December 12, 2017 3:23 AM ET

Electric Utilities

Company Overview of Commonwealth Edison Company

Company Overview

Commonwealth Edison Company engages in the purchase and regulated retail sale of electricity. The company provides electricity distribution and transmission services to retail customers in Northern Illinois, including the City of Chicago. As of December 31, 2016, its electric distribution system consisted of 35,397 circuit miles of overhead lines and 31,049 circuit miles of underground lines. The company was founded in 1887 and is based in Chicago, Illinois. Commonwealth Edison Company is a subsidiary of Exelon Corporation.

440 South LaSalle Street

Chicago, IL 60605

United States

Founded in 1887

6,574 Employees

Phone:

312-394-4321

Key Executives for Commonwealth Edison Company

Chief Executive Officer, President and Director
Age: 58
Chief Financial Officer, Senior Vice President and Treasurer
Age: 47
Chief Operating Officer and Executive Vice President
Age: 56
Chairman, Chief Executive Officer of Exelon Corporation and President of Exelon Corporation
Age: 58
Senior Vice President of Governmental and External Affairs
Age: 55
Compensation as of Fiscal Year 2017.

Commonwealth Edison Company Key Developments

Commonwealth Edison Company Presents at Microgrid 2017 Conference, Nov-07-2017 01:00 PM

Commonwealth Edison Company Presents at Microgrid 2017 Conference, Nov-07-2017 01:00 PM. Venue: Boston Park Plaza, 50 Park Plaza, Bsoton, Massachusetts, United States. Speakers: Anne R. Pramaggiore, Chief Executive Officer, President and Director.

Commonwealth Edison Company Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017

Commonwealth Edison Company reported unaudited earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported operating revenues of USD 1,571 million against USD 1,497 million a year ago. Operating income was USD 404 million against USD 389 million a year ago. Income before income taxes was USD 320 million against USD 112 million a year ago. Net income attributable to common shareholders was USD 189 million against USD 37 million a year ago. Adjusted (non-GAAP) operating earnings were USD 186 million against USD 186 million a year ago. For the nine months, the company reported operating revenues of USD 4,227 million against USD 4,031 million a year ago. Operating income was USD 1,036 million against USD 987 million a year ago. Income before income taxes was USD 775 million against USD 541 million a year ago. Net income attributable to common shareholders was USD 447 million against USD 297 million a year ago.

Jesse Ruiz Resigns as Board of Director of Commonwealth Edison Company

On October 18, 2017, Mr. Jesse H. Ruiz informed Commonwealth Edison Company of his resignation from its board of directors effective immediately.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 28, 2017
Commonwealth Edison Company, Facilities Located in Tazewell County
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