Exelon Corporation has announced the senior leadership team of its transmission and distribution utility business, competitive power generation and retail energy businesses.

As a result, Joseph Dominguez, currently the CEO of Commonwealth Edison Co. (ComEd), has been promoted to CEO of Exelon Generation and incoming CEO of the competitive energy business, which will be called Constellation. 

“Constellation will be the largest producer of clean energy in the nation by a wide margin, giving our expansive customer-facing platform a competitive edge as consumers and policymakers increasingly demand sustainable energy solutions,” Dominguez said in a press release. 

“I’m excited about the opportunity to lead such a talented workforce as we seek new opportunities to help our customers and communities reduce pollution and power a next-generation energy grid,” he added.

“I’m excited about the opportunity to lead such a talented workforce as we seek new opportunities to help our customers and communities reduce pollution and power a next-generation energy grid,” he added.

Since he took over as CEO of ComEd in 2018, Dominguez has overseen the management of an electric grid which serves more than 4 million customers in Chicago and most of northern Illinois. 

Responsible for the safe and reliable delivery of electricity to customers, Dominguez has led ComEd during a period of record performance for customers, including best-ever reliability and customer satisfaction. 

Dominguez originally joined Exelon in 2002, first as associate general counsel. In 2004, he became general counsel for PECO. In 2007, he was named senior vice president of state regulatory and government affairs and general counsel of Exelon Generation, before his role expanded to include senior vice president of communications in 2009, and later senior vice president of federal regulatory affairs and public policy for Exelon in 2010. 

In 2012, Dominguez became senior vice president of governmental and regulatory affairs and public policy for Exelon. 

A number of other senior leadership team announcements, which are effective immediately, were made, as well. 

Christopher Crane, Exelon president and CEO will continue his role as CEO; Joseph Nigro, Exelon CFO will continue his role; Daniel Eggers, currently senior vice president of corporate finance for Exelon has been named CFO of Exelon Generation and incoming CFO of Constellation; and Calvin Butler, currently CEO of Exelon Utilities, will assume the role of interim CEO of ComEd.

These announcements signify another element of Exelon’s separation process, which was first announced in February. The process is on track to closing during the first quarter of 2022, pending the completion of the remaining regulatory approvals.

The separation is being done to give each company the financial and strategic independence to focus on its unique customer needs, while remaining focused on its core business strategy. 

“The two companies will be leaders in their respective industries and will have the resources necessary to best serve their respective customers and sustain long-term investment and operating excellence,” Crane said in a press release.

Exelon Corp. is the nation’s leading competitive energy provider, which does business with approximately 10 million customers across 48 states, D.C. and Canada, and employs approximately 32,300 people nationwide.