Anne Pramaggiore is president and CEO of ComEd, which has 5,700 employees and revenues of approximately $6.1 billion. ComEd is a unit of Chicago-based Exelon Corporation. ComEd delivers electricity to approximately 3.8 million residential and business customers across northern Illinois, or 70 percent of the state’s population. Exelon Corporation is one of the nation’s largest electric utilities with approximately $19 billion in annual revenues. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.
Pramaggiore joined ComEd in 1998 to work on the company’s transition to an open and competitive energy market under the Illinois Consumer Choice Law of 1997. She began with the ComEd legal team before moving into regulatory affairs and worked on significant components of the Consumer Choice Law, including a 2007 legislative agreement that ultimately placed power purchases in the market.
Prior to her appointment as president and CEO of ComEd, Pramaggiore served as president and chief operating officer (COO) of ComEd, responsible for overseeing the day-to-day operations of the company. Before being named president and COO, she served as executive vice president of Customer Operations, Regulatory, and External Affairs. In that role, Pramaggiore oversaw distribution and transmission rate making, customer operations, and state regulatory affairs and strategy for ComEd. Additional responsibilities included the administration of environmental stewardship activities designed to promote customer satisfaction.
Pramaggiore was promoted to her current position in February 2012. She is the first female to hold the post of president and CEO at the electric utility.