Westwater Resources Announces Executive Management Changes
Westwater Resources, Inc. (NYSE American: WWR), a battery-grade, natural graphite development company (“Westwater” or the “Company”) today announced the retirement of Jeffrey L. Vigil, Chief Financial Officer (CFO) and Vice President – Finance, effective August 26, 2022. Chief Accounting Officer (CAO) Steven M. Cates has been elected Westwater’s new CFO and Vice President – Finance, also effective August 26, 2022.
“Following over nine years of distinguished service and after positioning the Company for financial success in the ongoing construction and planned operation of the Kellyton graphite processing facility in Alabama, Mr. Vigil will retire at the end of August,” said Terence J. Cryan, Executive Chairman of the Board of Directors. “The Board and entire management team extend their sincere thanks to Mr. Vigil for his dedication and contributions to the Company. We wish him a happy and healthy retirement.”
Since joining Westwater in May 2021, Mr. Cates has been extensively involved in all aspects of the Company’s finance, capital markets and accounting activities, including responsibility for Westwater’s SEC reporting, treasury, tax, and risk management functions. “As part of a thoughtful and planned succession strategy beginning last year, the Board has now elected Mr. Cates as the Company’s new CFO and Vice President – Finance,” added Mr. Cryan. “He will continue to work closely with the management team based in Denver and he will oversee financial activities associated with the completion of construction activities at the Kellyton graphite processing facility in Alabama.”
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Prior to joining Westwater, Mr. Cates served as the Vice President – Controller for Apartment Income REIT Corp. (NYSE: AIRC), a real estate investment trust focused on apartment communities (2019-2021), as corporate controller for Caliber Midstream Partners, LP, an energy and oil infrastructure company (2016-2019), and in various accounting and financial reporting roles at American Midstream Partners, LP (2013-2016), Newmont Mining Corporation (NYSE: NEM) (2012-2013), and Thompson Creek Metals Company Inc. (2009-2012). Mr. Cates began his career at KPMG in 2002, where he served as senior manager for audit and advisory services. Mr. Cates earned a Bachelor of Science degree in Accounting from the University of Redlands, and he is a Certified Public Accountant in the State of Colorado.