An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Westwater Resources, Inc. (NYSE: WWR) announced significant management changes to fuel future growth. Effective October 1, 2022, Cevat Er has been promoted to Chief Technology Officer, overseeing the Kellyton Graphite Plant's design and engineering. Frank Bakker joins as Vice President and General Manager, focusing on the plant's construction and operations. Allison Trembly is appointed Communications and Investor Relations Manager. Both Bakker and Trembly received restricted stock units as inducement awards. These appointments aim to enhance operational leadership as Westwater advances its graphite development projects.
Frank Bakker brings extensive engineering and project management experience, likely improving plant operations.
Allison Trembly's role in communications may strengthen investor relations and public engagement.
Negative
Management changes may disrupt continuity or pose risks due to the learning curve for new executives.
CENTENNIAL, Colo.--(BUSINESS WIRE)--
Westwater Resources, Inc. (NYSE American: WWR), an energy technology and battery-grade natural graphite development company, today announced three senior management changes that are designed to position the Company for future growth and continued success.
Effective October 1, 2022, Westwater promoted Cevat Er to the position of Chief Technology Officer. Mr. Er joined Westwater in 2015, and since then he has served as Vice President – Technical Services. Mr. Er will continue to manage the ongoing design and engineering of the Kellyton Graphite Plant, Phase I of which is currently under construction. Mr. Er received a Master of Science in Geochemistry from the University of Arizona and a Bachelor of Science in Geological Engineering from Middle East Technical University.
Effective October 10, 2022, Westwater hired Frank Bakker as the new Vice President and General Manager – Alabama Graphite Products. Mr. Bakker will assume management responsibility for the construction, commissioning, and operation of the Kellyton Graphite Plant. He brings to Westwater extensive experience in engineering, project management, and plant operations for large scale facilities that produce a wide variety of industrial products. Mr. Bakker received a Master’s Degree in Mechanical Engineering from the University of Twente Netherlands, and a Master of Business Administration from the University of Massachusetts.
Effective October 10, 2022, Westwater hired Allison Trembly as the new Communications and Investor Relations Manager. Ms. Trembly will manage the Company’s communications with the public and investors, and she will oversee the Company’s website and social media presence. Ms. Trembly has worked for the City of Arvada, Colorado for the past 11 years, most recently as the Communication and Marketing Manager for the Community and Economic Development Department. Ms. Trembly received a Master’s Degree in Communication Management from Colorado State University and a Bachelor of Arts Degree in American History from Fort Lewis College.
On October 4, 2022, the Compensation Committee of the Westwater Board of Directors granted inducement awards to Mr. Bakker and to Ms. Trembly pursuant to NYSE American Company Guide Section 711. As an inducement to secure their employment, Mr. Bakker was awarded 50,097 restricted stock units (RSUs) of the Company’s common stock and Ms. Trembly was awarded 8,849 RSUs. Both awards will vest equally over two years, and both awards are subject to terms and conditions of the Westwater Employment Inducement Incentive Award Plan.
About Westwater Resources, Inc.
Westwater Resources, Inc. (NYSE American: WWR), an energy technology company, is focused on developing battery-grade natural graphite. Westwater’s primary project is the Kellyton Graphite Plant that is under construction in east-central Alabama. In addition, Westwater’s Coosa Graphite Deposit is the most advanced natural flake graphite deposit in the contiguous United States — and located across 41,900 acres (~17,000 hectares) in Coosa County, Alabama. For more information, visit www.westwaterresources.net.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as “will,” “designed to,” and other similar words. Forward looking statements in this release include, among other things, statements concerning Westwater’s future growth prospects, and the roles certain employees will play in Westwater’s future. Westwater cautions that there are certain factors that could cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Westwater; accordingly, there can be no assurance that such suggested results will be realized. Additional risks facing Westwater's future prospects are discussed in the Westwater Resources, Inc. Annual Report on Form 10-K for the year ended December 31, 2021, and subsequent securities filings.
Investor Relations
Porter, LeVay & Rose
Michael Porter, President
Phone: 212.564.4700
Email: Westwater@plrinvest.com
Source: Westwater Resources, Inc.
FAQ
What are the recent management changes at Westwater Resources (NYSE: WWR)?
Westwater Resources has appointed Cevat Er as Chief Technology Officer, Frank Bakker as Vice President and General Manager, and Allison Trembly as Communications and Investor Relations Manager.
When did the management changes take effect for Westwater Resources?
Cevat Er's promotion took effect on October 1, 2022, while Frank Bakker and Allison Trembly joined on October 10, 2022.
What roles will the new executives play at Westwater Resources?
Cevat Er will manage the Kellyton Graphite Plant's design, Frank Bakker will oversee its construction and operation, and Allison Trembly will handle communications and investor relations.
What inducement awards were granted to the new executives at Westwater Resources?
Frank Bakker received 50,097 restricted stock units, while Allison Trembly was awarded 8,849 restricted stock units, both vesting over two years.
