USA Rare Earth Names Barbara Humpton as CEO
USA Rare Earth (NASDAQ:USAR) has appointed Barbara Humpton as its new Chief Executive Officer, effective October 1, 2025, succeeding Josh Ballard. Humpton, who previously served as President and CEO of Siemens USA, brings extensive experience in critical infrastructure, technology, and strategic national defense sectors.
During her 14-year tenure at Siemens, Humpton helped grow the company into a $20 billion revenue industrial leader in North America. Her prior experience includes executive roles at Booz Allen Hamilton and Lockheed Martin. She currently serves on the Board of Directors of the Federal Reserve Bank of Richmond and chairs the Board of the Center for Strategic and Budgetary Assessments.
The appointment comes at a strategic time as USAR aims to become the leading supplier of critical rare earth minerals and magnets, with its mine-to-magnet supply chain strategy including mining rights to domestic heavy rare earth deposits and ongoing construction of one of the largest magnet production facilities outside China.
USA Rare Earth (NASDAQ:USAR) ha nominato Barbara Humpton come nuovo amministratore delegato, con effetto dal 1° ottobre 2025, succedendo a Josh Ballard. Humpton, che in passato è stata presidente e CEO di Siemens USA, porta una vasta esperienza in infrastrutture critiche, tecnologia e settori della difesa nazionale. Durante i suoi 14 anni in Siemens, Humpton ha contribuito a far crescere l’azienda fino a diventare un leader industriale da 20 miliardi di dollari di fatturato in Nord America. Le sue esperienze includono ruoli dirigenziali presso Booz Allen Hamilton e Lockheed Martin. Attualmente è membro del consiglio di amministrazione della Federal Reserve Bank di Richmond e presiede il consiglio del Center for Strategic and Budgetary Assessments. L’annuncio arriva in un momento strategico, poiché USAR punta a diventare il principale fornitore di minerali e magneti di terre rare critici, con una catena di fornitura dall’estrazione al magnete che comprende diritti minerari sui depositi domestici di terre rare pesanti e la costruzione in corso di uno dei maggiori impianti di produzione di magneti al di fuori della Cina.
USA Rare Earth (NASDAQ:USAR) ha designado a Barbara Humpton como nueva directora ejecutiva, con efecto a partir del 1 de octubre de 2025, sucediendo a Josh Ballard. Humpton, que fue Presidenta y CEO de Siemens USA, aporta una amplia experiencia en infraestructura crítica, tecnología y sectores de defensa nacional. Durante sus 14 años en Siemens, Humpton ayudó a convertir la empresa en un líder industrial con 20 mil millones de dólares en ingresos en Norteamérica. Su experiencia previa incluye cargos ejecutivos en Booz Allen Hamilton y Lockheed Martin. Actualmente forma parte del Consejo de Directores de la Reserva Federal de Richmond y preside la Junta del Center for Strategic and Budgetary Assessments. El nombramiento llega en un momento estratégico, ya que USAR aspira a convertirse en el principal proveedor de minerales y imanes de tierras raras críticos, con una cadena de suministro de mina a imán que incluye derechos mineros para depósitos domésticos de tierras raras pesadas y la construcción en curso de una de las mayores instalaciones de producción de imanes fuera de China.
USA Rare Earth(나스닥:USAR)는 2025년 10월 1일부로 Barbara Humpton를 신임 CEO로 임명했으며, Josh Ballard를 계승합니다. Humpton은 이전에 Siemens USA의 사장 겸 CEO로 재직하며 중요 인프라, 기술 및 전략적 국가 방위 분야에서 풍부한 경험을 보유하고 있습니다. Siemens에서의 14년간의 재임 기간 동안 Humpton은 회사를 북미에서 200억 달러 매출의 산업 리더로 성장시키는 데 기여했습니다. 그녀의 경력에는 Booz Allen Hamilton과 Lockheed Martin의 임원직도 포함됩니다. 현재 she는 리치먼드 연방준비은행 이사회와 Strategic and Budgetary Assessments 센터 이사회를 이끌고 있습니다. 이번 임명은 USAR가 핵심 희토류 및 자석의 선도적 공급업체가 되려는 전략적 시점에 나온 것으로, Mine-to-Magnet 공급망 전략에는 국내 중형 희토류 매장지에 대한 채굴권과 중국 이외 지역에서 가장 큰 자석 생산 시설 중 하나의 건설이 포함되어 있습니다.
