Company: LEU
Filing Date: 2025-08-08
Form Type: 8-K
Source: 0001065059-25-000061
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Company: CENTRUS ENERGY CORP
Filing Date: 2025-08-08
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 7, 2025, Kevin J. Harrill resigned as the Senior Vice President, Chief Financial Officer (“ CFO”) and Treasurer of Centrus Energy Corp. (the “ Company”) to pursue other opportunities, effective August 10, 2025. Mr. Harrill’s departure does not result from any disagreement with the Company on any matters relating to the Company's operations, policies, or practices.

In connection with Mr. Harrill’s resignation on August 7, 2025, the Board of Directors of the Company appointed Todd K. Tinelli, age 45, to succeed Mr. Harrill as Senior Vice President, Chief Financial Officer and Treasurer of the Company effective August 11, 2025. Mr. Harrill has agreed to continue his employment in an advisory role with the Company until August 29, 2025, in order to facilitate a smooth transition of duties to Mr. Tinelli. During this transition period, Mr. Harrill will continue to receive his current compensation. Prior to joining the Company, Mr. Tinelli served as CFO and Chief Operations Officer of Hartree Partners, LP and its wholly-owned subsidiary, Sprague Resources LP, beginning in January 2023 including responsibility for mergers and acquisitions, capitalized projects, corporate budgeting, banking syndicates and equity raises. From 2002-2023, Mr. Tinelli held a variety of financial roles of increasing responsibility within Sprague Resources LP, including, most recently, Treasurer and Managing Director of Finance, leading up to its merger with Hartree Partners, LP in 2022. Mr. Tinelli earned a Bachelor of Science degree in Finance, with a concentration in Accounting, from Sacred Heart University and a Master of Business Administration degree from Western Connecticut State University.

Mr. Tinelli’s annual base salary will be $425,000 and he will be eligible to receive relocation benefits in an amount not to exceed $125,000. Mr. Tinelli also will be eligible to participate in the annual cash bonus program under the Company’s 2025 Executive Incentive Plan (the “ EIP”), a sub-plan under the Company’s 2014 Equity Incentive Plan, as amended (the “2014 Plan”), pursuant to which the Compensation, Nominating and Governance Committee of the Company’s Board of Directors (the “ CN& G Committee”) approved