Former Credit Suisse analyst to oversee Exelon’s relationship with
the financial community
Exelon today announced that it has named Daniel L. Eggers as senior vice
president of investor relations effective March 29. Eggers joins Exelon
from Credit Suisse’s investment banking division, where he was an
analyst covering Exelon and led the U.S. Electric Utilities equity
research team.
In his new role, Eggers will oversee Exelon’s management of investor
relations strategies and activities. He will be the key interface
between the company and the investment community and will be responsible
for communicating Exelon’s financial, strategic, operational and
regulatory goals and results to Wall Street. Eggers also will be part of
Exelon’s executive committee, which sets strategy and direction for the
company.
“Dan brings a distinguished track record of covering the power sector
for a top investment bank,” said Jack Thayer, senior executive vice
president and chief financial officer, Exelon. “His expertise in the
electric utilities industry, as well as his long-standing relationships
in the financial arena, will strengthen Exelon’s investor relations
program and provide valuable insights for our senior management team.”
As managing director at Credit Suisse, Eggers was a member of the equity
research department where he covered a broad universe of regulated
utility, integrated power and independent power producer stocks. He also
served as co-head of U.S. Energy Research and had macro coverage
responsibilities for the power sector as well as wind energy and carbon
policy. Over his 18-year career at Credit Suisse, Eggers also held roles
including senior coverage responsibility in the oilfield service and
equipment sector and served as an associate on the integrated oils and
independent refiners group.
Eggers, who will report to Thayer, holds a bachelor’s degree in finance
from Texas Christian University and received the Chartered Financial
Analyst designation in 2000. Eggers also serves on the board of
directors for Catholic Guardian Services, which provides key social
services to those most in need.
Exelon Corporation (NYSE: EXC) is the nation’s leading competitive
energy provider, with 2015 revenues of approximately $29.4 billion.
Headquartered in Chicago, Exelon does business in 48 states, the
District of Columbia and Canada. Exelon is one of the largest
competitive U.S. power generators, with more than 32,700 megawatts of
owned capacity comprising one of the nation’s cleanest and lowest-cost
power generation fleets. The company’s Constellation business unit
provides energy products and services to approximately 2 million
residential, public sector and business customers, including more than
two-thirds of the Fortune 100. Exelon’s utilities deliver electricity
and natural gas to approximately 8 million customers in central Maryland
(BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO).
Follow Exelon on Twitter @Exelon.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160303006437/en/
Copyright Business Wire 2016
Source: Business Wire
(March 3, 2016 - 2:01 PM EST)
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