USA Rare Earth (NASDAQ:USAR) a nommé Barbara Humpton comme nouvelle directrice générale, à compter du 1er octobre 2025, succédant à Josh Ballard. Humpton, qui était auparavant présidente et PDG de Siemens USA, apporte une expertise approfondie dans les infrastructures critiques, la technologie et les secteurs de défense nationale. Pendant ses 14 années chez Siemens, Humpton a contribué à faire de l’entreprise un leader industriel réalisant 20 milliards de dollars de chiffre d’affaires en Amérique du Nord. Son expérience comprend des postes exécutifs chez Booz Allen Hamilton et Lockheed Martin. Elle siège actuellement au conseil d’administration de la Réserve fédérale de Richmond et préside le conseil du Center for Strategic and Budgetary Assessments. Cette nomination intervient à un moment stratégique, alors que USAR vise à devenir le principal fournisseur de minéraux et d’aimants rares critiques, avec une chaîne d’approvisionnement de la mine au aimant comprenant des droits miniers sur des gisements lourds domestiques et la construction en cours de l’une des plus grandes installations de production d’aimants en dehors de la Chine.
USA Rare Earth (NASDAQ:USAR) hat Barbara Humpton zur neuen Chief Executive Officer ernannt, wirksam zum 1. Oktober 2025, und folgt damit Josh Ballard. Humpton, die zuvor Präsidentin und CEO von Siemens USA war, bringt umfassende Erfahrungen in kritischer Infrastruktur, Technologie und strategischen Bereichen der nationalen Verteidigung mit. In ihren 14 Jahren bei Siemens half Humpton dabei, das Unternehmen zu einem Umsatz von 20 Milliarden Dollar umfassenden Industrieführer in Nordamerika zu machen. Ihre früheren Positionen umfassen Führungsrollen bei Booz Allen Hamilton und Lockheed Martin. Sie ist derzeit Mitglied des Vorstands der Federal Reserve Bank of Richmond und Chair des Boards des Center for Strategic and Budgetary Assessments. Die Ernennung fällt in eine strategische Phase, da USAR bestrebt ist, zum führenden Anbieter kritischer Seltenen Erden und Magnete zu werden, mit einer Mine-to-Magnet-Lieferkette, die Bergbaurechte an heimischen schweren Seltenen Erden -Vorkommen umfasst und der Bau einer der größten Magnetproduktionsanlagen außerhalb Chinas voranschreitet.
أعلنت USA Rare Earth (المسجلة في NASDAQ:USAR) تعيين Barbara Humpton كمديرتنفيذي جديد لها، اعتباراً من 1 أكتوبر 2025، خلفاً لـ Josh Ballard. Humpton، التي شغلت سابقاً منصب الرئيسة والمديرة التنفيذية لشركة Siemens USA، تملك خبرة واسعة في البنية التحتية الحيوية والتكنولوجيا وقطاعات الدفاع الوطني الاستراتيجية. خلال مسيرتها التي امتدت 14 عاماً في Siemens، ساعدت Humpton على أن تصبح الشركة رائدة صناعية بتحقيق إيرادات قدرها 20 مليار دولار في أميركا الشمالية. كما شغلت مناصب تنفيذية سابقة في Booz Allen Hamilton وLockheed Martin. وهي حالياً عضو في مجلس إدارة بنك الاحتياطي الفيدرالي في ريتشموند وترأس مجلس مركز الدراسات الاستراتيجية والتقديرية. يأتي هذا التعيين في وقت حاسم فيما تسعى USAR لتكون المزود الرائد للمعادن النادرة والمواد المغناطيسية الأساسية، مع سلسلة توريد من المنجم إلى المغناطيس تتضمن حقوق تعدين لودائع محلية من الأرض النادرة الثقيلة وبناء واحد من أكبر مرافق إنتاج المغناطيس خارج الصين قيد الإنشاء.
