Uranium One Inc. today announced that its Board of Directors has appointed Chris Sattler as the Company’s Chief Executive Officer.
Mr. Sattler joined Uranium One in 2006 and since 2009 has served as Executive Vice President, Corporate Development and Investor Relations. In this capacity he has been instrumental in the growth and development of Uranium One’s business worldwide. Prior to joining Uranium One, he worked as an investment banker for a major Canadian investment dealer. Mr. Sattler holds a B.Sc. in Mining Engineering from Queen’s University and an MBA from London Business School.
Mr. Sattler succeeds Jean Nortier, who has returned to South Africa with his family for personal reasons. Mr. Nortier will remain a member of the Company’s Board of Directors.
Ian Telfer, Chairman of Uranium One, commented: “The Board is very pleased that Chris has agreed to become CEO of the Company. He has been a vital part of our leadership team and instrumental in developing our strategy. We are confident Chris will continue the successful trajectory that currently defines Uranium One. We are also very happy that Jean Nortier has agreed to remain as a Director so that we can continue to benefit from his knowledge and experience. Jean led the Company very successfully during a challenging time and we are grateful that his strong relationship with the Company will continue." Mr. Sattler will take up his new duties on February 1 and join the Company’s Board of Directors. Mr. Terry Rosenberg, a director of the Company since 2007, will be retiring from the Board at that time.