Exelon CEO Named Best Electric Utility CEO in America by Institutional Investor
Exelon, a long-time Licensed TapRooT® User, was honored when their CEO, John Rowe, was named Best Electric Utility CEO by Institutional Investor.
John said: “Exelon has been one of the most consistently profitable companies in the electricity industry, having grown our operating earnings an average of about 12 percent per year over the past seven years. I’m honored to be recognized by the financial community and Institutional Investor for our success. It’s my job and the job of Exelon’s management team to deliver sustainable value to our shareholders, and I believe Exelon is uniquely positioned to continue on a successful path in the years ahead.”
To arrive at its list of Best U.S. CEOs, Institutional Investor surveyed portfolio managers, analysts and other investment professionals. It asked these individuals to name the best U.S. CEOs in the sectors in which they invest. Some 900 people at 425 institutions responded, offering first, second and third place votes in each of the sectors with which they were familiar. These votes were weighted to produce a score for each executive that Institutional Investor used to compile the rankings.
Additional information can be found at www.iimagazine.com and in the January issue of the magazine.
Exelon Corporation is one of the nation’s largest electric utilities with more than $15 billion in annual revenues. The company has one of the industry’s largest portfolios of electricity generation capacity, with a nationwide reach and strong positions in the Midwest and Mid-Atlantic. Exelon distributes electricity to approximately 5.4 million customers in northern Illinois and Pennsylvania and natural gas to approximately 480,000 customers in the Philadelphia area. Exelon is headquartered in Chicago.
Part of Exelon’s success is due to their efforts to improve performance both reactively and proactively by finding the root causes of human performance and equipment problems. As part of the TapRooT® Summit, Exelon will be sharing one of their performance improvement programs – Exelon’s Error Free Performance Tool.
For more information about the TapRooT® Summit, see: