US Rare Earth (USAR) rises 9.3% as 3 new executives join


USA Rare Earth Inc. (NASDAQ:USAR) is one of them 10 Stocks Investors Watch

U.S. rare earths 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 a recent report, USA Rare Earth Inc. (NASDAQ:USAR) has named Gregory Bowman as its new CGPO and director of external relations, and he will lead public policy, corporate affairs, government relations, and strategic relations.

America's rare earth
America’s rare earth

US Rare Earth Magnet Facility in Stillwater, Oklahoma. Image from the American Rare Earth website

Bowman brings decades of experience in national security policy, lawmaking, international strategy, and complex infrastructure programs, having served as director of corporate strategy at Siemens Government Technologies, and 25 years in senior leadership and legal roles in the US military.

Meanwhile, USA Rare Earth Inc. (NASDAQ:USAR) also appointed Valerie Ford Jacobs as its new chief legal officer, overseeing all legal, regulatory, compliance and corporate policy matters.

Prior to joining Rare Earth Mining, Jacob served for more than 10 years as co-head and co-head of Freshfields US LLP’s financial institutions and global capital markets groups, as well as a principal and managing partner at Fred, Frank, Harris, Shriver & Jacobson LLP.

In addition to Bowman and Jacob, USA Rare Earth Inc. (NASDAQ:USAR) also appointed JB Lowe as its new head of investor relations, and will lead the company’s strategic relationships with global investors and analysts.

Prior to joining the company, Lu served as director of investor relations at SolarEdge Technologies, as well as as an equity research analyst at Citigroup, Bank of America Merrill Lynch, and TD Cowen, covering the oil and gas and utilities sectors.

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