Westinghouse Announces President and CEO Patrick Fragman’s Departure
After more than five years as the President and CEO of Westinghouse Electric Company, Patrick Fragman has announced his intention to step down at the end of March 2025. His decision, driven by a desire to spend more time in Europe with his family, marks the conclusion of a transformative tenure that has significantly reshaped the trajectory of Westinghouse and the global nuclear industry. Fragman’s leadership has left an indelible mark on the company, positioning it as a leader in nuclear technology and innovation. To ensure a seamless transition, Patrick will continue supporting Westinghouse for several months after his official departure date of March 31, 2025.
Leadership Transition and Interim Arrangements
In preparation for this transition, Westinghouse has appointed Dan Sumner, the former President of Operating Plant Services, as Deputy CEO, effective immediately. Upon Patrick’s departure, Sumner will serve as the Interim President and CEO until a permanent successor is named. The company has already initiated a comprehensive recruitment process to identify the next President and CEO. An announcement regarding the selected candidate will be made in due course.
“We extend our heartfelt gratitude to Patrick for his unwavering dedication and transformative leadership during a pivotal period for Westinghouse and the nuclear industry,” said Mitch Davidson, Chairman of the Board of Directors. “Patrick’s tenure has been marked by significant achievements, including the successful turnaround of the company and its emergence as a global leader in nuclear innovation. Under his guidance, has established a unique, profitable growth strategy that supports both the installed base of nuclear plants and the development of new-build reactors of all sizes.”
Davidson further emphasized the board’s confidence in the Westinghouse management team and workforce. “As nuclear energy assumes a critical role in shaping the energy systems of the future, Westinghouse is well-positioned to continue its trajectory of success. We wish Patrick all the best in his future endeavors and thank him for his substantial contributions.”
Dan Sumner’s Role and Vision
Dan Sumner, a 14-year veteran of Westinghouse, brings extensive experience and a deep understanding of the company’s operations to his new role. Having served as Chief Financial Officer and most recently as President of the Operating Plant Services business, Sumner has been instrumental in driving key initiatives and operational excellence. His appointment as Deputy CEO and interim leadership reflects the company’s confidence in his ability to guide Westinghouse through this period of transition.
“Westinghouse is an iconic energy company that has paved the way for the nuclear power industry in the United States and globally over the past 75 years,” said Sumner. “As the world increasingly demands firm, reliable baseload power, proven suite of reactor technologies and services, combined with its talented global workforce of 11,000 employees, ensures that we remain at the forefront of the industry.”
Patrick Fragman’s Transformational Leadership
Since assuming the role of President and CEO in 2019, Patrick Fragman has led Westinghouse through a period of significant transformation and growth. His strategic vision and leadership have been critical in revitalizing the company and positioning it as a global leader in the nuclear energy sector. Fragman’s tenure saw the implementation of innovative technologies, expansion into new markets, and the strengthening of Westinghouse’s core offerings.
One of Fragman’s key achievements was the development and execution of a growth strategy that balanced the needs of the existing fleet of nuclear reactors with the demand for new-build projects. This dual approach enabled Westinghouse to enhance its service offerings for the installed base of reactors while simultaneously advancing its portfolio of small modular reactors (SMRs) and other cutting-edge technologies. Under his leadership, the company solidified its reputation as a pioneer in the nuclear industry, with a strong focus on sustainability and innovation.
Westinghouse’s Role in a Carbon-Free Future
Westinghouse Electric Company has been a cornerstone of the nuclear power industry for decades, providing safe, innovative technologies and services that support the global transition to carbon-free energy. The company’s history of innovation dates back to the 1950s, when it supplied the world’s first commercial pressurized water reactor. Today, Westinghouse technology forms the foundation for nearly half of the world’s operating nuclear plants.
As the world grapples with the challenges of climate change and the need for sustainable energy solutions, nuclear power has re-emerged as a critical component of the energy mix. Westinghouse’s suite of advanced reactor technologies, including the AP1000® reactor and the eVinci™ microreactor, offers scalable, reliable, and carbon-free power generation options. These technologies are designed to meet the diverse needs of global energy markets, from large-scale utility applications to remote and off-grid power solutions.
Addressing Global Energy Challenges
The demand for clean, reliable energy has never been greater, and Westinghouse is uniquely positioned to address this need. The company’s comprehensive portfolio of nuclear technologies and services provides a sustainable alternative to fossil fuels, reducing greenhouse gas emissions while ensuring energy security and reliability.
Westinghouse’s innovative reactor designs are tailored to meet the specific needs of various regions and industries. The AP1000® reactor, for example, combines proven safety features with economic efficiency, making it an attractive option for new-build projects around the world. Meanwhile, the eVinci™ microreactor offers a compact, scalable solution for applications ranging from industrial power generation to remote community energy needs.
Commitment to Safety and Sustainability
At the heart of Westinghouse’s operations is a steadfast commitment to safety, sustainability, and environmental stewardship. The company’s technologies are designed to minimize environmental impact while maximizing efficiency and reliability. By prioritizing safety and sustainability, Westinghouse has earned the trust of governments, utilities, and stakeholders worldwide.
Westinghouse’s leadership in nuclear technology extends beyond power generation. The company also offers a range of services and solutions that support the entire nuclear energy lifecycle, from fuel fabrication and reactor maintenance to decommissioning and waste management. This comprehensive approach ensures that Westinghouse remains a trusted partner for customers throughout the nuclear industry.
Looking Ahead
As Patrick Fragman prepares to step down, Westinghouse embarks on its next chapter with a clear vision and a strong foundation for growth. The company’s leadership team, led by Dan Sumner during the transition period, is committed to building on Fragman’s legacy and driving the continued success of Westinghouse in the years to come.
“The future of energy is being shaped by the innovative spirit and dedication of companies like Westinghouse,” said Sumner. “As we navigate this period of change, we remain focused on delivering exceptional value to our customers, advancing our technologies, and contributing to a sustainable energy future.”
With a robust portfolio of technologies, a talented global workforce, and a steadfast commitment to innovation and sustainability, Westinghouse is well-positioned to lead the nuclear industry into a new era. The company’s ongoing efforts to develop advanced reactor technologies, expand its service offerings, and address the world’s energy challenges underscore its role as a global leader in carbon-free energy.
