Welcome to our dedicated page for Exelon news (Ticker: EXC), a resource for investors and traders seeking the latest updates and insights on Exelon stock.
Exelon Corporation (EXC) reports developments across a regulated electric and gas utility portfolio anchored by Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco. Recurring company news covers utility earnings drivers, approved distribution and transmission rates, grid investment recovery, dividend declarations and customer-affordability initiatives under The Exelon Promise.
Coverage also reflects ComEd energy efficiency programs in northern Illinois, small-business and low-income customer incentives, Illinois Commerce Commission reconciliation filings, and federal policy matters involving FERC and the PJM regional electric grid. These updates connect Exelon's transmission and distribution operations with customer costs, reliability planning and regulated rate mechanisms.
PECO, an Exelon company (Nasdaq: EXC), announced the retirement of President and CEO David Velazquez, effective July 1, after more than 40 years of service. David Vahos has been appointed as the new President and CEO, effective June 1, and will join Exelon's Executive Committee.
Vahos brings over 30 years of financial and operational leadership experience, most recently serving as senior vice president, CFO and treasurer of Exelon subsidiary Pepco Holdings. A Villanova University graduate with an MBA from Johns Hopkins, Vahos previously held leadership roles at Baltimore Gas and Electric and is actively involved in civic and nonprofit organizations, including serving as a founding board member of ALPFA Baltimore Chapter.
ComEd, a unit of Exelon Corporation (NASDAQ: EXC), has announced the return of its annual ComEd EV Rally STEM program for young women in Illinois. The program offers 45 female teens aged 13-18 the opportunity to build and race electric go-carts while receiving mentorship from ComEd professionals. Each participant will receive a $2,000 scholarship for STEM education.
The program, running since 2014, has engaged over 250 teens and aims to address the gender gap in STEM careers, where only 28% of professionals are women. The July program culminates in a race at the Griffin Museum of Science and Industry on July 26. Applications are open until June 1 at ComEd.com/STEM.
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Exelon Corporation has announced a quarterly dividend of $0.40 per share on its common stock. The dividend will be paid on June 13, 2025, to shareholders recorded as of May 12, 2025.
As a Fortune 200 company and one of the largest utility providers in the nation, Exelon serves over 10.7 million customers through six regulated transmission and distribution utilities:
- Atlantic City Electric (ACE)
- Baltimore Gas and Electric (BGE)
- Commonwealth Edison (ComEd)
- Delmarva Power & Light (DPL)
- PECO Energy Company (PECO)
- Potomac Electric Power Company (Pepco)
The company employs 20,000 people who focus on delivering reliable and affordable energy services while supporting communities through workforce development, equity initiatives, economic development, and volunteerism.
Exelon (Nasdaq: EXC) has appointed W. Paul Bowers as its new Independent Board Chair, effective April 29, succeeding retiring Chair John F. Young. Bowers, who joined Exelon's Board in 2021, brings over four decades of utilities industry experience, having previously served as Chair and CEO of Georgia Power.
Calvin Butler, Exelon's President and CEO, emphasized that Bowers' leadership comes at a crucial time for both the company and industry. As Exelon approaches its 25th year, the company aims to maintain its position as a leader in energy transformation through strategic investments.
Bowers currently serves as Lead Non-Management Director at Aflac and holds board positions at EnviroSpark, Children's Healthcare of Atlanta, and Brand Safway. Exelon, a Fortune 200 company, serves over 10.7 million customers through six regulated utilities:
- Atlantic City Electric
- BGE
- ComEd
- Delmarva Power
- PECO
- Pepco
Exelon (Nasdaq: EXC) has announced key leadership changes effective May 1. Carim Khouzami, current president and CEO of BGE, will become Executive Vice President of Transmission and Development, overseeing transmission operations across all Exelon regions and managing growth initiatives. Tamla Olivier, currently senior VP and COO of Pepco Holdings, will succeed Khouzami as president and CEO of BGE.
BGE serves over 1.3 million electric and 700,000 gas customers in central Maryland. Khouzami, a 20-year company veteran, previously served as COO of Exelon Utilities and CFO of Exelon Utilities. Olivier, with nearly 15 years at Exelon, has led Pepco Holdings' operations since 2021, achieving highest reliability rankings and implementing major infrastructure upgrades.
ComEd, a unit of Exelon (NASDAQ: EXC), celebrated the graduation of 73 participants from its job training programs - CONSTRUCT Infrastructure Academy and Craft Academy. This milestone marks over 1,000 local residents served by these programs since 2013.
The free training initiatives, designed to build a diverse talent pipeline, have achieved a 70% placement rate in entry-level positions across ComEd and partner employers. The programs have notably served diverse communities, with over 95% of participants being people of color and 25% being women. This year's class maintains similar diversity metrics, with 90% people of color and 20% women representation.
A 2023 ComEd study projects 150,000 new jobs in Illinois by 2050 supporting energy transformation. The 11-week CONSTRUCT program graduated 64 participants, while the 6-week Craft Academy trained 9 individuals for entry-level trades roles. Since 2018, ComEd has hired over 1,000 entry-level workers through its agreement with IBEW Local 15.