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.