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BETHESDA, Md. - Centrus Energy Corp. (NYSE American:LEU) announced Friday the appointment of Todd Tinelli as Senior Vice President, Chief Financial Officer, and Treasurer, effective August 11. The appointment comes as the company, now valued at $4.28 billion, has delivered impressive returns with its stock up over 250% year-to-date, according to InvestingPro data.
Tinelli will replace Kevin Harrill, who is resigning to pursue other opportunities after serving four years as CFO. Harrill will remain with the company through August 29 to ensure a smooth transition.
The incoming CFO brings over 20 years of experience in the energy industry, most recently serving as Chief Financial Officer of Sprague Resources LP, a subsidiary of Hartree Partners LP. During his 18-year tenure at Sprague, Tinelli held positions of increasing responsibility, including Treasurer and Managing Director of Finance.
In his new role, Tinelli will oversee Centrus’ financial operations, enterprise-wide optimization, and capital allocation activities.
"Todd is a strategic, results-driven leader with whom I am excited to partner as we look to capitalize on Centrus’ vast growth potential," said Centrus President and CEO Amir Vexler in the press release statement.
Harrill, who joined Centrus first as Chief Accounting Officer before becoming CFO, was credited with strengthening the company’s balance sheet and implementing internal controls that led to efficiency gains.
"It’s been an honor to work alongside such talented professionals, and I couldn’t be more proud of what our Finance team has achieved in the last few years," Harrill stated.
Want deeper insights into Centrus Energy’s financial health and growth prospects? InvestingPro subscribers get access to 17+ exclusive ProTips and comprehensive analysis through our Pro Research Report, helping investors make informed decisions about this rapidly growing nuclear fuel provider.Centrus Energy supplies nuclear fuel and services to the nuclear power industry. The company is working to restore America’s uranium enrichment capabilities and is pioneering production of High-Assay, Low-Enriched Uranium.
Tinelli holds an MBA from Western Connecticut University and a Bachelor’s degree in Finance with a minor in Accounting from Sacred Heart University.
In other recent news, Centrus Energy Corp. reported impressive financial results for the second quarter of 2025, with both earnings and revenue surpassing forecasts. The company achieved an earnings per share of $1.59, which was nearly double the anticipated $0.84, resulting in an EPS surprise of 89.29%. Revenue reached $154.5 million, exceeding the expected $130.18 million by 18.68%. These results were driven by stronger performance in its low-enriched uranium segment, attributed to favorable sales timing and contract mix. Despite the positive earnings report, BofA Securities downgraded Centrus Energy from Buy to Neutral, although they raised the price target from $210.00 to $285.00. This downgrade came despite the company’s outperformance in the quarter. The developments reflect a complex landscape for investors, balancing strong financial performance with mixed analyst perspectives.
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