Exelon appoints Calvin Butler Jr. interim CEO of Exelon Utilities

Exelon Corp. has appointed Calvin G. Butler Jr., chief executive officer of Baltimore Gas and Electric Co., as interim CEO of Exelon Utilities, effective Oct. 15. This appointment follows the retirement of Anne Pramaggiore, senior executive vice president and CEO of Exelon Utilities, which is also effective Oct. 15.

Butler will continue to serve as CEO of BGE. The CEOs of Exelon’s other utilities — Joseph Dominguez of ComEd, Michael A. Innocenzo of PECO, and David M. Velazquez of Pepco Holdings — will report to Butler. In addition, Exelon Utility CEO staff heads Val Jensen, Carim Khouzami and Mike Kormos will also report to Butler moving forward.

Butler is an 11-year veteran of Exelon and has more than 25 years of leadership experience in the utilities industry and in regulatory, legislative and public affairs. As CEO of BGE, he is responsible for implementing the utility’s strategic priorities.

Butler serves on BGE’s board of directors and on Exelon’s executive committee. In addition, he is board chair of the Gridwise Alliance, an advocacy organization promoting modernization and innovation for the nation’s electrical grid, and serves on the board of directors for RLI Corp., where he is a member of the audit and nominations/governance committees. He also previously served on the board of directors for the Federal Reserve Bank of Richmond.

“We are pleased Calvin is assuming this role on an interim basis to work closely with our strong utility leadership team,” said Christopher M. Crane, Exelon Corp.’s president and CEO. “Calvin has established an excellent track record of successfully executing on BGE’s strategic initiatives, including driving meaningful improvements in customer service, safety and reliability, and delivering solid financial results. Importantly, Exelon benefits from a deep bench of talent and industry expertise. Our leadership team remains well-positioned to continue executing on our strategic priorities, including our customer-first approach, safety, reliability and sustainability initiatives and regulatory strategy.”

Exelon’s six utilities deliver electricity and natural gas to about 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. has more than 32,000 MW 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 about 1.8 million residential, public sector and business customers.

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