Leading innovator of next-generation nuclear fuel designs and provider of nuclear energy consulting services to commercial and governmental organizations, Lightbridge announced that Kathleen Kennedy Townsend, Director at The Rock Creek Group and Lieutenant Governor of Maryland from 1995 to 2003, has been added to its Board of Directors effective immediately.
A former Lightbridge Senior Advisor, Townsend succeeds Jack D. Ladd, an accomplished attorney specializing in energy and current Dean of the School of Business and Engineering at the University of Texas of the Permian Basin. He steps down after seven years, serving as a Lightbridge Senior Advisor.
“We look forward to Kathleen’s insight and guidance as a member of the Lightbridge board as well as chair of the board’s Audit Committee,” commented Jr., Executive Chairman, Ambassador Thomas Graham, “She is an important addition to Lightbridge as the Company continues to advance development and commercialization of its innovative nuclear fuel technology.”
“Lightbridge’s nuclear fuel technology places the Company on the threshold of a new era in commercial power,” Townsend stated. “The indicated benefits of Lightbridge fuel will help the nuclear utility industry deliver safe, low-carbon, baseload power through enhanced operating economics on a global scale. I’m excited to be a part of these developments.”
With an impressive background of accomplishments in the public and private sectors, Townsend is a Director at The Rock Creek Group, a Washington, D.C. based investment advisor founded by the former treasurer of the World Bank. Most notably, she was the State of Maryland’s first female Lieutenant Governor. She was responsible for a multibillion-dollar budget as well as overseeing the major cabinet departments. Prior to her 1995 election, Townsend served as Deputy Assistant Attorney General of the United States. She led the strategic planning to put 100,000 police officers into communities and in addition ignited the Police Corps, a program to give college scholarships to young people who pledge to work as police officers for four years after graduating. Earlier on in her career, she served as the founder and director of the Maryland Student Service Alliance.
Townsend earned her law degree from the University of New Mexico and is an esteemed honors graduate of Harvard University. She has impressively earned 12 honorary degrees. Additionally, Townsend is a member of the bar in Maryland, Connecticut, and Massachusetts.
To learn more please visit www.ltbridge.com
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