March 02, 2009
Thomas O'Neill Promoted To Senior Vice President To Drive Generation Business Development
Thomas S. O’Neill, vice president of Exelon Nuclear’s new plant development program since March 2007, has been promoted to Senior Vice President
KENNETT SQUARE, Pa. (March 2, 2009) - Thomas S. O’Neill, vice president of Exelon Nuclear’s new plant development program since March 2007, has been promoted to Senior Vice President, Generation Development for Exelon Generation, Exelon President and Chief Operating Officer Chris Crane announced today.
In his new role, O’Neill will be responsible for identification and development of new renewable and merchant generation and new enterprises, providing oversight for projects across the company. The promotion is effective March 2, 2009.
A substantial portion of O’Neill’s responsibility will involve renewable energy and other development work required to meet carbon reduction goals established under Exelon 2020: A Low Carbon Roadmap. His group will support the work of Corporate Strategy, Corporate Development, Power Team and other organizations as they establish priorities for business and generation development.
Under President Obama’s administration, Exelon expects to see a broad range of obligations and opportunities arising from energy, environmental and economic mandates, Crane said. Coupled with Exelon 2020 carbon reduction commitments, the new demands will require a new approach to Exelon’s business development.
“We’re entering an era of new energy development that requires us to expand our thinking across the traditional fossil and nuclear organizational lines into a broader, more unified approach,” Crane said. “This will require an integrated, disciplined project management approach that makes the most efficient use of our resources. Tom has demonstrated that he can consistently and successfully navigate complex, multifaceted projects with nimbleness and efficiency. I am delighted that he will be leading this new approach to our development work.”
O’Neill joined Exelon in 2001 after 12 years in private law practice. He was a partner with the Chicago office of the national law firm Jenner & Block, practicing civil and criminal litigation with a wide range of corporate and individual clients. He joined Exelon as lead counsel to Exelon Nuclear and was promoted to vice president responsible for regulatory, legal and environmental affairs before taking on his most recent project development role.
O’Neill received his Bachelor of Arts degree in English from the University of Illinois-Urbana (Honors with High Distinction) and his law de
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 Pennsylvania and natural gas to approximately 480,000 customers in the Philadelphia area. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.