Ames Brown has been appointed to serve as Energy Fuels Inc.’s ninth member of its board of directors, the company announced on Wednesday.
Brown currently serves as the chief investment officer at Capital Counsel Management LLC (CCM).
“On behalf of the entire board and management team of Energy Fuels, we welcome Mr. Brown to our board of directors,” Energy Fuels President and CEO Stephen Antony said. “I expect his experience in finance, natural resources, econometrics and investment management to add value as the company continues to grow during these exciting times in the uranium industry. Energy Fuels is emerging as a dominant uranium producer in the U.S., with both conventional and in situ production.”
Brown has also served in financial management positions at Wells Fargo. At CCM, he oversees the company’s portfolio of global investments which includes gas and oil industries, financial services and mining.
Brown holds an MBA and a master’s in strategic communication from Columbia University.
“As the U.S. seeks to expand the use of clean energy, including nuclear power which currently produces about two-thirds of the emission-free electricity generated in the U.S., uranium demand is expected to rise,” Antony said. “We believe that Mr. Brown’s unique skill-set will help prepare Energy Fuels to capitalize on these positive long-term market fundamentals, and that through his funds’ significant ownership of Energy Fuels’ common shares, Mr. Brown is well-aligned with other Energy Fuels shareholders.”
