Rosemarie B. Greco Independent Director

Profile

Ms. Rosemarie B. Greco has been a director of Exelon since October 20, 2000. 

Ms. Greco is the founding principal of GRECOVentures Ltd., a private management consulting firm. She served as a Senior Advisor to the Governor of Pennsylvania-Health Care Reform until January 2011. She also served as the director of the Governor’s Office of Health Care Reform for the Commonwealth of Pennsylvania from January 2003 through December 2008. 

She was formerly President of CoreStates Financial Corporation and former Director, President and CEO of CoreStates Bank, N.A. She served since from 1998 through 2011 as a director of Sunoco, Inc. (energy), where she chaired the compensation committee and served on the audit and governance committees, and since 1997 as a trustee of Pennsylvania Real Estate Investment Trust, where she serves as chair of the executive compensation and human resources committee. She has also served as a trustee of SEI Investment Management Corp., a subsidiary of SEI Investments, Co., since 1999.

Greco also serves as a director of PECO. While at CoreStates Bank she served for a time as head of human resources department, experience that has been valuable to her service as chair of Exelon’s compensation committee. Her experience in the banking industry in Philadelphia has given her insight into the needs of the bank’s clients, who are also customers of PECO.

Ms. Greco’s role as a female executive has brought diversity to Exelon’s board, and she has contributed to Exelon’s diversity initiatives. Her experience as a CEO with responsibility for overseeing the quality of operations is a useful background for her work on the energy delivery oversight committee, with its focus on operational issues at ComEd and PECO. Ms. Greco’s experience as a CEO, a management consultant, and a member of a number of corporate boards and governance committees contribute to her effectiveness as a member of the corporate governance committee. In addition, her service as chair of the compensation committee while also serving as a member of the corporate governance committee is designed to facilitate communications between the committees with respect to performance evaluations and succession planning for the executives in conjunction with executive compensation decisions.