Exelon Corp. set aside qualms about naming Constellation Energy Group Inc.’s Mayo Shattuck III executive chairman after the companies merge because it calculated the move would win it better terms for the acquisition, according to an internal company document.
Exelon Corp., the largest U.S. nuclear power producer, may begin to see its low-emissions strategy pay off -- four years after it lost a fight for climate legislation it told investors would add $1.1 billion in annual earnings.
Nuclear engineer Jose Reyes jolted awake at 4:45 a.m. on March 11 when his son called to warn him that a massive earthquake had unleashed a tsunami that rocked Japan. Giant waves were heading for the Oregon coast, about an hour from Reyes’s Corvallis office.
Exelon Corp. paid retired Chief Executive Officer John Rowe $23.5 million for working less than three months in 2012 and completing the power company’s $7.3 billion takeover of Constellation Energy Group Inc.