Exelon CEO Chris Crane to retire Dec 30; Calvin Butler named successor as CEO

EXELON CORP

CEO Chris Crane retiring Dec 30, 2022 due to health issues; Calvin Butler becomes CEO Dec 31, 2022.
Butler currently President & COO; previously led Exelon Utilities and Baltimore Gas and Electric.
Exelon reaffirms midpoint of 2022 adjusted operating earnings guidance and 6-8% growth target 2021-2025.
Q3 2022 earnings call scheduled for Nov 3, 2022.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Christopher Crane

Chief Executive Officer

EXC · EXELON CORP

Effective: 2022-12-30
Successor: Calvin Butler
Filed: November 2, 2022, 7:59 PM ET

On November 2, 2022, Exelon Corporation (Exelon) announced that Chief Executive Officer, Christopher Crane will retire from his position as CEO, and from his role as a director on Exelon’s Board of Directors, effective December 30, 2022, due to health reasons.

Appointed

Calvin Butler

Chief Executive Officer

EXC · EXELON CORP

Effective: 2022-12-31
Filed: November 2, 2022, 7:59 PM ET

Exelon also announced that Exelon President and Chief Operating Officer, Calvin Butler, will become Exelon’s Chief Executive Officer and will become a member of the Exelon Board, in each case effective December 31, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Crane retired as Chief Executive Officer at EXELON CORP.

Action: retired
Role: Chief Executive Officer

Exact text from the filing

On November 2, 2022, Exelon Corporation (Exelon) announced that Chief Executive Officer, Christopher Crane will retire from his position as CEO, and from his role as a director on Exelon’s Board of Directors, effective December 30, 2022, due to health reasons.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Calvin Butler was appointed as Chief Executive Officer at EXELON CORP.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Exelon also announced that Exelon President and Chief Operating Officer, Calvin Butler, will become Exelon’s Chief Executive Officer and will become a member of the Exelon Board, in each case effective December 31, 2022.

View on SEC.gov

EXELON CORP filing history →

Source: SEC EDGAR

accession 0001109357-22-000106

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