Ur-Energy Inc. filed a Form 8-K on November 2, 2026, disclosing the planned retirement of Chief Financial Officer and Chief Administrative Officer Roger L. Smith effective December 1, 2026, and the Board-approved appointment of Jade Walle as incoming CFO.

Key Highlights

  • Retirement notice: Roger L. Smith notified Ur-Energy of his intention to retire as CFO and Chief Administrative Officer, with an effective date of December 1, 2026.
  • Consulting agreement expected: According to the filing, Mr. Smith and the Company "expect to enter into a consulting agreement" under which he will serve as a financial advisor to support a transition.
  • Walle appointment: The Board approved Jade Walle, currently Vice President Finance, as incoming CFO, effective upon Mr. Smith's retirement.
  • CAO role eliminated: The Board also approved the elimination of the Chief Administrative Officer role, with duties to be reallocated among several members of senior management.
  • Walle's background: Mr. Walle, age 53, is a Certified Public Accountant with 30 years of experience, most recently serving as an audit partner at PricewaterhouseCoopers LLP from 2011 to 2024.
  • Compensation terms pending: The filing states that any adjustments to Mr. Walle's existing employment agreement "have yet to be determined," and the Company intends to file an amendment to disclose material changes upon determination.

Leadership Transition Details at Ur-Energy

According to the Form 8-K filed by NYSE American:URG, Roger L. Smith notified Ur-Energy Inc. on October 28, 2026, of his intention to retire from his dual role as Chief Financial Officer and Chief Administrative Officer, with the retirement set to take effect on December 1, 2026. The filing states that Mr. Smith and the Company expect to enter into a consulting agreement under which he would serve as a financial advisor for a period following his retirement to support a seamless leadership transition. No further terms of that expected agreement were specified in the filing.

On October 29, 2026, the Board of Directors approved the appointment of Jade Walle as the Company's next Chief Financial Officer. Mr. Walle, who has served as Vice President Finance of the Company since September 2025, is age 53 and holds B.Sc. and M.Sc. degrees in Accounting from Oklahoma State University. He began his career at PricewaterhouseCoopers LLP in 1996 and became an audit partner there from 2011 to 2024. The filing notes that his experience spans publicly traded energy and mining companies, with assignments in Tulsa, London, Houston, and Denver, and that he worked in PwC's Global Capital Markets Group in London from 1999 to 2002, assisting non-U.S. companies with U.S. capital market transactions and SEC reporting.

The filing discloses that there are no arrangements or understandings between Mr. Walle and any other persons related to his appointment, no family relationships with Board members or senior management, and no related party transactions requiring disclosure under Item 404(a) of Regulation S-K. Any changes to Mr. Walle's existing employment agreement, previously filed as Exhibit 10.8 to the Company's Annual Report on Form 10-K for fiscal year ended December 31, 2025, remain undetermined, with an amendment to the current report expected when those terms are finalized.

What Was Disclosed

Ur-Energy's Form 8-K reported the retirement of CFO and CAO Roger L. Smith effective December 1, 2026, the Board's appointment of Jade Walle as successor CFO, and the planned elimination of the Chief Administrative Officer role, with compensation adjustments for Mr. Walle still to be determined.