Energy Fuels has appointed Jeffrey Olsen to its board and its audit committee, effective Nov. 3. The appointment adds a director to the company’s governance and financial-oversight group.
- Olsen will receive the annual retainer provided under Energy Fuels’ standard compensation program for non-employee directors. The amount was not specified.
- He also received 2,078 restricted stock units on Nov. 3, valued at a grant price of $7.99 per underlying common share.
- The units vest in three installments: 1,039 on Jan. 27, 2027; 519 on Jan. 27, 2028; and 520 on Jan. 27, 2029.
- The company said Olsen has no family relationships with board members or senior management and is not involved in a transaction with Energy Fuels requiring disclosure.
The appointment gives Olsen a role in audit committee oversight. His restricted stock units provide equity compensation that vests over three years.