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For Immediate Release

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PECO Communications

PECO.Communication@exeloncorp.com

Funmi Williamson Joins PECO Leadership Team as SVP and Chief Customer Officer, Enhancing Customer Focus

PHILADELPHIA (December 10, 2019) – As part of the company's efforts to strengthen its senior leadership team and enhance its customer-focused initiatives, Funmi Williamson will join PECO in the new role of senior vice president of Customer Operations and Chief Customer Officer.

Williamson is currently senior vice president and Chief Commercial Risk Officer at Exelon Corporation, the parent company of PECO. In this role, she leads the risk management function for Constellation and Exelon Generation, in which she is responsible for the identification, assessment, and monitoring of strategic, financial, and operational risk as well as the communication of those risks to the Finance & Risk Committee of the Board of Directors. She also held several roles in the Commercial Risk Organization and Constellation's proprietary trading team. Prior to joining the company, Williamson was a member of the Assurance and Business Advisory team at Arthur Andersen.

In her new role at PECO, Williamson will oversee all aspects of the company's customer-focused strategy, initiatives, and operations, from the Customer Care Center to its Advanced Metering Infrastructure organization.

"We're excited to have a proven leader like Funmi joining PECO. Funmi brings extensive experience in building high-performing teams that deliver results, and her expertise in developing strong governance and accountability infrastructure will be an asset as we work to advance smart energy with creative solutions for our customers," said Mike Innocenzo, PECO president and CEO. "In addition, this new customer-centric role further underscores our commitment to meeting the evolving needs of our customers in the communities we serve."

Funmi holds a bachelor's degree in Accounting from Obafemi Awolowo University, Nigeria, and an MBA from the University of Virginia's Darden School of Business. She serves on the boards of the Girl Scouts of Central Maryland and Code in the Schools. She is also a member of Executive Leadership Council.

She will assume her new position effective January 1, 2020.                           

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PECO, founded in 1881, is Pennsylvania's largest electric and natural gas utility. Headquartered in Philadelphia, PECO delivers energy to more than 1.6 million electric customers and more than 529,000 natural gas customers in southeastern Pennsylvania. The company's 2,700 employees are dedicated to the safe and reliable delivery of electricity and natural gas as well as enhanced energy management conservation, environmental stewardship and community assistance. In 2018, PECO was named to Forbes Magazine's list of Best Employers for Women. The company also has an estimated annual economic impact of $4.8 billion in Pennsylvania, supporting more than 9,000 local jobs and producing $775 million in labor income. PECO is a subsidiary of Exelon Corporation (Nasdaq: EXC), the nation's only Fortune 100 utility and leading competitive energy provider. For more information visit PECO.com, and connect with the company on Facebook and Twitter.

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