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AREVA NP Inc., Appoints New President and CEO

Press Release

January 21, 2009

January 21, 2009

Michael W. Rencheck has been appointed President and CEO, AREVA NP Inc., effective Jan. 26, 2009. Rencheck replaces Tom Christopher who will continue to support the company part-time as Vice Chairman of AREVA NP Inc. through June 2009 to ensure a smooth transition in leadership.

Rencheck reports directly to Luc Oursel, CEO of AREVA NP, with regional reporting to Jacques Besnainou, President of AREVA Inc. Rencheck comes to AREVA NP Inc. from American Electric Power (AEP) where he served most recently as Senior Vice President and Chief Nuclear Officer of the Nuclear Generation Group. In this capacity, he was responsible for the nuclear operations of the Donald C. Cook nuclear plant in Michigan.

“Mike brings a tremendous amount of engineering, plant modification, and project construction experience in the nuclear industry in addition to well-established relationships with key organizations such as the U.S. Nuclear Regulatory Commission and the Institute of Nuclear Power Operations,” says Luc Oursel. “Under his leadership, AREVA NP will continue to strengthen its position for the deployment of the U.S. EPRTM, AREVA’s Gen III+ reactor design, and as a leading service provider for the existing fleet of nuclear power plants in the United States. “

After joining AEP’s Donald C. Cook plant in 1998 as Vice President of Nuclear Engineering, Rencheck held various positions during his tenure including Senior Vice President of Generation Engineering, Projects and Field Services; Senior Vice President of Engineering, Technical and Environmental Services; and President of AEP ProServ, a wholly owned engineering and field services subsidiary that completed several power generation projects and generated $400 million in annual revenue with various U.S. customers.

Prior to joining AEP, Rencheck worked for Florida Power Corporation serving as Director, Nuclear Engineering and Projects for Crystal River Nuclear Station. Earlier in his career, Rencheck worked at Public Service Electric & Gas Company Salem Nuclear Station as Director of Engineering and Duquesne Light Company’s Beaver Valley Power Station.

Rencheck earned a bachelor’s degree from Ohio Northern University in Electrical Engineering and a master’s degree in Management and Information Systems from Robert Morris University in Coraopolis, Pa. He is a Professional Engineer in eight states, including Virginia, and a Certified Senior Reactor Operator.

Contacts

Jarret Adams
Phone: +1 (306) 343-4637
Email: jarret.adams@areva.com



Véronique Larlham
Phone: +1 (306) 343-4503
Email: veronique.larlham@areva.com