Centrus names ex-DOE official as CEO

Uranium enricher Centrus Energy (NYSE:LEU) has named ex-Department of Energy (DOE) official Daniel Poneman as its new CEO, according to various published reports.

The former deputy secretary of energy Daniel Poneman will join Centrus immediately, according to published reports in the Washington Post and elsewhere. Previously known as USEC, Centrus is a U.S.-based uranium enrichment company that emerged from Chapter 11 bankruptcy reorganization a few months ago.

Poneman was nominated by President Obama to be deputy secretary of energy on April 20, 2009, and was confirmed by the United States Senate on May 18, 2009. Under then-Secretary of Energy Steven Chu, Poneman also served as COO of the DOE. Between April 23, 2013, and May 21, 2013, Poneman served as Acting Secretary of Energy, according to a DOE website.

Poneman was also a principal of The Scowcroft Group for eight years, providing strategic advice to corporations on a wide variety of international projects and transactions. Between tours of government service he practiced law for nine years in Washington, D.C. – first as an associate at Covington & Burling, later as a partner at Hogan & Hartson – assisting clients in regulatory, policy and transactional matters, international arbitration, commercial real estate financing, export controls, and sanctions and trade policy.