Exelon (EXC) has released an update to notify the public and investors about its officers.
Exelon Corporation has announced a significant executive reshuffle, with Michael Innocenzo stepping up from his role at PECO to become Exelon’s Executive Vice President and Chief Operating Officer starting April 1, 2024. Innocenzo’s new compensation package includes a base salary of $685,000, along with incentive programs and a long-term incentive award valued at $1,765,000. Additionally, his appointment as a director of Commonwealth Edison Company complements this executive move.
For further insights into EXC corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.