enCore Energy Founder Sheriff Retires as Executive Chair and Drives Verdara Spin-Off
enCore Energy founder William M. Sheriff retired as Executive Chair on March 2, 2026 and transitions to Chairman Emeritus while joining Verdera Energy Corp as its Executive Chair. enCore will distribute common shares of Verdara to shareholders upon resale registration completion, with enCore remaining Verdara’s largest stakeholder.
1. Leadership Transition
On March 2, 2026, enCore Energy founder William M. Sheriff officially retired as Executive Chair and was named Chairman Emeritus, stepping down from the board while ensuring a formal succession plan is in place.
2. Continued Advisory Role
Sheriff will serve as a Senior Advisor on enCore’s Technical Advisory Committee, providing expertise in corporate development, mergers and acquisitions, corporate finance and investment strategies.
3. Verdara Spin-Off Details
enCore plans to distribute common shares of its spin-off, Verdara Energy Corp, to existing shareholders following the effectiveness of Verdara’s resale registration statement, with enCore maintaining its position as Verdara’s largest stakeholder.
4. Strategic Implications and Next Steps
Sheriff’s new role at Verdara aims to strengthen domestic uranium supply, and enCore management will highlight both companies’ growth pipelines during its presentation at the PDAC 2026 Mineral Exploration & Mining Convention.