Exelon appoints Calvin Butler interim CEO
Exelon Utilities announced Tuesday the appointment of Calvin Butler Jr. as the company’s interim CEO.
Butler has been CEO of Baltimore Gas and Electric Co. (BGE) for the past five years. He will continue to serve as CEO of BGE, which Exelon also owns, during this interim appointment.
In this new role, Butler replaces Anne Pramaggiore, senior executive vice president and CEO of Exelon Utilities, who is retiring. The CEOs of Exelon’s other utilities – Joseph Dominguez of ComEd, Michael Innocenzo of PECO, and David M. Velazquez of Pepco Holdings – will report to Butler.
Butler has more than 25 years of leadership experience in the utilities industry.
“We are pleased Calvin is assuming this role on an interim basis to work closely with our strong utility leadership team,” Christopher Crane, Exelon’s president and CEO, said. “Calvin has established an excellent track record of successfully executing on BGE’s strategic initiatives, including driving meaningful improvements in customer service, safety, and reliability, and delivering solid financial results. Importantly, Exelon benefits from a deep bench of talent and industry expertise. Our leadership team remains well-positioned to continue executing on our strategic priorities, including our customer-first approach, safety, reliability and sustainability initiatives, and regulatory strategy.”
Before becoming CEO of BGE in 2014, Butler was BGE’s senior vice president for regulatory and external affairs. Prior to that, he worked at ComEd as senior vice president of corporate affairs and vice president of governmental and legislative affairs. He also held senior leadership roles at RR Donnelley.
“We thank Anne for her valuable service to Exelon and ComEd and the important contributions she made to enhance our utility operations throughout her tenure. Over the past several years, including under her leadership, Exelon’s utilities have continued to achieve high levels of reliability and record levels of customer satisfaction while implementing industry-leading strategies for the future of our utility business. We remain steadfast in our commitment to providing our millions of customers with clean, affordable, and reliable energy and outstanding service. We are confident this will be a smooth transition for all Exelon stakeholders, including our customers, employees, communities, and shareholders,” Crane added.
