Ian P. McLean Executive Vice President, Exelon Corporation; CEO, Exelon Transmission Company

Profile

As Executive Vice President, Exelon and CEO, Exelon Transmission Company, McLean, 60, directs a newly formed transmission business. McLean is actively leading the exploration of opportunities that Exelon will have in the transmission build-out in the U.S., and is crafting the strategy for the company that will allow shareholders to reap maximum benefit from these new opportunities.

Professional History

Prior to his current role, McLean was executive vice president of finance and markets, where he oversaw Exelon’s finance organization, corporate development, and power marketing group. McLean was responsible for focusing on strategic direction, enhancing efficiencies and coordination to maximize shareholder value and creating a positive message to our investment community.

McLean was also the president of the power marketing group called Exelon Power Team, handling one of the nation’s largest most diversified generation portfolios. He had responsibility for creating maximum value for the company and its shareholders as he managed the generation portfolio optimization, fuels, wholesale power marketing and Exelon Energy. Exelon Energy is the company’s growing unregulated retail electricity and natural gas marketing entity in the Midwest. McLean was instrumental in instilling a disciplined process culture and in harnessing the creativity of the talent within Exelon Power Team, which are now the foundational cornerstones of the organization’s success. During his tenure, Exelon Power Team has been on the cutting edge of development of proprietary systems that provide for seamless load management, scheduling, dispatch, communication and reconciliation. In addition, McLean cultivated a depth of skill sets within the organization to include a variety of analytical roles geared toward managing risk from a variety of perspectives.

From 1999 – 2007 as president, Exelon Power Team, the portfolio grew from 10,000 MW to 32,000MW (220% increase) while revenues have increased from $4 Billion to $10 billion for the same period. McLean led Power Team to be successful through several years where the volatility in the industry had a dramatically negative effect on many other companies in the industry.

Prior to joining Exelon, McLean was group vice president of industrial commodities management for Engelhard Corporation, where he was responsible for global trading, refining and recycling businesses with sites around the world. Engelhard Corporation, now incorporated into BASF, is a leading supplier of catalysts used in the petroleum, chemical and food industries. An unusually diversified company, Engelhard also produces a variety of industrial products such as paper coating agents, color pigments, temperature sensing devices, and precious metal-coated anodes, as well as materials for consumer goods such as cosmetics and automotive paints.

Community Involvement

McLean’s professional accomplishments are complemented by his active engagement in the community. He is a board member of the Southeastern Pennsylvania Chapter of the American Red Cross. McLean also serves on the Lerner College of Business Advisory Board for the University of Delaware. Additionally, McLean has been a leading supporter of the Granville Academy in Trenton, New Jersey.

Education

McLean received his Bachelor of Science degree, with honors, in mathematics from Teesside University, located in northern England.

Family

McLean and his wife, Kathryn, have four children and two grandchildren.