# enCore Energy Corp. (EU) — management_change/ceo [completed]
Source: SEC API (secapi.ai) · situation sit_e3e0d4a68d440c29f1f6 · retrieved 2026-08-11T16:15:23.315Z

## Overview
enCore Energy Corp. is a uranium energy company engaged in the exploration and development of uranium properties.

enCore Energy Corp. terminated Robert J. Willette from his position as Chief Executive Officer effective April 20, 2026, without cause. On July 8, 2026, the Company entered into a Separation and General Release Agreement with Willette providing: (i) a cash severance payment of $1,800,000 (less applicable tax withholdings, deductions, and documented attorneys' fees), payable within three calendar days following the expiration of a seven-day revocation period; and (ii) a grant of 300,000 fully vested nonqualified stock options under the Company's 2024 Long Term Incentive Plan with a five-year exercise term and an exercise price equal to the closing price on the grant date (July 16, 2026) as reported on NASDAQ. In exchange, Willette forfeited all outstanding unvested stock options and restricted stock units previously granted.

## Terms
- Counterparty: Robert J. Willette · Deal value: $1.8M · Consideration: mixed

## Key dates
- Announced 2026-07-09 · Expected close 2026-07-08

## Timeline
- 2026-07-09 · 8-K (0001193125-26-299677): 8-K - enCore Energy Corp. — *enCore Energy Corp. is a uranium energy company engaged in the exploration and development of uranium properties.* enCore Energy Corp. terminated Robert J. Willette from his position as Chief Executive Officer effective April 20, 2026, without cause. On July 8, 2026, the Company entered into a Separation and General Release Agreement with Willette providing: (i) a cash severance payment of $1,800,000 (less applicable tax withholdings, deductions, and documented attorneys' fees), payable within three calendar days following the expiration of a seven-day revocation period; and (ii) a grant of 300,000 fully vested nonqualified stock options under the Company's 2024 Long Term Incentive Plan with a five-year exercise term and an exercise price equal to the closing price on the grant date (July 16, 2026) as reported on NASDAQ. In exchange, Willette forfeited all outstanding unvested stock options and restricted stock units previously granted.
  https://www.sec.gov/Archives/edgar/data/1500881/0001193125-26-299677.txt

## Citations
- 0001193125-26-299677 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526299677