USA Rare Earth（纳斯达克股票代码：USAR）已任命 Barbara Humpton 为新任首席执行官，任命于 2025 年 10 月 1 日生效，接替 Josh Ballard。Humpton 先前担任 Siemens USA 的总裁兼首席执行官，在关键基础设施、科技与国家防务战略领域拥有丰富经验。在 Siemens 的 14 年任期内，Humpton 将公司打造成为北美地区 200 亿美元的收入工业领军企业。她的早期职业经历还包括在 Booz Allen Hamilton 和 Lockheed Martin 担任高层职位。她现任里士满联邦储备银行董事会成员，并担任战略与预算评估中心董事会主席。这次任命时机具有战略意义，因为 USAR 目标成为关键稀有地球元素与磁铁的领先供应商，其矿到磁铁的供应链战略包含对国内重稀土矿床的勘探权，并且正在建设全球最大的磁铁生产设施之一，位于中国之外。
- Appointment of highly experienced CEO with proven track record of growing Siemens USA to $20 billion in revenue
- New CEO brings extensive experience in critical infrastructure, technology, and strategic national defense sectors
- Strategic positioning with domestic rare earth deposits and large-scale magnet production facility under construction
- Strong government and industry connections through new CEO's board positions
- Leadership transition period may cause temporary operational adjustments
- Previous CEO departing with only one month transition period
Insights
Barbara Humpton's appointment as USAR CEO brings valuable infrastructure and defense industry leadership experience to accelerate domestic rare earth supply chain development.
USA Rare Earth's appointment of Barbara Humpton as CEO represents a strategic leadership transition that could significantly influence the company's trajectory. Humpton brings exceptional credentials from her tenure as President and CEO of Siemens USA, where she oversaw a
Her background is particularly valuable given USAR's strategic positioning. The company is developing a vertically integrated "mine-to-magnet" supply chain for rare earth minerals - critical materials where China currently dominates global production. Humpton's extensive experience in national defense, critical infrastructure, and government relations positions her well to navigate the complex intersection of business and national security that defines the rare earth sector.
Notably, Humpton's board experience at the Federal Reserve Bank of Richmond and the Center for Strategic and Budgetary Assessments indicates deep connections within both financial and defense policy circles. These relationships could prove invaluable as USAR seeks to establish itself as a cornerstone of America's strategic resource independence. The timing of this leadership change suggests USAR is entering a new phase focused on execution and scaling, moving from development toward commercialization of its rare earth assets, especially its deposit containing valuable heavy rare earth elements and its magnet production facility currently under construction.
Previously Served as President and CEO of Siemens USA
Proven Leader with Decades of Experience Managing and Growing Complex, Technology-Driven Organizations in the Critical Infrastructure and National Defense Industries
STILLWATER, Okla., Sept. 29, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. (Nasdaq: USAR) (USAR or the Company) today announced that its Board of Directors has appointed Barbara Humpton as the Company’s Chief Executive Officer to succeed Josh Ballard, effective October 1, 2025. Humpton will also serve on USAR’s Board of Directors.
“Today marks a pivotal moment for USAR as Barbara becomes our next CEO,” said Michael Blitzer, Chairman of USA Rare Earth. “Barbara is a transformational and visionary leader who joins USAR at a time of incredible opportunity and growth. In her 14 years at Siemens, most recently as CEO of Siemens USA, Barbara developed organic initiatives and integrated numerous large acquisitions to grow it into one of North America’s largest and most recognizable industrial companies with more than
“Barbara is an established global leader in the areas that matter to us, including critical infrastructure, technology, and strategic national defense, and brings years of experience engaging with government entities,” Blitzer noted. “I would also like to offer thanks to Josh Ballard for his contributions to USA Rare Earth. I look forward to working with Barbara and the rest of the talented leadership team to deliver on our vision of becoming the leading supplier of critical rare earth minerals and magnets.”
