Vol. 8, No. 90

Commercial Decommissioning

Holtec hits back at ex-CFO’s allegations of corporate overvaluing 

In court documents filed Monday Holtec International, Jupiter, Fla., formally denied its ex-finance chief’s allegations that the company overvalued itself in an investor pitch.  Holtec also said the former chief financial officer, Kevin O’Rourke, acted maliciously and breached a non-disclosure agreement by filing a lawsuit that detailed, among other things, Holtec’s attempts to woo Hyundai […]
  • Commercial Decommissioning

    Holtec promotes two as part of leadership realignment

    Looking toward a future as a developer of small nuclear reactors, Holtec International, Jupiter, Fla., added power generation to the responsibilities of its lead decommissioning executive, the company announced Monday. Kelly Trice is now president Nuclear Generation and Decommissioning for Holtec, the company wrote in a press release. In his new role, Kelly will now […]

  • Reindustrialization & Redevelopment

    Oak Ridge community reuse organization closing after quarter century

    A community organization focused on reindustrialization around the Department of Energy’s Oak Ridge Site in Tennessee will close up shop within two years, the group said last week. The Community Reuse Organization of East Tennessee (CROET) is starting the “orderly, planned closing of the CROET Corporation and its affiliate organization, Heritage Center, LLC,” CROET announced […]

  • Contracts & Procurement

    Longtime Bechtel hand joins Atkins board of directors

    Atkins Nuclear Secured Holding Corp. has appointed a former Bechtel National executive, Michael Hughes, to serve as an outside director on the Atkins board of directors, the company said in a Monday press release. Hughes, who has 35 years of experience leading nuclear ventures around the Department of Energy’s weapons complex, will provide oversight for […]

  • Cleanup & Remediation

    Publication Notice

    Weapons Complex Morning Briefing will be published on Tuesday and Thursday only during the weeks of Aug. 14, 2023 and Aug. 23, 2023, as part of the Exchange Monitor’s annual August recess.

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