Exelon Corporation announced a series of executive leadership changes, including the creation of a new finance-focused role and the planned departure of its Chief Operating Officer.
Mike Innocenzo, who has served as COO and interim President and CEO of PECO, will leave the company in 2027 after nearly four decades with the utility group. Innocenzo joined PECO as a project engineer in 1988 and led the subsidiary as President and CEO from 2018 to 2024.
Jeanne Jones, currently CFO, will transition to Executive Vice President of Finance and Strategy effective October 5. Robert Kleczynski, Senior Vice President of Corporate Controller, Tax, and Principal Accounting Officer, will succeed Jones as CFO on the same date, reporting to her in the new structure.
Josh Levin, CFO of ComEd, will move to Exelon’s corporate finance team as Senior Vice President of Finance starting January 1, 2027, overseeing long-term financial planning, investor relations, insurance, and business planning. Andrew Plenge, currently Vice President of Strategy and Energy Policy at ComEd, will replace Levin as ComEd’s CFO on the same date.
Exelon serves nearly 11 million customers across six regulated utilities: Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. The restructuring aims to strengthen financial oversight and strategic planning as the company continues operations under its existing business model.
