secwatch.observer — SEC 8-K summary
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Issuer:     EXELON CORP (EXC)
CIK:        0001109357
Form:       8-K
Filed at:   2023-06-15T23:59:59+00:00
Accession:  0001104659-23-071598
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exelon CFO departure; internal successor named with $500K salary
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- Joseph R. Trpik Jr., SVP & Corporate Controller, departs June 29, 2023 for external opportunity.
- Robert A. Kleczynski becomes SVP, Corporate Controller & Tax, principal accounting officer effective June 30, 2023.
- Kleczynski's new compensation: base salary $500K, annual incentive 60% of salary, LTI target $500K.
- LTI split: 67% performance shares, 33% restricted stock units; payout based on pre-set targets.
- Kleczynski remains eligible for health, welfare, retirement, relocation, and severance plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1109357/000110465923071598/0001104659-23-071598-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1109357/000110465923071598/tm2318763d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-071598

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