Ur-Energy Inc. (NYSE: URG) announced that Roger L. Smith, the company's Chief Financial Officer and Chief Administrative Officer, notified the company on October 28, 2026, of his intention to retire, effective December 1, 2026.

Smith is expected to enter into a consulting agreement with the company following his retirement to support a leadership transition.

The company's Board of Directors approved the appointment of Jade Walle, currently Vice President Finance, as Chief Financial Officer, effective upon Smith's retirement. The Board also approved the elimination of the Chief Administrative Officer role, with associated duties to be redistributed among senior management.

Walle, 53, is a Certified Public Accountant with 30 years of experience. He was an audit partner at PricewaterhouseCoopers LLP from 2011 to 2024, having joined the firm in 1996. His experience includes serving publicly traded energy and mining companies across offices in Tulsa, London, Houston, and Denver. He also held roles in PwC's Global Capital Markets Group in London and oversaw operations at PwC's Acceleration Center in India. Walle has served as Vice President Finance at Ur-Energy since September 2025. He holds B.Sc. and M.Sc. degrees in Accounting from Oklahoma State University.

Any adjustments to Walle's existing employment agreement have yet to be determined, according to the company's statement.