Exelon
Chicago, Illinois, United States · Biomass Energy, Energy, Oil And Gas
Exelon Corp. is a Fortune 200 company and the nation’s largest utility company, serving more than 10.5 million customers through six fully regulated transmission and distribution utilities.
Key facts
- Headquarters
- Chicago, Illinois, United States
- Employees
- 20,000
- Industries
- Biomass Energy, Energy, Oil And Gas
- Status
- Public (EXC)
- Website
- exeloncorp.com
- Company page
Recent activity at Exelon
- : Exelon Partners with ComEd and Richardson Electronics for Battery Storage Initiative in Illinois.
- : Exelon Corporation Announces Jeanne Jones as Executive Vice President of Finance and Strategy
- : SEC 8-K (1.01): On February 20, 2026, Exelon Corporation entered into a material definitive agreement by issuing and selling $775 million in aggregate principal amount of 4.950% Notes due 2036. This issuance aims to retire the Company’s $750 million 3.400% Notes at maturity and to support general corporate purposes. The Notes, which will pay interest semi-annually starting September 15, 2026, show the Company's strategic move to manage its debt and financing structure effectively. The agreement involved major financial institutions as underwriters, including BNP Paribas Securities Corp., Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC. Significant legal opinions were provided concerning this transaction, further ensuring compliance and integrity of the agreement.
- : Exelon Appoints Tim Peterson as Chief Customer and Technology Officer
- : SEC 8-K (1.01): On December 4, 2025, Exelon Corporation completed the sale of $1 billion aggregate principal amount of 3.25% Convertible Senior Notes due 2029. This private offering includes a full exercise of a $100 million option for additional Notes. The Notes are senior and unsecured obligations, with interest payable semiannually starting on September 15, 2026, and maturity on March 15, 2029. They are convertible into cash and shares of Exelon's common stock under specific conditions, with an initial conversion price of about $57.11 per share, representing a 25% premium over the closing price on December 1, 2025. The agreement includes terms for conversion and repurchase upon a Fundamental Change, outlining the strategic importance of the financial instrument for the company's investment and liquidity plans.
- : SEC 8-K (5.02): On November 26, 2025, Exelon Corporation announced the departure of David Glockner, Executive Vice President, Compliance, Audit and Risk, effective January 1, 2026. Mr. Glockner will receive severance benefits under Exelon’s Senior Management Severance Plan for a termination not for 'cause.' Following his departure, Jeanne Jones will take on an expanded role as Executive Vice President, Chief Finance Officer, Audit and Risk, while Colette Honorable will also expand her role as Executive Vice President, Chief Legal Officer, Compliance and Corporate Secretary. This leadership transition indicates a strategic shift in Exelon’s compliance and audit oversight during a critical period for governance and risk management.
- : SEC 8-K (7.01): On November 18, 2025, Exelon Corporation received preliminary approval from the United States District Court for the Northern District of Illinois for a proposed settlement of a consolidated stockholder derivative action, In re Exelon Corporation Derivative Litigation. This follows mediation efforts by the Special Litigation Committee (SLC) and the Board of Directors, aimed at addressing claims made by derivative stockholders concerning the corporation's governance. This approval marks a significant step in the resolution of ongoing litigation, potentially impacting corporate governance and investor perceptions of Exelon. The exact financial terms of the settlement have not been disclosed, but the process was designed to ensure the independence and objectivity of the recommendations made by the SLC.
- : SEC 8-K (7.01):
- : Exelon Appoints Jaclyn Cantler and Valencia McClure as Senior Vice Presidents
- : Exelon Promotes Jessica Hart to Senior Vice President and Chief Investment Officer
Leadership
- Douglas Oliver, Senior Vice President of Governmental, Regulatory & External Affairs
- Jeanne Jones, Vice President of Finance
- Tim Peterson, Chief Customer Officer
- Samuel Meyer, Retail Operations Pre-Deal Data Management, Analyst II Metro North & Mid-Atlantic POD Leader
- Valencia McClure, Senior Vice President
- Jaclyn Cantler, Senior Vice President
- Jessica Hart, Vice President
- Dave Velazquez, President
- Mike Innocenzo, Vice President
Verified email and direct lines for Exelon’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Exelon files 111 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Exelon in the news
- NextEra Energy Transmission and Exelon Power Pennsylvania and West Virginia's Energy Future - NextEra Energy Newsroom (Dec 08, 2025)
- Exelon Reports First Quarter 2026 Results - Business Wire (May 06, 2026)
- Exelon (EXC): Company Profile, Stock Price, News, Rankings - Fortune (May 18, 2020)
- Maryland's Journey to a Renewable Future - ArcGIS StoryMaps (May 24, 2021)
- Exelon Launches the Exelon Promise to Fight Out of Control Energy Costs - Business Wire (Feb 17, 2026)
- Exelon Secures $13 Million in Savings for Natural Gas Customers - Business Wire (May 12, 2026)
- Exelon Expands 2c2i Portfolio with New Investments in Natrion and Blackcurrant AI - Business Wire (May 21, 2026)
- Exelon Names Elizabeth Pitts-Madonna Senior Vice President and Chief Human Resources Officer - Business Wire (Nov 20, 2025)
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About Exelon: questions and answers
What does Exelon do?
Exelon Corp. is a Fortune 200 company and the nation’s largest utility company, serving more than 10.5 million customers through six fully regulated transmission and distribution utilities.
Where is Exelon headquartered?
Exelon is headquartered in Chicago, Illinois, United States.
How many employees does Exelon have?
Exelon has about 20,000 employees.
Who leads Exelon?
Douglas Oliver is a Senior Vice President of Governmental, Regulatory & External Affairs at Exelon.
What is the latest news on Exelon?
On Oct 20, 2026, Exelon Partners with ComEd and Richardson Electronics for Battery Storage Initiative in Illinois.
Is Exelon a public company?
Yes. Exelon is publicly traded under the ticker EXC.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy