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CHICAGO - Exelon Corporation (NASDAQ:EXC), a $43.8 billion utility giant whose stock has delivered a robust 29% return over the past year, announced Thursday two senior leadership appointments within its Governmental, Regulatory and External Affairs organization aimed at enhancing customer service across its Mid-Atlantic service territories.
Jaclyn Cantler has been named senior vice president for Delaware and New Jersey operations, where she will lead regulatory, legislative and strategic initiatives for Delmarva Power in Delaware and Atlantic City Electric in New Jersey. Cantler previously served as vice president of Electric Operations for Pepco Holdings and brings 23 years of company experience to the role.
Valencia McClure has been promoted to senior vice president overseeing regulatory, legislative and strategic initiatives for Exelon’s energy companies in Maryland and Washington, D.C., including BGE, Delmarva Power Maryland and Pepco. McClure previously held the position of vice president of Governmental, Regulatory and External Affairs and Pepco region president.
The company also announced that Alexander Núñez, senior vice president of Governmental, Regulatory and External Affairs for BGE, will retire at the end of August after 24 years with the company.
According to the company’s press release, the restructuring aims to create a more streamlined organization that can better respond to changing policy landscapes and customer needs across its service areas.
Cantler, a Licensed Professional Engineer in Delaware, serves on the board of the Boys and Girls Club of Delaware. McClure is active in several community organizations, including the boards of the Washington DC Economic Development Partnership and the University of Maryland School of Medicine.
Exelon serves more than 10.7 million customers through six regulated transmission and distribution utilities across the Mid-Atlantic and Midwest regions. With a healthy 41.7% gross profit margin and positive earnings forecasts, the company shows promising financial metrics. Discover more detailed insights and analysis in Exelon’s comprehensive Pro Research Report, available exclusively on InvestingPro, along with 12 additional key ProTips for informed investment decisions.
In other recent news, Exelon Corporation reported a strong start to 2025 with first-quarter earnings that exceeded expectations. The company achieved an earnings per share (EPS) of $0.92, surpassing the forecasted $0.71, and reported revenues of $6.71 billion, which were $500 million above projections. Exelon reaffirmed its full-year earnings guidance, projecting an EPS range of $2.64 to $2.74, supported by a $38 billion investment plan over four years. In leadership changes, PECO, a subsidiary of Exelon, announced the appointment of David Vahos as its new President and CEO, succeeding David Velazquez, who is retiring after a long career in the energy sector. Vahos brings extensive experience from his previous role as CFO at Pepco Holdings, another Exelon subsidiary. Additionally, Exelon is actively engaging with legislative and regulatory reforms, particularly in Maryland, where new energy bills focus on energy security and battery storage development. These developments reflect Exelon’s strategic focus on operational efficiency and growth initiatives.
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