Exelon Announces Changes in Finance Organization

Exelon today announced that Senior Vice President and Treasurer Michael Metzner and Senior Vice President, Corporate Development Mark "Mac” McFarland are leaving their positions at Exelon to take jobs at other companies in the electric industry. Metzner will be leaving Exelon on June 6 to become executive vice president and chief financial officer of First Wind, a privately-owned wind energy company focused on the development, ownership and operation of wind energy projects. First Wind, formerly known as UPC Wind, was founded in 2002 and is based in Newton, Massachusetts. Following Metzner’s departure, Exelon’s Treasury, Investor Relations and Risk Management groups will report directly to Chief Financial Officer Matthew Hilzinger. McFarland resigned last week to go to work at Energy Future Holdings in Dallas, Texas. McFarland will be replaced by Kyle Crowley, newly named vice president of Corporate Development. Crowley, who currently serves as director of Corporate Development at Exelon, will report directly to Ian McLean, executive vice president, Finance and Markets. "Michael and Mac have been highly valued members of Exelon’s financial leadership team. They will be missed,” said John W. Rowe, chairman, president and CEO of Exelon. "We congratulate them on these next steps in their careers and wish them continued success. We are fortunate to have talented people in our Finance organization and will continue our smooth operations. One of those people is Kyle Crowley, and we offer him our congratulations on his new responsibilities.” Crowley joined Exelon five years ago as a manager in the Corporate Development group after working in the global mergers and acquisitions practice at Lehman Brothers; he was promoted to director in 2006. Crowley earned his MBA from the University of Chicago Graduate School of Business and his undergraduate degree from Indiana University. Exelon Corporation is one of the nation's largest electric utilities with approximately $19 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 and trades on the NYSE under the ticker EXC.