RYAN CHUTE
Saskatoon,SK
Summary
- Key member of Cameco’s marketing and sales team, building relationships and negotiating commercial agreements for the sale of uranium, conversion and fabrication in support of nuclear power generation. Focusing on Canada, Eastern Europe and India
- History of effectively engaging with senior management of nuclear companies and diplomats, with the ability to navigate complex discussions and build strategic relationships.
- Played an instrumental role in securing significant multinational uranium purchase and sale agreements.
- Led the development of Cameco’s inventory management process for their global uranium inventories.
- As the Chair of the YMCA, I provided strategic direction and leadership to drive the organization's growth and community impact.
Overview
21
21
years of professional experience
1
1
Certification
Work History
Manager, Marketing and Sales
Cameco
01.2021 - Current
- Develop and implement effective sales strategies for diverse customer portfolio, focusing on high-value, complex clients with unique and specific requirements
- Successfully expanded market presence in Eastern Europe, identifying and capturing new opportunities
- Foster and maintain strong relationships with key clients, managing intricate sales negotiations and aligning customer needs with company objectives to drive mutually beneficial outcomes
- Led the negotiation and implementation of a long-term nuclear fuel supply agreement, with projected revenues of $500 million USD, demonstrating expertise in large-scale contract management
- Utilize market, economic, and strategic analysis to develop tailored commercial proposals, optimizing business opportunities and profitability
- Negotiate and manage uranium storage agreements with other uranium producers, intermediaries, and financial entities, ensuring alignment with Cameco’s strategic goals
- Lead, coach, and develop a team of Marketing and Sales Analysts, fostering a high-performance culture and supporting team members in achieving their professional growth and business objectives
Manager, Contract Administration/Inventory
Cameco
06.2009 - 01.2021
- Optimize inventory to minimize holding costs while ensuring timely completion of customer deliveries, balancing operational efficiency with customer satisfaction
- Identify and pursue strategic opportunities within the nuclear industry, including location exchanges, reciprocal storage agreements, and optimization initiatives, to enhance business value
- Negotiate, implement and manage storage agreements at nuclear facilities worldwide
- Responsible for the planning, accounting, reconciliation and long-term forecasting of Cameco’s uranium inventories
- Successfully negotiated and implemented complex multiparty agreements, including a significant multinational deal for uranium sourced from Russian nuclear weapons
- Ensure compliance with export and import controls for nuclear materials and technology, managing key relationships with Canadian nuclear regulators
- Manage the logistics of uranium transportation, overseeing complex shipments to regions such as China and India while ensuring safety, compliance, and cost-efficiency
- Develop and maintain corporate procedures for export and import controls, ensuring operational consistency and regulatory compliance across all transactions
- Lead, coach, and develop a team of Contract and Inventory Specialists, fostering a culture of continuous improvement
Senior Specialist, Trading and Transportation
Cameco
01.2008 - 06.2009
- Oversaw administration of the complex multination agreements
- Assisted in the negotiation and preparation of various trading agreements
- Assisted with the efficient allocation of inventory
- Administered trade and sales agreements
- Conducted analysis of trading opportunities
- Strong peer mentor
Accountant
Cameco
03.2004 - 12.2005
- Oversaw consolidation of financial statements for foreign subsidiaries into consolidated financial statements in accordance with Canadian GAAP
- Designed and implemented a system for financial hedge accounting
- Participated in the successful completion of the Centerra Prospectus and IPO
- Prepared quarterly audit presentations for the Audit Committee and Board of Directors
Education
Bachelor of Commerce - Finance, with distinction
University of Saskatchewan, Edwards School of Business
Skills
- Relationship building
- Strategic planning
- Team leadership
- Decision-making
Certification
- Chartered Professional Accountant Designation, CPA/CMA, Canadian Institute of Chartered Accountants
- Bachelor of Commerce (Finance, with distinction), University of Saskatchewan, Edwards School of Business
Community Service
- Saskatoon Senior Men’s Basketball League, Member of the executive board and Treasurer, 01/01/08, Present
- YMCA Board of Directors, Board Chair/President, 01/01/17, 01/01/21
- YMCA Board of Directors, Chair of Audit and Investment Committee, 01/01/20, 01/01/21
Timeline
Manager, Marketing and Sales
Cameco
01.2021 - Current
Manager, Contract Administration/Inventory
Cameco
06.2009 - 01.2021
Senior Specialist, Trading and Transportation
Cameco
01.2008 - 06.2009
Accountant
Cameco
03.2004 - 12.2005
- Chartered Professional Accountant Designation, CPA/CMA, Canadian Institute of Chartered Accountants
- Bachelor of Commerce (Finance, with distinction), University of Saskatchewan, Edwards School of Business
Bachelor of Commerce - Finance, with distinction
University of Saskatchewan, Edwards School of Business
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