Philip G. Sewell

Senior Vice President & Chief Development Officer

Philip G. (Phil) Sewell is senior vice president and chief development officer at USEC Inc. He is responsible for corporate and business development activities, including USEC’s American Centrifuge commercialization planning efforts to complete the process for commercial deployment of the American Centrifuge Plant, identifying and evaluating alternative business strategies, implementing the purchase and sale of SWU under the Transitional Supply Contract with Russia, and successfully completing the Megatons to Megawatts program. He also oversees USEC’s marketing and sales activities with its commercial customers.
 
Mr. Sewell has previously overseen the American Centrifuge program and has been instrumental in implementing the Russian HEU (highly enriched uranium) contract.. Mr. Sewell joined USEC in 1993 and served as vice president for corporate development and international trade and security. Additional responsibilities that Mr. Sewell has had at USEC include management of R&D programs for the American Centrifuge and SILEX laser technologies.

For five years prior to joining USEC, Mr. Sewell served as deputy assistant secretary at the Department of Energy (DOE) where he was responsible for the overall management of the uranium enrichment activities. He maintained a market leadership position for the business in a highly competitive no-growth market, completed the successful demonstration of a promising laser enrichment process and negotiated a $12 billion purchase of low enriched uranium derived from highly enriched uranium from dismantled Russian nuclear weapons. From 1975 to 1987, Mr. Sewell held positions of increasing responsibility in DOE’s uranium enrichment program.

Prior to joining DOE, Mr. Sewell spent seven years as a manager/engineer with the Department of Defense where he performed analyses of rocket propulsion technology, developed and implemented plans to market engineering services to other government agencies and NATO countries, and served as a naval technical representative to NATO.

Mr. Sewell earned a master of science degree in business administration from George Washington University and a bachelor of science degree in aerospace engineering from the University of Maryland.

USEC Inc. (NYSE: USU), a global energy company, is a leading supplier of enriched uranium fuel for commercial nuclear power plants.