Exelon today announced the Finance executives reporting to Jonathan
W. (Jack) Thayer, who has previously been named executive vice
president and chief financial officer of the combined company, upon
close of Exelon's planned merger with Constellation.
The company is naming executives in the Finance group ahead of schedule
to ensure that the appropriate accountability and delegation of
authority related to Exelon's financial systems and banking
relationships are firmly in place in advance of the close of the merger.
The rest of the executives who will report to President and CEO Christopher
M. Crane's direct reports are expected to be named in February.
"I am excited to welcome this group of proven leaders to the Finance
executive group for the new Exelon," said Thayer. "We are fortunate to
have a very high level of talent, and I believe the diverse backgrounds
and experiences of this team will enable us to produce superior results
for our company and our customers. I'm looking forward to driving
efficiency and supporting growth with this team once our merger closes."
Reporting directly to Thayer upon completion of the merger will be the
Andrew L. Good, currently senior vice president, Corporate
Strategy and Development at Constellation, who will become senior vice
president and chief financial officer, Exelon Generation. Good also will
report to Crane in his capacity as president of Exelon Generation.
Reporting directly to Good will be Jorge Acevedo, currently vice
president and controller for PECO, who will become vice president, Power
Finance, and Jeffrey R. Williams, who retains his role as vice
president, Nuclear Finance.
Bryan P. Wright, currently vice president, chief accounting
officer and controller at Constellation, who has been named senior vice
president, Corporate Finance. Reporting to Wright will be JaCee M.
Burnes, currently vice president and assistant treasurer, Exelon,
who will become vice president, Investor Relations; Matthew R.
Galvanoni, currently vice president and assistant controller,
Exelon, who will become vice president, Financial Systems Integration,
with responsibility for strategy and execution involved in bringing
together the companies' financial technologies; and Karie L. Anderson,
currently Exelon's vice president, Corporate FP&A, who has been named to
an interim executive role supporting Corporate FP&A & Special Projects.
Duane M. DesParte, who will remain in his role as vice president
and controller, Exelon. Reporting to DesParte, and working closely with
their respective operating company chief financial officers, will be Robert
"Buddy" Aiken, currently executive director and assistant
controller, Constellation, who will become vice president and
controller, Exelon Generation; David M. Vahos, currently
executive director, Audit, Constellation, who will become vice president
and controller, BGE, in the fourth quarter of 2012 after the planned
retirement of Anne A. Hahn, who currently holds the position; Kevin
J. Waden, who will remain in the role of vice president and
controller, ComEd; and Scott A. Bailey, currently assistant
controller at Exelon Generation, who has been named vice president and
Stacie M. Frank, currently vice president, Investor Relations for
Exelon, who will become vice president and treasurer.
Mary E. Ludford, who will remain in the role of vice president,
Audit & Controls, reporting to the Audit Committee of the Exelon Board
of Directors in addition to her reporting administratively to Thayer.
Thomas D. Terry Jr., who will remain in the role of vice
The following utility Finance executives will report both to Thayer and
to their respective utility chief executive officer upon close of the
Phillip S. Barnett, currently senior vice president and CFO,
PECO, who will add the title of treasurer and report to Thayer and PECO
President and CEO Craig L. Adams.
Carim V. Khouzami, who will remain in the role of vice president,
CFO and treasurer of BGE, reporting to Thayer and BGE President and CEO Kenneth