BETHESDA, Md. - USEC Inc. (NYSE: USU) announced today that Executive Vice President Jeffry E. Sterba will join Public Service Company of New Mexico (PNM) as the company’s president.

Sterba will commence his new responsibilities in mid-March, and it is expected that he will assume the role of PNM’s CEO in the future. Sterba had previously served 21 years at PNM.

William H. (Nick) Timbers, USEC’s President and CEO, said, "Jeff has done an excellent job in ensuring a customer-focused international marketing effort and has been very creative in developing new initiatives for the company. We appreciate Jeff’s contributions and wish him well in this new role as PNM’s president."

"I have enjoyed working with Nick and the rest of the team at USEC," commented Sterba. "It’s been a very positive experience. I am also excited and honored to be taking on this significant new responsibility at PNM."

USEC Inc. is the world’s leading supplier of enriched uranium fuel for commercial nuclear power plants. A global energy company, USEC has its headquarters in Bethesda, Maryland, and operates production plants in Kentucky and Ohio.

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