Exelon names new CFO, COO departure set for 2027

Exelon Corporation (Nasdaq: EXC) announced a series of executive leadership changes, including a new chief financial officer and the planned departure of its chief operating officer.

Robert Kleczynski, currently senior vice president, corporate controller, tax, and principal accounting officer, will become CFO effective Oct. 5. He will report to Jeanne Jones, the current CFO, who will transition to the newly titled role of executive vice president of finance and strategy, also effective Oct. 5, reporting to President and CEO Calvin Butler.

Mike Innocenzo, Exelon's chief operating officer and interim president and CEO of PECO, will depart the company in 2027 after nearly 40 years with Exelon and PECO. Innocenzo joined PECO full-time in 1988 and served as PECO's president and CEO from 2018 to 2024 before being named executive vice president and COO of Exelon in 2024.

"Mike is one of the very best in the business and I am grateful for his unwavering commitment to our customers, to his colleagues and to the communities we serve," said Butler.

Two additional changes are set to take effect Jan. 1, 2027. Josh Levin, currently CFO of ComEd, will become senior vice president of finance at Exelon, reporting to Kleczynski. Andrew Plenge, currently vice president of strategy and energy policy at ComEd, will succeed Levin as CFO of ComEd.

The leadership changes were announced according to a press release from the Chicago-based utility company, which serves nearly 11 million customers across six regulated transmission and distribution utilities.

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