January 26, 2016

Sellafield Ltd. to Get New Board Chair

By ExchangeMonitor
Energy industry veteran Tony Fountain will become the new chairman of the Sellafield Ltd. board on April 1, the U.K. National Decommissioning Authority (NDA) announced last week. That is the date at which the firm that operates the Sellafield nuclear fuel recycling and decommissioning site in Cumbria, England, will become a wholly owned NDA subsidiary.
 
Fountain’s 30-year career includes a number of executive positions with oil and gas giant BP and managing the refining and marketing operations of India-based conglomerate Reliance Industries, according to a Jan. 13 NDA press release. He also served as NDA chief executive officer from 2009 to 2011.
 
Fountain will replace present Sellafield board Chair Tony Price.
 
“The position of the Sellafield Ltd chair is a hugely important one requiring someone of considerable experience in industry and first class leadership skills,” NDA Chair Stephen Henwood said in the release. “Having scoured the international market we are delighted to have secured Tony Fountain’s services. Tony will be a huge asset to Sellafield Ltd in overseeing its delivery of the NDA’s decommissioning mission at Sellafield, the most challenging across our estate.”

 

Sellafield accounts for 60 percent of the total NDA budget.

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