May 01, 2009
Exelon Chief Executive Named Best Electric Utilities CEO in America by Institutional Investor
Rowe’s performance recognized by portfolio managers/analysts for second consecutive year
CHICAGO (May 1, 2009) – Exelon Chairman and CEO John W. Rowe was again named the best CEO of an electric utility by Institutional Investor magazine in its annual ranking of America’s Best CEOs. This is the second consecutive year that Rowe’s performance earned the highest marks in the sector.
“Exelon continues to be one of the most consistently profitable companies in the electricity industry, delivering an 11 percent compound annual growth rate in operating earnings per share over the past five years,” said Rowe. “It is an honor to be recognized by the financial community and Institutional Investor for our sustained success, particularly amid this time of economic uncertainty.”
To arrive at its list of best U.S. CEOs, Institutional Investor surveyed portfolio managers, analysts and other investment professionals. It asked these individuals to name the best U.S. CEOs in the sectors in which they invest. More than 900 people at 460 institutions responded, offering first, second and third place votes in each of the sectors with which they were familiar. These votes were weighted to produce a score for each executive that Institutional Investor used to compile the rankings.
Additional information can be found at www.iimagazine.com and in the April 2009 issue of the magazine.
Exelon Corporation is one of the nation’s largest electric utilities with approximately $19 billion in annual revenues. The company has one of the industry’s largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately 5.4 million customers in northern Illinois and southeastern Pennsylvania and natural gas to approximately 485,000 customers in the Philadelphia area. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.