CHICAGO--(BUSINESS WIRE)--Exelon today announced key leadership changes to build on the company’s
financial, operational and market strengths, while continuing to develop
its bench of future leaders.

“Our industry and the marketplace continue to evolve, and we must change
with them. We are making these key appointments to position our company
for future growth and to strengthen our leadership ranks,” said Exelon
President and CEO Christopher M. Crane.

“Joe Nigro brings nearly 30 years of industry experience to his new
role, having successfully delivered results, while reorganizing and
streamlining our competitive energy business and being a champion of
talent,” said Exelon CEO Christopher Crane. “Joe will provide a valuable
commercial perspective to the finance function, building on the strong
strategy, systems and leadership team that Jack has built during his six
years as CFO. We thank Jack for his leadership in merger integration,
resizing the dividend and developing a capital management strategy with
a focus on utility growth, among other accomplishments. He and his team
have already delivered on cost-management initiatives, and we look
forward to Jack leading the critical work of optimizing our costs,
efficiency and effectiveness across the business services company.”

Nigro is a 22-year veteran of Exelon, most recently leading Exelon’s
competitive retail and wholesale business. Nigro oversaw the integration
of the Exelon Power Team and Constellation retail platforms, and has
seen the growth of Constellation to become the largest competitive C&I
retailer in the United States.

Thayer has served as Senior Executive Vice President and Chief Financial
Officer of Exelon since the merger with Constellation in 2012, and
previously served as Chief Financial Officer at Constellation since 2008.

Denis P. O’Brien, who has led Exelon Utilities for the past six years,
will serve as an adviser to the CEO until he retires at the end of 2019.
He will be succeeded by ComEd President and CEO Anne Pramaggiore, who
has been promoted to Senior Executive Vice President and CEO of Exelon
Utilities, effective June 1, where she will oversee Exelon’s six local
electric and gas utilities.

“Denis has been a tremendous asset to Exelon in his 36 years at the
company, driving significant gains in operational performance across our
utilities.He helped establish a sustained operational culture
steeped in accountability and continuous improvement to deliver
world-class performance, benefiting our customers and communities,”Crane
said. “Anne’s leadership at ComEd has delivered a meaningful improvement
in customer satisfaction, operating performance and earned returns. She
is a leading strategic voice in the utility sector who will provide
great leadership as Exelon embraces our utility of the future strategy
and charts our growth strategy for the next decade.”

A 20-year veteran of ComEd, Pramaggiore has led the utility since 2012,
overseeing implementation of important energy legislation in Illinois
through the Energy Infrastructure Modernization Act (EIMA) and Future
Energy Jobs Act (FEJA) programs that have supported system reliability
and resiliency. She previously served as ComEd’s chief operating officer
and before that as general counsel and head of regulatory policy.

Joseph Dominguez, currently Executive Vice President, Governmental &
Regulatory Affairs & Public Policy, was promoted to CEO of ComEd,
effective Aug. 1. Dominguez joined Exelon in 2002 as Associate General
Counsel, continued to grow his role as lead lawyer for PECO, and
eventually as the lead for policy matters across the company. He
co-founded the Association of Latino Energy and Environmental
Professionals (LEEP), an organization focused on ensuring the Latino
voice is heard in the energy and environmental industries.

Terence Donnelly, currently ComEd’s Executive Vice President and Chief
Operating Officer, will become President of ComEd. Donnelly began his
professional career at PECO in 1983, has more than 30 years of
experience in the utility industry and has held several other executive
positions covering a broad range of functions for ComEd and PECO.

Leadership Continuity for ExGen and Policy Groups

James McHugh, currently Senior Vice President, Wholesale Trading for
Constellation, was named CEO of Constellation and Executive Vice
President of Exelon. McHugh is a 23-year veteran of the industry and
previously managed Constellation’s portfolio management and strategy
after roles overseeing the regional trading desks for the Exelon Power
Team. He will serve as a member of the company’s Executive Committee.
Ken Cornew, Exelon Senior Executive Vice President and CEO of Exelon
Generation, will continue to have overall responsibility for the
world-class operations at Constellation and Exelon Generation, America’s
leading provider of zero-carbon nuclear energy.

Kathleen L. Barrón, currently Exelon Senior Vice President, Federal
Regulatory Affairs and Wholesale Market Policy, was promoted to Senior
Vice President, Governmental & Regulatory Affairs & Public Policy. She
also will serve as a member of the company’s Executive Committee. Barrón
led regulatory and legislative advocacy at the state level on behalf of
Exelon Generation in states within the wholesale markets and was
instrumental in work to ensure that nuclear energy is fairly
valued. Prior to joining Exelon, Barrón was the Deputy General Counsel
at the Federal Energy Regulatory Commission (FERC).

Current Exelon Power President Ron DeGregorio is retiring later this
year after more than 35 years with the company. DeGregorio has held
critical leadership positions in Exelon Nuclear and Transmission, and
led the integration of Exelon’s merger with Constellation Energy. John
Barnes, currently Chief Operating Officer at Exelon Power, will be
promoted to Exelon Generation Senior Vice President and President of
Exelon Power, effective July 2. John is a 33-year veteran of the
company. Previously, he was Vice President of Operations for Exelon
Power and served in other important leadership positions.

“Our leadership team across the company, from Generation to our
utilities to our policy work, is well positioned to ensure Exelon
achieves its potential for our customers, communities and shareholders,”
Crane said.

Exelon Corporation (NYSE: EXC) is a Fortune 100 energy company with the
largest number of utility customers in the U.S. Exelon does business in
48 states, the District of Columbia and Canada and had 2017 revenue of
$33.5 billion. Exelon’s six utilities deliver electricity and natural
gas to approximately 10 million customers in Delaware, the District of
Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its
Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco
subsidiaries. Exelon is one of the largest competitive U.S. power
generators, with more than 32,700 megawatts of nuclear, gas, wind, solar
and hydroelectric generating capacity comprising one of the nation’s
cleanest and lowest-cost power generation fleets. The company’s
Constellation business unit provides energy products and services to
approximately 2 million residential, public sector and business
customers, including more than two-thirds of the Fortune 100. Follow
Exelon on Twitter @Exelon.