For Immediate Release
PHILADELPHIA(April 9, 2018) – PECO President and CEO Mike Innocenzo announced today that John McDonald has been named as the company’s new Senior Vice President and COO. McDonald returns to PECO after serving as Vice President, Utility Integration at Pepco Holdings for nearly three years. Pepco Holdings serves as the parent company for Atlantic City Electric, Delmarva Power, and Pepco; and are also owned by PECO parent company, Exelon Corporation.
During his more than 35-year career, McDonald served in various leadership roles at PECO and Exelon including, Vice President of Technical Services, and director-level roles in Distribution System Operations, Transmission and Regional Electric Operations.
In his most recent role, McDonald oversawthe project management initiative responsible for integrating Pepco Holdings into the Exelon organization. Key areas of focus included merger commitments, synergy savings, utility operations and reliability enhancements.
“We are pleased to have John return to PECO and we know he is poised to help us deliver on our promise of providing safe and reliable energy to our customers,” said Innocenzo. “Beyond his operational and customer focus, we value his deep understanding of our customers and commitment to the communities we serve.”
McDonald serves on the boards of the Business Leaders Organized for Catholic Schools (BLOCS) in Philadelphia and Drexel Neumann Academy in Chester City. He also serves as one of PECO’s co-leads for the annual Leukemia and Lymphoma Society Light the Night Walk.
“I’m excited to assume this new leadership role and I’m looking forward to enhancing PECO’s already industry-leading operational performance and supporting new initiatives to help drive a premier customer experience,” said McDonald. “I began my career with PECO and as a Philadelphia native, it’s a great feeling to serve the communities throughout the region that I know so well.”
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 516,000 natural gas customers in southeastern, Pennsylvania. The company's 2,500 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. PECO was named 2017 Best Mid-size Employer in Philadelphia by Forbes Magazine. The company also has an estimated annual economic impact of $4.3 billion in Pennsylvania, supporting more than 8,700 local jobs and producing $732 million in labor income. PECO is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's only Fortune 100 utility and leading competitive energy provider. For more information visit
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