“Throughout my career, I have been motivated by being part of missions that matter, and there is nothing more critical to national and global security than securing a domestic supply chain for rare earth minerals and magnets,” said Humpton. “USA Rare Earth is uniquely positioned to be the leader in this industry with its mine-to-magnet supply chain strategy, anchored now by mining rights to a domestic deposit rich in valuable heavy rare earth elements, unique metal making know how and technology, and one of the largest magnet production facilities under construction outside of China. I am incredibly excited about joining USAR and am committed to devoting my time, talent and efforts as it executes on its bold and transformative vision to build an American champion for the benefit of America and our allies.”
Humpton most recently served as President and CEO of Siemens USA. Prior to being named President and CEO of Siemens USA in 2018, Humpton served as President and CEO of Siemens Government Technologies, responsible for implementing Siemens products and services for federal government agencies and departments. Prior to joining Siemens in 2011, Humpton served as a vice president at Booz Allen Hamilton and was a Vice President and Director at Lockheed Martin Corporation.
Humpton serves on the Board of Directors of the Federal Reserve Bank of Richmond. She is also Chair of the Board of the Center for Strategic and Budgetary Assessments (CSBA). She has served on the boards of the National Association of Manufacturers (NAM), Chief Executives for Corporate Purpose (CECP), and the Economic Club of Washington, D.C. Humpton also served on the Board of Directors of Triumph Group until its acquisition in 2025 by Warburg Pincus and Berkshire Partners.
Humpton succeeds Joshua Ballard, who has agreed to remain with the Company in a consulting capacity through October 31, 2025.
About USA Rare Earth
USA Rare Earth, Inc. (Nasdaq: USAR) is developing a rare earth sintered neo magnet (“NdFeB” or “neo”) manufacturing plant in Stillwater, Oklahoma, and intends to establish domestic rare earth and critical minerals supply, extraction, and processing capabilities to both supply its magnet manufacturing plant and market surplus materials to third parties. Rare earth magnets are critical to various business sectors and industries, including the defense, automotive, aviation, industrial, AI Robotics, medical, and consumer electronics industries, among others. USAR is planning to take a broad approach to the industries it serves with the intention of providing high quality neo magnets to a variety of industries and customers. USAR’s focus on developing domestic rare earth production aligns with national priorities, offering the potential of a sustainable and secure domestic supply of materials critical to key industries.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Words such as “future,” “will,” “executes,” “vision,” “commitment,” “expect” and similar expressions identify forward-looking statements, which include but are not limited to statements related to the future vision and plans for the Company. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from our expectations. These risks and uncertainties include, but are not limited to the Company’s ability to successfully develop its magnet production facility and the timing of expected production milestones, as well as the factors identified in the risk factors of the Company’s periodic filings with the SEC, including the Company’s Form 10-K that the Company filed with the SEC on March 31, 2025 and the Company’s latest Quarterly Reports on Form 10-Q filed with the SEC. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements speak only as of their date, and the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances occurring after their date or to reflect the occurrence of unanticipated events.
Investor Contacts:
Rob Steele
CFO
rob.steele@usare.com
Lionel McBee
VP, Investor Relations
IR@usare.com
Media Relations Contacts:
Tucker Elcock
Teneo
Tucker.Elcock@teneo.com
Brian Hyland
Cricket Public Relations
brian@cricketpr.com
FAQ
Who is the new CEO of USA Rare Earth (USAR) and when does she start?
What is Barbara Humpton's experience before joining USA Rare Earth (USAR)?
What are USA Rare Earth's (USAR) main business operations?
What boards does Barbara Humpton serve on?
How long will the transition period be between USA Rare Earth's (USAR) old and new CEO?
