Craig L. Adams
Executive Vice President, Exelon; President and CEO, PECO
Adams is responsible for leadership of PECO’s overall performance associated with service reliability, customer satisfaction, financial management, and regulatory and external affairs. Based in Philadelphia, PECO is Pennsylvania’s largest electric and natural gas utility. PECO employs about 2,400 people, owns $9 billion in assets, and generates approximately $5.6 billion in annual revenues. PECO serves 1.6 million electric and 490,000 gas customers in southeastern Pennsylvania. PECO is a subsidiary of Exelon Corporation, one of the nation’s leading energy services companies. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.
Adams previously served as Senior Vice President and Chief Operating Officer, leading PECO’s electric and gas transmission and distribution operations, construction and maintenance, engineering and technical services, investment strategy, safety, environmental, training, fleet, supply, real estate and facilities, and human resources organizations.
Before leading PECO, Adams served as Chief Supply Officer for Exelon Business Service Company and previously as Senior Vice President for Operations Support for PECO and its sister utility, Commonwealth Edison (ComEd), which serves northern Illinois. As Chief Supply Officer, Adams led an award winning supplier diversity program and leveraged the scale of Exelon’s $2 billion spending in materials and services. Prior to that, from 1998 to 2003, Adams served as Vice President, Contractor and Supply Management for PECO and ComEd.
Adams’ career includes more than 20 years in the operation and support of commercial and military nuclear power plants. This vocation began with his service in the United States Army. He joined PECO in 1989 after a six-year management stint with Public Service Electric and Gas Company (PSE&G) in New Jersey.
Civically, Mr. Adams holds board positions in a number of educational and community organizations in the Philadelphia area, such as Camphill Special School, and LEADERSHIP Philadelphia. He is also a Board Member of the Energy Association of Pennsylvania (EAP).
Adams holds a Bachelor’s degree in mathematics and economics from the State University of New York, in Albany.
He and his wife, April, reside in Blue Bell, Pennsylvania.