Exelon Announces Elderly Leadership Brigades Ahead of Separation
ExelonCorp. (Nasdaq EXC) moment blazoned crucial leadership movables as it prepares to separate into two companies in the first quarter of 2022. After the separation, the mileage business will be named Exelon and the competitive energy business will be named Constellation.
The following individualities have been appointed, effective incontinently, to the Exelon ( mileage business) elderly administrative platoon, reporting directly to Exelon CEO Chris Crane
. Calvin Butler, Senior EVP and Chief Operating Officer
. Bridget Reidy, EVP and Chief Operating Officer, Business Services Company
. David Glockner, EVP, Compliance and Audit
.Gayle Littleton, EVP and General Counsel
. Amy Best, EVP and Chief Human Coffers Officer
“ We continue to make excellent progress in our plans to separate into two leading companies, Exelon and Constellation,” said Crane. “ We’re agitated about the unique chops and values- driven leadership each of these individualities will contribute to erecting thepost-separation businesses. We forcefully believe in the bright future of each of these companies and are indeed more confident now that we’ve these leadership brigades in place. The different platoon we’ve brought together at Exelon is composed of energy assiduity stagers who bring the right combination of chops and moxie to lead the company forward in delivering smart, clean, dependable and flexible energy to our guests and communities.”
“ It’s an honor to be named Chief Operating Officer of Exelon during such a transformative period in the assiduity,” said Butler. “ I look forward to working with Chris and the rest of the elderly leadership platoon to continue our work on behalf of Exelon serviceability’10 million guests – investing in and contemporizing our energy structure for safe, dependable and flexible service, clean and affordable energy choices and further indifferent communities.”
The following individualities have been appointed, effective incontinently, to the Constellation (competitive energy business) elderly administrative platoon, reporting directly to Exelon Generation CEO Joseph Dominguez
.Kathleen Barrón, EVP and Chief Strategy Officer
. Mike Koehler, EVP and Chief Administrative Officer
. Bryan Hanson, EVP and Chief Generation Officer
. Jim McHugh, EVP and Chief Commercial Officer
.David Dardis, EVP and General Counsel
. Susie Kutansky, SVP and Chief Human Coffers Officer
“ I ’m agitated to drink these talented leaders to Constellation’s elderly leadership platoon,” said Dominguez, the incoming CEO of Constellation. “ These individualities inclusively bring significant moxie, fidelity and commitment to excellence, and with this platoon in place, I ’m confident Constellation will lead its assiduity as the largest patron of clean energy in the nation.”
Fresh information about the elderly leaders of each company can be plant in the superintendent biographies section of the Exelon website atexeloncorp.com/leadership-and-governance/executive-profiles. Biographies will be streamlined shortly to reflect their new places.
As preliminarily blazoned onOct. 1, 2021, Joseph Nigro has been appointed as Elderly EVP and Chief Financial Officer of Exelon and Daniel Eggers has been appointed EVP and Chief Financial Officer of Constellation. Nigro and Eggers will also report directly to Crane and Dominguez, independently.
Timing and Blessings
Ending of the sale in the first quarter of 2022 is subject to final blessing by the company’s Board of Directors, a Form 10 enrollment statement being declared effective by the Securities and Exchange Commission, the damage of remaining nonsupervisory blessings and the satisfaction of other conditions. The sale was approved by the Federal Energy Regulatory Commission in August. Blessing by the Nuclear Regulatory Commission and New York Public Service Commission remains pending. Exelon shareholder blessing isn’t needed. There can be no assurance that any separation sale will eventually do or, if one does do, of its terms or timing.