Wednesday, December 14, 2011

Kenneth W. Cornew New President of Constellation Biz Unit

Kenneth W. Cornew, president of the Exelon Power Team of Kennett Square, Pa., will be president of the Constellation business unit of Exelon Corp. after the $7.9 billion acquisition of Constellation Energy Group by Exelon is approved by federal and state regulators, Chicago-based Exelon said Wednesday.

Other appointments announced are Mark Huston, currently head of retail energy at Baltimore-based Constellation, to senior vice president, retail of the combined company; Joseph Nigro, currently senior vice president of portfolio management and strategy at Exelon, tosenior vice president, portfolio strategy; and Max Duckworth and Edward Quinn, currently co-heads of commodities at Constellation, to senior vice president, proprietary trading and fuels; and senior vice president, wholesale trading and origination, respectively.

All four will report to Cornew. (The Daily Record)

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