointed deputy CEO. Starting April 1, 2025, he will serve as interim president and CEO until a new president and CEO is appointed. A recruitment process is underway, and a new president and CEO will be chosen by Westinghouse’s board. As joint owners of Westinghouse, Cameco and Brookfield each hold three seats on the board,” the company stated. Tim Gitzel, president and CEO of Cameco, added: “Westinghouse is a pioneer in the nuclear energy industry and is regarded as a leader in nuclear innovation and plant services. We thank Patrick for his leadership and wish him and his family all the best in the future.”
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