exelon corp (EXC) Snapshot

Exelon Corporation Presents at 2013 RBC Capital Markets' Global Energy & Power Conference, Jun-04-2013 10:30 AM. Venue: Ritz-Carlton New York, Battery Park Hotel, New York, New York, United States.

Exelon Corporation named Kenneth W. Cornew as new chief executive of Exelon Generation. Kenneth W. Cornew, who was formerly president and chief executive of Exelon's Constellation business unit in Baltimore, will also assume the titles of senior executive vice president and chief commercial officer of the Exelon parent company.

Exelon Corporation announced that Kenneth W. Cornew, formerly executive vice president and chief commercial officer, Exelon, and president and CEO of Exelon business unit Constellation, has been named senior executive vice president and chief commercial officer, Exelon, and president and CEO of Exelon Generation. In his new role, Cornew assumes leadership of the nation's leading fleet of competitive power plants, with approximately 35,000 megawatts located primarily in the Midwest, Mid-Atlantic and Texas. His portfolio includes the nation's nuclear fleet and a growing renewable energy development business. He will be based at the Exelon Generation headquarters in Kennett Square, Pa. Joseph Nigro, formerly senior vice president, portfolio management and strategy, Constellation, has been named executive vice president, Exelon, and CEO, Constellation. Nigro will report to Cornew and assume responsibility for the wholesale and retail marketing of electricity, natural gas and other energy-related products and services to Constellation customers in 45 states, the District of Columbia and parts of Canada. He will remain based in Baltimore, Md. Cornew became president and CEO of Constellation following its merger with Exelon in March 2012. Prior to that role, he served as senior vice president of Exelon and president of Exelon Power Team beginning in 2008. Nigro's most recent role was responsible for leading all aspects of Constellation's portfolio management and strategy of Exelon.