Exelon Announces Executive Changes, Innocenzo to Depart in 2027

Exelon Corporation announced several leadership position changes, including the planned 2027 departure of Chief Operating Officer Mike Innocenzo and a reshuffling of its finance leadership, according to a press release filed with the Securities and Exchange Commission.

Mike Innocenzo, who also serves as Interim President and CEO of PECO, will leave the company in 2027 after nearly 40 years with Exelon and PECO. He began as a co-op engineering student at Widener University before joining PECO full-time in 1988, later rising through operations, engineering and customer service leadership roles. He served as PECO's president and CEO from 2018 to 2024 before being named Executive Vice President and Chief Operating Officer of Exelon.

Jeanne Jones, currently Exelon's Chief Financial Officer, will become Executive Vice President of Finance and Strategy effective Oct. 5, reporting to President and CEO Calvin Butler. In the new role, Jones will continue overseeing Exelon's financial activities as well as the company's integrated strategies across its operating companies.

Robert Kleczynski, Exelon's Senior Vice President, Corporate Controller, Tax, and Principal Accounting Officer, will succeed Jones as Chief Financial Officer effective Oct. 5, reporting to Jones. Kleczynski has overseen Exelon's accounting, financial reporting and tax functions.

Josh Levin, currently Chief Financial Officer of ComEd, will become Senior Vice President of Finance at Exelon effective Jan. 1, 2027, reporting to Kleczynski and overseeing investor relations, insurance and business planning companywide. Andrew Plenge, Vice President of Strategy and Energy Policy at ComEd, will become ComEd's Chief Financial Officer on the same date, responsible for the utility's financial planning and analysis, capital allocation, treasury and risk management.

Exelon serves almost 11 million customers through six regulated utilities, including Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco, and employs more than 20,000 people.

Finazon · prior-day close · Aug 25, 2026