ComEd 2006 Annual Report Download - page 38

Prior to his election to his listed position, Mr. Veurink was a partner at Deloitte & Touche LLP.
Mr. Veurink was elected as an officer of Generation effective January 5, 2004.
Prior to his election to his listed position, Mr. Mitchell was Senior Vice President, Chief Financial
Officer and Treasurer of Exelon, Generation, ComEd and PECO; Vice President and Treasurer of
Exelon; and Vice President, Treasury and Evaluation, and Treasurer of PECO. Mr. Mitchell was
elected as President of ComEd effective November 28, 2005.
Prior to his election to his listed position, Mr. Costello was Senior Vice President of Exelon Energy
Delivery Technical Services. Mr. Costello was Senior Vice President of Exelon Energy Delivery
Customer and Marketing Services; and Vice President, Customer Operations. Mr. Costello was elected
to his listed position with ComEd effective November 28, 2005.
Prior to his election to his listed position, Mr. McDonald was Senior Vice President of Planning and
Chief Risk Officer of Exelon. Mr. McDonald has also served as Chief Risk Officer of Exelon, Vice
President of Planning of Exelon and Vice President of Risk Management of Exelon. He was elected to
his listed position with ComEd effective November 28, 2005.
Prior to her election to her listed position, Ms. Pramaggiore was Vice President, Regulatory and
Strategic Services of ComEd. She has also served as Lead Counsel of ComEd. Ms. Pramaggiore was
elected to her listed position with ComEd effective November 28, 2005.
Prior to his election to his listed position, Mr. Hooker served as Senior Vice President, ComEd,
Legislative and External Affairs and Exelon Energy Delivery Real Estate and Property Management.
Mr. Hooker has also served as Vice President Exelon Energy Delivery Property Management and
ComEd Legislative and External Affairs; Vice President Distribution Services and Public Affairs; and
Vice President of Governmental Affairs.
Prior to his election to his listed position, Mr. O’Brien was Executive Vice President of PECO; Vice
President of Operations of PECO; Director of Transmission and Substations of PECO; and Director of
BucksMont Region of PECO. Mr. O’Brien was elected as an officer of PECO effective January 1, 2001.
Prior to his election to his listed positions, Mr. Galvanoni was Director of Financial Reporting and
Analysis, Exelon. Mr. Galvanoni has also served as Director of Accounting and Reporting, Generation;
Director of Reporting, Exelon; and was a senior manager at PricewaterhouseCoopers LLP.
Mr. Galvanoni was elected to his listed positions effective January 1, 2007.
Prior to her election to her listed position, Ms. Crutchfield served as Vice President, Regulatory
and External Affairs, PECO; and Vice President and General Manager at Southern Service Center.
Ms. Crutchfield was elected to her listed position effective January 1, 2007.
ITEM 1A. RISK FACTORS
The Registrants each operate in a market and regulatory environment that involves significant
risks, many of which are beyond their control. The Registrants’ management regularly evaluates the
most significant risks of the Registrants’ businesses and discusses those risks with the Risk Oversight
Committee of the Exelon Board of Directors and the ComEd Board of Directors. The following items
identify the material risks that the Registrants’ management discussed in December 2006.
• The safe and efficient operation of Generation’s nuclear fleet is a significant factor in Exelon’s
results of operations. Although Generation’s nuclear plants are among the most efficient in the
United States, there is a risk that Generation’s nuclear capacity factors could be significantly
lower than planned or operating or fuel costs could be significantly higher than expected.
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