Exelon Corporation, U.S. Army Partner to Create Job Opportunities for Veterans

  Exelon Corporation, U.S. Army Partner to Create Job Opportunities for
  Veterans

Energy company joins Army PaYS to create paths to career success for talented
                               young enlistees

Business Wire

CHICAGO & WASHINGTON -- August 9, 2013

In an effort to help young Army soldiers get good jobs after they complete
their military service, Exelon Corporation and the U.S. Army yesterday signed
an agreement to partner in the Army Partnership for Youth Success (PaYS)
program at a ceremony at the Pritzker Military Library.

Lt. Colonel Robert Kaderavek (left) of the U.S. Army and Exelon CEO
Christopher M. Crane sign an agr ...

Lt. Colonel Robert Kaderavek (left) of the U.S. Army and Exelon CEO
Christopher M. Crane sign an agreement designed to create job opportunities
for Army veterans when they complete their service on Aug. 8, 2013, at the
Pritzker Military Library in Chicago. (Photo: Business Wire)

“The problem of veteran unemployment is real, and employers are well served to
consider job candidates who have military experience,” said Christopher M.
Crane, Exelon’s president and CEO, who addressed Army representatives and
Exelon veteran employees at the ceremony. “For Exelon, hiring qualified
veterans makes good business sense, because they often leave the military with
the right skills and values to succeed in our business.”

Under the PaYS program, the U.S. Army forms strategic partnerships with U.S.
corporations and public sector agencies to help the Army attract talented
young recruits who want to serve their country and to help ensure their future
career success when their service is complete.

“This PaYS signing between Exelon and the Army is a great partnership ensuring
that Soldiers are not only provided for while serving this great Nation of
ours, but also while they return to the communities that they came from,” said
Lt. Col. Robert Kaderavek, who represented the U.S. Army at the signing
ceremony.

Enlistees who participate in the PaYS program gain specific job training and
qualifications during their military service to help prepare them for
post-military careers. By signing on as a PaYS partner, Exelon has committed
to considering qualified program participants for future positions with the
company.

“We believe that a diverse and inclusive workforce makes our decision making
smarter and our business stronger, and veterans bring experience and
perspectives that add to that diversity,” Crane said. “We look forward to
considering individuals with Army experience for positions at Exelon as they
transition into civilian life.”

The PaYS partnership is the latest addition to Exelon’s strategy to recruit,
hire and develop military veterans. The company hired nearly 200 veterans in
2012 and approximately 170 in the first seven months of 2013, and regularly
recruits at military-specific career fairs. Exelon also committed to making
military personnel more than 10 percent of its new hires over two years when
it joined First Lady Michelle Obama’s Joining Forces initiative in August 2012
– a goal Exelon has exceeded so far.

In 2009, the company established Exelon Militaries Actively Connected (EMAC),
an employee-led resource group for veterans, military supporters and employees
in reserve units. EMAC is Exelon’s fastest-growing employee group with more
than 600 members in Chicago, Baltimore and Philadelphia.

Exelon Corporation (NYSE: EXC) is the nation’s leading competitive energy
provider, with 2012 revenues of approximately $23.5 billion. Headquartered in
Chicago, Exelon has operations and business activities in 47 states, the
District of Columbia and Canada. Exelon is one of the largest competitive U.S.
power generators, with approximately 35,000 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 100,000 business and public sector customers and
approximately 1 million residential customers. Exelon’s utilities deliver
electricity and natural gas to more than 6.6 million customers in central
Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania
(PECO).

Army PaYS is a strategic partnership program between the Army and a cross
section of U.S. corporations and public sector agencies. The program was
developed to help the Army attract, train and deploy talented young people who
want to serve their country, but also want to help secure their future success
once their Army service is complete. Employers that sign as corporate partners
in PaYS agree to consider appropriately qualified soldiers leaving Army
service for positions at those companies. Under terms of the agreement between
USAREC and its PaYS partners, enlistees interested in gaining specific job
training and qualifications will receive that training while in the U.S. Army.
Participation by the company, soldier and Army is secured with an agreement
that gives the Soldier priority consideration in the employment process.
However, the company reserves the right to determine whether to ultimately
hire the PaYS soldier. For more information, visit http://armypays.com.

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Contact:

Exelon Corporation
Paul Elsberg, 312-394-7417
Corporate Communications
paul.elsberg@exeloncorp.com
or
U.S. Army Public Affairs
Tim Turpin, 224-538-3556
timothy.m.turpin.civ@mail.mil
 
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