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Friday, 16 September 2005

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Charles Yulish, vice president of corporate communications for USEC Inc., will retire on Sept. 23. Yulish has been USEC's principal spokesperson since he joined the company in 1995.

John Welch will be joining USEC as president and chief executive officer on Oct. 3. He will also become a member of the board of directors. James Mellor, the current president and CEO, will remain the company's chairman.

Executive Vice President and Chief Operating Officer Lisa Gordon-Hagerty will be leaving USEC, the company announced Sept. 9.

These changes come on the heels of USEC's Sept. 7 announcement that it will realign the company to focus on both current operations and the American Centrifuge, USEC's next-generation uranium enrichment technology.

The restructuring is designed to streamline USEC's organization and resize its headquarters operations, Mellor said. The reorganization affects all levels, eliminating various positions - including those at the senior level - effectinretirementsts and transferring selected functions and activities.

The new senior management team will include Robert Van Namen (senior vice president, uranium enrichment), Philip Sewell (senior vice president, American Centrifuge), Ellen Wolf (senior vice president and chief financial officer), Timothy Hansen (senior vice president, general counsel and secretary) and Lance Wright (senior vice president, human resources and administration).

Elsewhere, Richard Truly has been elected to Xcel Energy Inc.'s board of directors. Truly, a retired U.S. Navy Vice Admiral, was director director of the Department of Energy's National Renewable Energy Laboratory from 1997 until his retirement this year.

Brian Storms has been named chairman and CEO of Marsh Inc., a risk and insurance services firm, effective immediately.

The Nuclear Regulatory Commission has named Mark Cox senior resident inspector at Entergy Indian Point 2 nuclear power plant in Buchanan, N.Y.

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