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Nuclear Energy Institute
FOR IMMEDIATE RELEASE: November 14, 2008
Contact: media@nei.org, 202.739.8000 or 703.644.8805 (after hours and weekends)

Bowman Resigns as Nuclear Energy Institute President and Chief Executive Officer

WASHINGTON, D.C.—Frank L. Bowman has resigned as president and chief executive officer at the Nuclear Energy Institute (NEI).  Bowman said he is stepping down after nearly four years at NEI to provide an opportunity for organizational continuity during the transition in the federal government’s leadership and throughout the new administration’s term.

“After much deliberation about the right course of leadership for our industry and the Nuclear Energy Institute during this period of dramatic change in the Congress and the White House, I am resigning as president and chief executive officer at the Nuclear Energy Institute,” Bowman wrote in a Nov. 14 letter to John W. Rowe, NEI chairman and chairman and CEO at Exelon Corp.

“Having contemplated retirement in the next year, I believe that taking this step now provides the industry the best possible opportunity to ensure continuity during the transition and beyond,” Bowman wrote. “As a new administration and Congress prepare to govern in one of the most challenging periods in our nation’s history, this is a fitting time for NEI to take stock of how best to meet the challenging energy and environment issues that confront us.”

Bowman was selected as president and CEO-elect in August 2004 and began leading the nuclear energy industry’s policy organization in February 2005. 

Marvin S. Fertel, NEI’s executive vice president and chief nuclear officer, has been selected by the NEI Executive Committee to lead the organization during the transition period. 

Bowman said he believes that the nuclear energy industry is well positioned to help meet the nation’s demanding electricity needs. “Despite the current economic conditions, we have an opportunity to continue the important work of creating a favorable policy and regulatory climate for building new nuclear power plants and amplify the contributions from 104 reactors already operating in America,” he said.

Rowe said that NEI continues to make significant strides to maximize the value of existing reactors and set the necessary regulatory and policy foundation for new reactor construction in the United States.  Companies have filed 17 applications with the U.S. Nuclear Regulatory Commission for up to 26 new reactors in recent years. 

“Skip has had an unwavering commitment to our industry and to enhancing the nation’s energy security,” Rowe said. “The NEI board of directors joins me in recognizing Skip’s contributions in these areas and in wishing him all success in his future endeavors.”

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