Exelon Corporation today announced several management changes at the corporate level and within its operating companies, including the retirement of Ian P. McLean, executive vice president of Exelon and CEO of Exelon Transmission Company.
Chicago – Exelon Corporation today announced several management changes at the corporate level and within its operating companies, including the retirement of Ian P. McLean, executive vice president of Exelon and CEO of Exelon Transmission Company, as of July 15, 2010. Prior to his current position, McLean served as executive vice president, finance and markets, and president of Exelon Power Team.
Exelon Chairman and CEO John W. Rowe said, “Ian leaves us a stronger organization for his having been here. He has performed admirably in a variety of strategic leadership roles in his more than 11 years with Exelon. Notably, he was instrumental in developing our power marketing function and our robust hedging program, as well as in establishing the Exelon Transmission Company.”
In addition, the following management changes were announced, effective July 5, 2010:
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Exelon Corporation is one of the nation’s largest electric utilities with more than $17 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 486,000 customers in the Philadelphia area. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.