USA Rare Earth Inc. (NASDAQ:USAR) is one of the 10 stocks investors are watching.
USA Rare Earth rallied for a second day on Tuesday, jumping 9.30 percent to end at $20.45 apiece, as investors welcomed the appointment of three new key executives, including a new chief global policy officer (CGPO) to support the company’s government relations.
In an updated report, USA Rare Earth Inc. (NASDAQ:USAR) named Gregory Bowman as its new CGPO and head of external relations, tasked with leading public policy, corporate affairs, government relations and strategic communications.
USA Rare earth magnet facility in Stillwater, Oklahoma. Photo from US Rare Earths website
Bowman brings decades of experience in national security policy, legislation, global strategy and complex infrastructure programs, having served as director of corporate strategy at Siemens Government Technologies and 25 years in senior leadership and legal positions in the U.S. military.
Meanwhile, USA Rare Earth Inc. (NASDAQ:USAR) also named Valerie Ford Jacob as its new chief legal officer and will be tasked with overseeing all legal, regulatory, compliance and corporate policy matters.
Prior to joining the rare earth miner, Jacob served as a partner and co-head of Freshfields US LLP’s financial institutions and global capital markets groups for more than 10 years, and was also chairman and senior partner of Fried, Frank, Harris, Shriver & Jacobson LLP.
In addition to Bowman and Jacob, USA Rare Earth Inc. (NASDAQ:USAR) also named JB Lowe as its new head of investor relations, and he will be tasked with leading the company’s strategic engagement with global investors and analysts.
Prior to joining the firm, Lowe served as head of investor relations at SolarEdge Technologies, as well as an equity research analyst at Citigroup, Bank of America Merrill Lynch and TD Cowen, covering the oil and gas and cleantech sectors.
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