NWMO Board Appoints New President and CEO

TORONTO, Sept. 30, 2016 /CNW/ - The Nuclear Waste Management Organization (NWMO) has named Laurie Swami its new President and CEO, effective Monday, November 14, 2016.

"Ms. Swami's extensive experience makes her the ideal leader for the NWMO," said Board Chair Wayne Robbins. "She brings a deep understanding and appreciation of both the technical rigour and social responsibility associated with safely managing used nuclear fuel."

Ms. Swami joins the NWMO after a 30-year career at Ontario Power Generation (OPG), most recently as Senior Vice-President of Decommissioning and Nuclear Waste Management. Her responsibilities included implementing OPG's low- and intermediate-level nuclear waste deep geologic repository and overseeing operation of nuclear waste management facilities.

Ms. Swami will lead the NWMO as it continues to implement Adaptive Phased Management, Canada's plan for the safe, long-term management of used nuclear fuel. The plan requires used fuel to be contained and isolated in a deep geological repository. The organization is currently implementing a site selection process to identify a safe location in an area with an informed and willing host.

"I have long been impressed with the calibre of the NWMO team and believe strongly in its work," said Ms. Swami. "I am excited to have the opportunity to be part of Canada's plan, and look forward to working collaboratively with the many municipal, First Nation and Métis communities involved in the site selection process, as well as the various levels of government staying abreast of the NWMO's work."

Ms. Swami steps into this role following the successful tenure of outgoing President and CEO Ken Nash. Mr. Nash announced earlier this year that he was stepping down following a 42-year career in the nuclear sector, including 10 years leading the NWMO. Mr. Robbins will act as interim President and CEO until Ms. Swami assumes the role.

"Under Mr. Nash's direction, the NWMO has made tremendous progress in implementing its mandate using an approach that is widely respected in Canada and around the world," said Mr. Robbins. "The Board has every confidence this momentum will continue in the months and years to come."

See background information for biographical notes.

About the NWMO

The purpose of the NWMO is to develop and implement, collaboratively with Canadians, a management approach for the long-term care of Canada's used nuclear fuel that is socially acceptable, technically sound, environmentally responsible, and economically feasible. The NWMO was created in 2002 by Canada's nuclear electricity producers. Ontario Power Generation, New Brunswick Power Corporation, and Hydro-Québec are the founding members, and along with Atomic Energy of Canada Limited, fund the NWMO's operations. The NWMO derives its national mandate from the federal Nuclear Fuel Waste Act, which came into force in November 2002.

Laurie Swami Executive Profile

Ms. Laurie Swami is the new President and CEO of the Nuclear Waste Management Organization (NWMO), effective November 14, 2016.

Ms. Swami joins the NWMO after a 30-year career at Ontario Power Generation (OPG), most recently as Senior Vice-President of Decommissioning and Nuclear Waste Management. Her responsibilities include overseeing operation of OPG's nuclear waste management facilities, as well as implementing OPG's low- and intermediate-level nuclear waste deep geologic repository.

She began her career at OPG in 1986 and has held various roles with increasing responsibility in the Nuclear Division. She holds a Bachelor of Science in Engineering Chemistry from Queen's University and a Master of Business Administration from the Schulich School of Business.

Ms. Swami is a member of the Board of Governors for the University of Ontario Institute of Technology.

SOURCE Nuclear Waste Management Organization (NWMO)

Image with caption: "Laurie Swami (CNW Group/Nuclear Waste Management Organization (NWMO))". Image available at: http://photos.newswire.ca/images/download/20160930_C2715_PHOTO_EN_785652.jpg

Image with caption: "Nuclear Waste Management Organization (NWMO) (CNW Group/Nuclear Waste Management Organization (NWMO))". Image available at: http://photos.newswire.ca/images/download/20160930_C2715_PHOTO_EN_785688.jpg

For further information: Lisa Frizzell, NWMO Director of Corporate Affairs, lfrizzell@nwmo.ca, 647.259.3012, www.nwmo.ca

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http://www.nwmo.ca

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