-- enCore Energy (EU.V) on Monday said the independent members of its board of directors have unanimously voted to appoint Richard H. Little as chief executive officer, replacing Robert Willette, effective immediately.
The company said that Little will also join its board of directors, effective immediately.
"enCore Founder and former Executive Chair, William M. Sheriff, has agreed to the Board's request for his immediate return as Executive Chair," said the company.
According to a statement, Little brings over 30 years of industry and public company experience "primarily focused on enhancing production, well performance, operational efficiency, acquisitions and divestitures." Little previously served as the chief executive officer of Fury Resources, Inc. Prior to this, he served as the chief executive officer of Ajax Resources, LLC. Little also served as chief executive officer of Halcon Resources.
"Achieving our goals takes an intense management focus and strong commitment to a clear vision and path forward," said Mark Pelizza, enCore's Lead Independent Director, "With William Sheriff's proven vision and guidance, combined with Richard Little's strong track record as a seasoned operator who focuses on execution and operational rigor, enCore will be better positioned to deliver a more disciplined approach to maximizing shareholder returns. As Directors, we are committed not only to focusing on our oversight of operations but also on providing shareholders with timely disclosure. We renew our commitment to transparency and superior shareholder communications as our new management works towards the realization of exceptional potential at Dewey Burdock and Alta Mesa East."
The company's shares were last seen down $0.02 at $2.88 on the TSX Venture Exchange.
Price: $2.88, Change: $-0.02, Percent Change: -0.69%