July 27, 2017 9:38 AM ET

Electric Utilities

Company Overview of Pepco Holdings LLC

Company Overview

Pepco Holdings LLC, a utility services holding company, engages in the transmission, distribution, and supply of electricity. The company, through its subsidiaries, purchases and sells electricity; and provides electricity transmission and distribution services to retail customers in the District of Columbia, and other portions of Montgomery county and Prince George’s County in Maryland, as well as in portions of southern New Jersey. It also distributes and supplies natural gas in the portions of New Castle county in Delaware. Pepco Holdings LLC was founded in 1896 and is based in Washington, the District of Columbia. Pepco Holdings LLC is a subsidiary of Exelon Corporation.

701 Ninth Street, NW

Washington, DC 20068

United States

Founded in 1896

1,670 Employees

Phone:

202-872-2000

Key Executives for Pepco Holdings LLC

Chief Executive Officer and President
Age: 57
Chief Financial Officer, Senior Vice President and Treasurer
Age: 49
Chief Operating Officer and Senior Vice President
Age: 52
Chief Executive Officer of Pepco Energy Services Inc and President of Pepco Energy Services
Age: 57
Region President of Atlantic City Electric
Compensation as of Fiscal Year 2017.

Pepco Holdings LLC Key Developments

Pepco Holdings Appoints David Vosvick as Vice President of Human Resources

Pepco Holdings appointed David Vosvick as vice president of human resources. Vosvick previously served as Baltimore Gas and Electric Company's (BGE) vice president of human resources where he was responsible for the company's human resources and occupational health services activities. Prior to being named BGE's vice president of human resources in 2008, Vosvick served as vice president of Talent Management and Learning and Organizational Development for Constellation Energy. In this role, he was responsible for overseeing talent acquisition, executive talent management, learning and organizational development, and diversity and inclusion, among other duties.

Pepco Holdings, Inc. Reports Unaudited Earnings Results for the Third Quarter of 2016

Pepco Holdings, Inc. reported unaudited earnings results for the third quarter of 2016. For the quarter, the company reported net income was $166 million. Adjusted operating earnings were $130 million.

Pepco Holdings LLC, Potomac Electric Power Company, Delmarva Power & Light Company and Atlantic City Electric Company Enter into an Amendment to Their Second Amended and Restated Credit Agreement

On May 26, 2016, Pepco Holdings LLC, Potomac Electric Power Company, Delmarva Power & Light Company and Atlantic City Electric Company entered into an amendment to their Second Amended and Restated Credit Agreement dated as of August 1, 2011, which (i) extended the maturity date of the facility to May 26, 2021, (ii) removed PHI as a borrower under the facility and (iii) decreased the size of the facility from $1.5 billion to $900 million.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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