Chris Crane, Former CEO of Exelon, Passed Away at 65
14 Abril 2024 - 2:25PM
Business Wire
Crane led the combined generation and utility
business from 2012-2022
Exelon is saddened to announce the death of Chris Crane, who
served as the company’s president and chief executive officer from
2012 until his retirement in Dec. 2022. Crane steered Exelon
through several transformational milestones including the
successful mergers with Constellation Energy in 2012 and Pepco
Holdings in 2016, creating the largest utility business by customer
count, and the later creation of a standalone transmission and
delivery company with the spinoff of the generation and retail
energy business as Constellation Energy in 2022. Crane died on
April 13 in Chicago.
During Crane’s tenure, Exelon became an industry leader in grid
reliability and developing initiatives to improve safety and
customer service and combat climate change. He was also an advocate
for equity-building programs at the company and in the communities
served by Exelon, with particular attention to STEM careers for
young women and job training and placement for work-ready
adults.
Crane joined Exelon (then Unicom Corporation) in 1998 and was
named chief nuclear officer in 2004. In that role he oversaw a
broad range of generation and business development initiatives,
including improving operations and increasing output of the nuclear
fleet and innovative decommissioning strategies. He was named
president of Exelon Generation in 2007, with added responsibility
for power trading and the company’s competitive retail
organization.
“Chris was an industry giant, with a list of accomplishments
that chart the growth and success of both the energy generation and
utility businesses,” said Calvin Butler, president and chief
executive officer of Exelon, who succeeded Crane in Dec. 2022.
“However, what I most appreciate about Chris, and what I know he
would want us to remember, is his dedication to our customers and
communities. He helped expand our thinking on how an energy company
could affect the greater good, launching programs that make up the
fabric of Exelon’s culture today.”
“I was saddened to learn the news of Chris Crane’s passing,”
said Edison Electric Institute (EEI) Chair Pedro J. Pizarro,
president and CEO of Edison International. “Chris was a respected
leader known for his operational expertise and was a friend to me
and to so many others in our industry. Throughout his career, Chris
dedicated significant time and focus to advancing clean energy
sources, especially nuclear energy, and to helping ensure that the
clean energy transition benefits customers in all communities.
“Among his accomplishments as EEI Chair, Chris led an initiative
to enhance the industry’s workforce development efforts and to
address employment gaps and acute socioeconomic needs within
underserved communities. He was a champion for high-potential
students who aspire to pursue careers in STEM and focused on
enhancing STEM/vocational education and awareness opportunities,
identifying and eliminating barriers to entry, and creating
tangible job opportunities within our industry,” Pizarro added.
In 2017, Crane signed on as a champion of the United Nations’
inaugural HeForShe campaign, committing to invest $3 million in
STEM programs for young women and girls and to improve the
company’s retention of women. Under his leadership, Exelon signed
the White House pay equity pledge, and became a member of the
Billion Dollar Roundtable for excellence in supplier diversity.
Crane held several key industry roles throughout his career,
including chair of the Edison Electric Institute, the Institute of
Nuclear Power Operations, and the Nuclear Energy Institute. He also
served as chair of the board of Chicago’s Museum of Science and
Industry and was a member of the board of the Economic Club of
Washington, DC.
About Exelon
Exelon (Nasdaq: EXC) is a Fortune 250 company and the nation’s
largest utility company, serving more than 10.5 million customers
through six fully regulated transmission and distribution utilities
— Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE),
Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO
Energy Company (PECO), and Potomac Electric Power Company (Pepco).
More than 19,500 Exelon employees dedicate their time and expertise
to supporting our communities through reliable, affordable and
efficient energy delivery, workforce development, equity, economic
development and volunteerism. Follow Exelon on X, formerly known as
Twitter, @Exelon.
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Rhea Marshall 312-394-7417 Media Hotline
rhea.marshall@exeloncorp.com
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