{"schema_version":"secwatch.filing_event.v1","accession":"0001109357-24-000042","form_type":"8-K","ticker":"EXC","cik":"0001109357","company_name":"EXELON CORP","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.387663+00:00","generated_at":"2026-06-06T07:43:43.134415+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Exelon promotes Mike Innocenzo to COO; Dave Velazquez to lead PECO; CHRO succession","bullets":["Mike Innocenzo becomes Exelon EVP & COO effective April 1, 2024; base salary $685k, LTI target $1.765M.","Dave Velazquez succeeds Innocenzo as PECO President & CEO (April 1, 2024); PECO serves ~1.7M electric and ~548k gas customers.","CHRO Amy Best to retire in May 2024 after 32 years; succeeded by Denise Galambos (BGE SVP Customer Ops) as SVP & CHRO.","Innocenzo assumes chair of BGE, ComEd, PECO and Pepco Holdings boards; Velazquez becomes PECO board vice-chair.","All changes effective April 1, 2024; Galambos joins Exelon Executive Committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001109357-24-000042","json":"https://secwatch.observer/filing/0001109357-24-000042.json","markdown":"https://secwatch.observer/filing/0001109357-24-000042.md","text":"https://secwatch.observer/filing/0001109357-24-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1109357/000110935724000042/0001109357-24-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/22606/000110935724000042/exc-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:43:43.134415+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"21da4975bc","claim":"David Velazquez resigned as Executive Vice President, Utility Operations and Technology of Exelon at EXELON CORP.","evidence_excerpt":"Effective April 1, 2024, David Velazquez will resign his current role as Executive Vice President, Utility Operations and Technology, of Exelon, and will assume the role of President and Chief Executive Officer of PECO.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109357/000110935724000042/0001109357-24-000042-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Executive Vice President, Utility Operations and Technology of Exelon"}],"fact_type":"executive_change"},{"claim_id":"2664c72ea8","claim":"Michael Innocenzo was appointed as Director of Commonwealth Edison Company at EXELON CORP.","evidence_excerpt":"Effective April 1, 2024, Mr. Innocenzo will be appointed as a director of Commonwealth Edison Company (“ComEd”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109357/000110935724000042/0001109357-24-000042-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director of Commonwealth Edison Company"}],"fact_type":"executive_change"},{"claim_id":"3512368dcd","claim":"David Velazquez was appointed as President and Chief Executive Officer of PECO at EXELON CORP.","evidence_excerpt":"Effective April 1, 2024, David Velazquez will resign his current role as Executive Vice President, Utility Operations and Technology, of Exelon, and will assume the role of President and Chief Executive Officer of PECO.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109357/000110935724000042/0001109357-24-000042-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assumed"},{"label":"Role","value":"President and Chief Executive Officer of PECO"}],"fact_type":"executive_change"},{"claim_id":"5a0c5567f1","claim":"Calvin G. Butler, Jr. resigned as Director of Commonwealth Edison Company at EXELON CORP.","evidence_excerpt":"Effective March 31, 2024, Calvin G. Butler, Jr., President and Chief Executive Officer of Exelon, will resign his position as a director of ComEd.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109357/000110935724000042/0001109357-24-000042-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director of Commonwealth Edison Company"}],"fact_type":"executive_change"},{"claim_id":"7aeedf36ee","claim":"Michael Innocenzo changed role as Executive Vice President and Chief Operating Officer of Exelon at EXELON CORP.","evidence_excerpt":"Michael Innocenzo, currently President and Chief Executive Officer of PECO Energy Company (“PECO”), will assume the role of Executive Vice President and Chief Operating Officer of Exelon effective April 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1109357/000110935724000042/0001109357-24-000042-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assumed the role of"},{"label":"Role","value":"Executive Vice President and Chief Operating Officer of Exelon"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}