UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | March 9, 2007 |
USEC Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 1-14287 | 52-2107911 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
2 Democracy Center, 6903 Rockledge Drive, Bethesda, Maryland | 20817 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | (301) 564-3200 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 9, 2007, USEC Inc. (the "Company") announced that Timothy B. Hansen, Senior Vice President, General Counsel and Secretary of the Company, is planning to leave the Company this summer to pursue a career change.
A copy of the press release announcing Mr. Hansen’s departure is filed as Exhibit 99.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number--Description
99.1--Press release, dated March 9, 2007, issued by USEC Inc. announcing the departure of Timothy B. Hansen.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
USEC Inc. | ||||
March 9, 2007 | By: |
/s/ John C. Barpoulis
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Name: John C. Barpoulis | ||||
Title: Senior Vice President and Chief Financial Officer (Principal Financial Officer) |
Exhibit Index
Exhibit No. | Description | |
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99.1
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Press release, dated March 9, 2007, issued by USEC Inc. announcing the departure of Timothy B. Hansen. |
EXHIBIT 99.1
FOR IMMEDIATE RELEASE:
March 9, 2007
General Counsel Tim Hansen Planning to Leave USEC
BETHESDA, Md. USEC Inc. (NYSE: USU) today announced that Timothy Hansen, senior vice president, general counsel and secretary is planning to leave the Company this summer.
Hansen has worked for USEC since 1994 and held a series of positions with progressively higher responsibility. He left the Company briefly in late 2004 and returned in early 2005. Hansen said he will be making a career change, and both he and his wife will be pursuing advanced degrees in education.
I have thoroughly enjoyed many challenges and opportunities in my 13 years at USEC and developed a deep respect for the commitment and dedication of the Companys employees. This was not an easy decision, but my family and I are ready to pursue a path for personal growth that we wanted to begin in 2004. Theres no perfect time to make a career change, but weve decided our time to begin is now, Hansen said.
Chairman James R. Mellor said the Company was sorry to lose a senior officer with the knowledge, skills and temperament that Hansen has demonstrated throughout his tenure at USEC. I asked Tim to return to USEC in 2005 during the period when I was the interim chief executive officer. I told him that I needed his counsel, and he set aside his career change plans at that time. We wish Tim and his family well as they embark on a new path. I think Tim will do a great job at anything he does and working with young people is certainly a noble goal to pursue.
President and Chief Executive Officer John K. Welch said, Tim has been an integral member of senior management and a strong leader within the Company. He was invaluable to me when I joined USEC. Weve benefited from his experience at USEC from its early days, as well as his insight on the issues facing the nuclear industry today.
We especially appreciate the advance notice that Tim has provided, which will allow time for a smooth transition to new leadership of our legal function, Welch added.
USEC Inc., a global energy company, is a leading supplier of enriched uranium fuel for commercial nuclear power plants.
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Contacts
Investors: Media: |
Steven Wingfield (301) 564-3354 Elizabeth Stuckle (301) 564-3399 |
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