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James   McHugh

CEO, Constellation  Executive Vice President, Exelon


​​​​With more than 25 years of experience in the energy industry, McHugh heads Constellation, Exelon’s leading competitive retail and commodities business, which provides clean energy options and access to the largest supply of zero-carbon energy nationwide. Constellation is responsible for the marketing of electricity, natural gas, and other energy-related products and services to homes and businesses across the United States.


Professional History

McHugh previously served as senior vice president of wholesale trading. In this role, he was responsible for the wholesale trading and portfolio management of Exelon’s generation, load, transactions and contracted assets. The group optimizes the value of the company’s national portfolio through its trading decisions in the power, natural gas, and environmental products markets. Before his wholesale trading work, McHugh was senior vice president of portfolio management and strategy. In that role, he was responsible for fundamental analytics and commodity price forecasting, the portfolio management hedging strategy for the company’s integrated generation and load portfolios, pricing and structuring of complex transactions, product management, transmission analytics, quantitative analytics, and wholesale/retail integration.  

Prior to the Exelon-Constellation merger in 2012, McHugh was the director of the Midwest and mid-Atlantic regional trading desks for the Exelon Power Team. He has held various leadership positions on the Power Team, including director of portfolio management and manager of the proprietary trading book.  

Before joining the Power Team, McHugh worked for five years at Conectiv Energy in Wilmington, Delaware, where he was the director of power trading for the company’s integrated power portfolio of generation assets and load positions in the PJM markets. He also worked at PJM Power Pool as an engineer in the scheduling and operations groups, where he was responsible for analyzing PJM’s interchange limits and scheduling interchange transactions between PJM and neighboring control areas.  


Civic Involvement

McHugh is a member of the board of trustees of the Maryland Zoological Society, operator of the Maryland Zoo in Baltimore. 



McHugh has a bachelor’s degree in Electrical Engineering from Lehigh University in Bethlehem, Pennsylvania, and a Master of Business Administration in Finance from Villanova University in Villanova, Pennsylvania.