Contact Information: For more information, please contact: Mark Walker (801) 231-9194 www.EnergySolutions.com
EnergySolutions CFO Promoted to Vice Chairman, Elected to Board of Directors
| Source: EnergySolutions
SALT LAKE CITY, UT--(Marketwire - July 19, 2007) - EnergySolutions announced today J. I.
"Chip" Everest II has been elected to the Board of Directors and has been
promoted to Vice Chairman directing the strategy of the company. With the
rapid international expansion of the company and the Initial Public
Offering, the Board of Directors has determined that expansion of the
Executive team will assure continued excellent operations.
Mr. Everest's first assignment will be to secure his replacement as Chief
Financial Officer. He will serve in that capacity until his replacement is
on board.
"Chip has been my most trusted advisor and friend through three businesses
over fifteen years. I appreciate Chip being willing to step into this new
role to assure that the company continues to operate in an exemplary manner
which will allow me to do what I do best which is to grow the company
through organic growth and select acquisitions," said Steve Creamer, CEO.
"The Board of EnergySolutions could not be more appreciative to Chip for
everything he has contributed in founding and building EnergySolutions. The
incredible success of his efforts in successfully integrating several major
acquisitions over the last three years speaks for itself. We are looking
forward to working with Chip in his new capacity," said Chairman Lance L.
Hirt, also a Partner of Lindsay Goldberg, a New York-based investment firm
which is the majority investor in EnergySolutions.
"I've had a tremendous opportunity building EnergySolutions, working with
Steve for the past 15 years and I look forward to continue working with
Steve as Vice Chairman," said Mr. Everest. "I look forward to helping
EnergySolutions continue its growth and am excited by its prospects."
EnergySolutions offers customers a full range of integrated services and
solutions, including nuclear operations, characterization, decommissioning,
decontamination, site closure, transportation, nuclear materials
management, the safe, secure disposition of nuclear waste, and research and
engineering services across the fuel cycle.