Velazquez previously served as president and CEO of Pepco Holdings, (PHI), where he was responsible for the leadership and overall operational and financial performance of the business.
Prior to PHI’s merger into Exelon, Velazquez was the executive vice president and leader of the power delivery business for PHI. He managed over 95 percent of the business and employee base and was responsible for all utility operations in three states and the District of Columbia including IT and support services, and four local unions.
From 2006 to 2009, Velazquez served as president and CEO of Conectiv Energy, PHI’s competitive merchant generation and energy trading subsidiary. He served as vice president of strategic planning and chief risk officer of PHI from 2005 to 2006.