NuScale Power Announces Charles “Chuck” Goodnight as Vice President of Sales

Rhea-AI Summary

NuScale Power has appointed Chuck Goodnight as Vice President of Sales, enhancing its executive leadership team. This strategic move aligns with NuScale's goal to advance its global sales strategy and drive efficiencies. Goodnight brings over 30 years of experience in the nuclear industry, having held significant roles in various nuclear energy organizations. His expertise is expected to facilitate business development and commercialization efforts for NuScale’s innovative small modular reactor technology, which can generate up to 924 MWe.

Positive

• Appointment of Chuck Goodnight as VP of Sales to enhance global sales strategy.
• Goodnight brings 30+ years of nuclear industry expertise.
• Focus on business development and commercialization of small modular reactors.

Negative

• None.

Chuck Goodnight joins NuScale Power as Vice President of Sales as NuScale continues advancing towards commercialization

PORTLAND, Ore.--(BUSINESS WIRE)-- NuScale Power (NuScale), the industry-leading provider of proprietary and innovative advanced small modular nuclear reactor technology, today announced the addition of Charles “Chuck” Goodnight to its executive leadership team as Vice President of Sales. The appointment of Goodnight comes as NuScale continues to s develop and execute its global sales strategy, which is projected to create new opportunities and drive efficiencies for the company.

Charles "Chuck" Goodnight, Vice President of Sales, NuScale Power (Photo: Business Wire)

Reporting to Clayton Scott, Executive Vice President of Business Development, Goodnight will lead the creation of new business opportunities for NuScale and help lead the development and implementation of sales and marketing programs. Goodnight joins NuScale with extensive executive-level nuclear energy industry expertise, having spent more than 30 years supporting the industry, including nuclear plant design companies, public and investor-owned nuclear operating organizations, engineering, procurement and construction firms, and institutional organizations such as the International Atomic Energy Agency, the Electric Power Research Institute, the U.S. Department of Energy Laboratory complex, and international Ministries of Energy.

“We are pleased to welcome Chuck to our leadership team,” said John Hopkins, NuScale Power President and Chief Executive Officer. “His many roles and responsibilities in the nuclear energy industry throughout his career will bring great value to NuScale as we expand our business development efforts and continue moving towards commercialization.”

Prior to joining NuScale, Goodnight was a Partner in the Energy & Utilities practice at Arthur D. Little (ADL), a leading global management consultancy, where he also led the firm’s global Nuclear Competence Center. Prior to ADL, Goodnight founded and led Goodnight Consulting (GCI) for almost 20 years, serving the global electric power industry, with a focus on nuclear power generation. Mr. Goodnight, through GCI, provided management consulting to senior executives at utilities in North America, Europe, Africa, and the Middle East.

Across the electric utility sector, Goodnight has led staffing and cost analyses, strategic planning, compensation benchmarking, process analyses, outage analyses and organizational design changes for generation, transmission, distribution, and administrative organizations at over thirty electric utilities in more than 20 countries.

Goodnight holds a BS in Government and Politics and an MS in Computer Systems Management (combined MBA & Computer Science degree), both from the University of Maryland.

About NuScale Power

NuScale Power (NYSE: SMR) is poised to meet the diverse energy needs of customers across the world. It has developed small modular reactor (SMR) nuclear technology to supply energy for electrical generation, district heating, desalination, commercial-scale hydrogen production and other process heat applications. The groundbreaking NuScale Power Module™ (NPM), a small, safe pressurized water reactor, can generate 77 megawatts of electricity (MWe) and can be scaled to meet customer needs. NuScale’s 12-module VOYGR™-12 power plant is capable of generating 924 MWe, and NuScale also offers four-module VOYGR-4 (308 MWe) and six-module VOYGR-6 (462 MWe) power plants, as well as other configurations based on customer needs.

Founded in 2007, NuScale is headquartered in Portland, Ore., and has offices in Corvallis, Ore.; Rockville, Md.; Charlotte, N.C.; Richland, Wash.; and London, UK. For more information, please visit NuScale Power's website or follow us on Twitter, Facebook, LinkedIn and Instagram.

Forward Looking Statements

This release may contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical facts. These forward-looking statements are inherently subject to risks, uncertainties and assumptions. Actual results may differ materially as a result of a number of factors. Caution must be exercised in relying on these and other forward-looking statements. Due to known and unknown risks, NuScale’s results may differ materially from its expectations and projections. While NuScale may elect to update these forward-looking statements at some point in the future NuScale specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing NuScale’s assessments of any date subsequent to the date of this release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221021005057/en/

Diane Hughes, Vice President, Marketing & Communications, NuScale Power

dhughes@nuscalepower.com

(C) (503) 270-9329

Source: NuScale Power

FAQ

What is the recent leadership change at NuScale Power (SMR)?

NuScale Power has appointed Chuck Goodnight as Vice President of Sales.

How will Chuck Goodnight's appointment impact NuScale Power's sales strategies?

Goodnight's extensive experience in the nuclear industry is expected to enhance NuScale's global sales strategy.

What is Chuck Goodnight's background in the nuclear industry?

Goodnight brings over 30 years of experience, having worked with various nuclear energy organizations.

What technology does NuScale Power specialize in?

NuScale Power specializes in small modular reactor technology.

What is the power generation capacity of NuScale's reactors?

NuScale's reactors can generate up to 924 megawatts of electricity.