President, CDI
Senior Vice President for Finance Oversight, Holtec International
Kelly Trice joined Comprehensive Decommissioning International (CDI), a Holtec/SNC-Lavalin joint venture company, as its president in March 2019. In this role, Trice has the ultimate responsibility to ensure safe, regulatory compliant and efficient decommissioning of nuclear power plants. Current projects include the decommissioning of Oyster Creek Generating Station (BWR), Pilgrim Nuclear Power Station (BWR) and the Indian Point Energy Center (three PWRs). The Palisades Power Plant is also under contract and will complete operation mid-2022 and become part of the decommissioning fleet of plants in July 2022. The ongoing decommissioning at these sites is setting a new bar for environmental protection, worker safety, regulatory compliance and rapid threat reduction.
Trice has a secondary appointment as Holtec’s Senior Vice President for Finance Oversight. He also serves as chair of the Finance and Accounting Committee, which is responsible for ensuring Holtec’s utmost fiduciary probity and professional integrity.
Professional History
Beyond his internationally recognized credentials as a “decommissioning maestro,” Trice brings over 30 years of executive management experience of several complex business enterprises with full profit and loss responsibility and management of all aspects of these complex enterprises. The primary work of these business enterprises was large scale (multi-billion dollar) engineering, procurement and construction programs (EPC), which spanned across many countries. Other responsibilities included the decommissioning of several test reactors, one power reactor, and over 1,000 nuclear production and ancillary facilities for commercial and government clients. He also managed multi-disciplinary teams responsible for the termination of five Nuclear Regulatory Commission licenses.
During his time at Chicago Bridge and Iron (CB&I), Trice served as the president of both the power division, and the facilities and plant services division. In this capacity, he managed approximately 70 offices worldwide with operations spanning four continents, including North and South America, Europe and Asia. At its peak, his enterprise had approximately 200 plants under contract, which included about 40% of the U.S. nuclear operating fleet and another 150 petrochemical plants, 17,000 employees and a backlog of roughly $10B with annual revenues of $3.5B.
Trice also served as executive vice president of Bruce Power, a major utility in Canada, which operates eight nuclear reactors and generates approximately 6.4 GW of power. In this capacity, he had the overall responsibility for all of Bruce Power’s capital programs, as well as the refurbishment of six reactors. The planned budget for this capital program was approximately $14B CAD.
Industry Leadership
Trice has also served on the boards of multiple entities, restructured and turned around troubled assets, oversaw mergers and acquisitions as well as divestiture of companies.
Trice has also served on the boards of multiple entities, restructured and turned around troubled assets, oversaw mergers and acquisitions as well as divestiture of companies.
Education
Trice is a graduate of the U.S. Navy’s Nuclear Propulsion Program. Trice earned a bachelor’s degree in Chemical Engineering from the University of Oklahoma and a master’s in Business Administration from the University of New Mexico.