Exelon, Constellation Name Leadership for Combined Commercial Business

Exelon and Constellation today announced the executive team that will run the Constellation business unit following the closing of the companies' planned merger.

The following executives will report to Kenneth Cornew, who as previously reported will become executive vice president and chief commercial officer of Exelon and president and CEO of Constellation following the merger:

• Mark Huston, currently managing director/head of Retail Energy at Constellation, will become senior vice president, Retail, with responsibility for all aspects of Constellation's retail power, gas, solar/renewable, load response, energy efficiency and services businesses.

• Joseph Nigro, currently senior vice president of Portfolio Management and Strategy at Exelon, will become senior vice president, Portfolio Strategy, with responsibility for portfolio management, market fundamentals, pricing, quantitative analytics and transmission, strategic systems and business operations, integration management and commercial transactions.

• Max Duckworth, currently co-head of Commodities at Constellation, will become senior vice president, Proprietary Trading and Fuels, with responsibility for fuels, environmental and emission risk management and execution, upstream exploration and production, and proprietary trading (fuels, power and weather).

• Edward Quinn, currently co-head of Commodities at Constellation, will become senior vice president, Wholesale Trading and Origination, with responsibility for wholesale trading and origination and portfolio operations.