USA Rare Earth Completes CEO Transition
Key Highlights
- ➤Thras Moraitis assumes CEO role at USA Rare Earth (USAR)
- ➤USAR organizes operations into Upstream, Midstream and Downstream business units
- ➤Moraitis leads Upstream; Chaitan Kansal leads Midstream; David Bushi leads Downstream
- ➤Serra Verde combination positions USAR across key rare-earth supply-chain stages
Expert Statements
Thras Moraitis, CEO of USA Rare Earth
“We have assembled the capabilities needed to compete across the rare-earth value chain across multiple countries.”
Thras Moraitis, CEO of USA Rare Earth
“Our immediate priority is to bring these businesses together, establish clear accountability and execute reliably for customers.”
Thras Moraitis, CEO of USA Rare Earth
“A relentless focus on implementation will be central to delivering value for our investors, customers, government partners and host communities.”
Mike Blitzer, Executive Chairman of USA Rare Earth
“Today marks an important transition for USA Rare Earth as Thras Moraitis assumes the role of Chief Executive Officer,”
Mike Blitzer, Executive Chairman of USA Rare Earth
“Thras brings the experience, judgment and focus needed to lead the Company through its next phases of development and to pursue further value accretive opportunities.”
Mike Blitzer, Executive Chairman of USA Rare Earth
“The organizational framework which Thras has established creates the conditions for accountability and transparency within our operating units so that they can rapidly integrate, scale and deliver for our customers.”
STILLWATER, Okla., Oct. 01, 2026 (GLOBE NEWSWIRE) -- USA Rare Earth (Nasdaq: USAR) (the “Company”), a rare earth, critical minerals and advanced materials company, today announced the completion of its previously disclosed CEO succession plan. Thras Moraitis, who was previously President of USA Rare Earth, has assumed the CEO position and will focus on integrating the Company’s rare-earth businesses, strengthening execution and reliably serving customers seeking secure supplies of critical materials.
“We have assembled the capabilities needed to compete across the rare-earth value chain across multiple countries,” said Thras Moraitis, CEO of USA Rare Earth. “Our immediate priority is to bring these businesses together, establish clear accountability and execute reliably for customers. A relentless focus on implementation will be central to delivering value for our investors, customers, government partners and host communities.”
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