Constellation Energy Names Christopher J. Close Chief Financial Officer for Commercial Businesses
BALTIMORE, Oct 01, 2009 (BUSINESS WIRE) -- Constellation Energy (NYSE:CEG) today announced the appointment of Christopher J. Close as chief financial officer for Constellation Energy Resources, its commercial business division. In this role, Close will be responsible for developing short- and long-term financial plans and strategies for Constellation Energy Resources and maintaining oversight of its financial statements and operating results. His appointment is effective immediately, and he will report jointly to Kathleen W. Hyle, chief operating officer, Constellation Energy Resources, and Jonathan W. Thayer, senior vice president and chief financial officer of Constellation Energy.
Most recently, Close served as vice president of finance for Exelon Generation, a competitive energy generator and marketer and a division of Exelon Corp. Close had broad financial responsibilities for the business, where he led financial planning and analysis, business unit finance and economic evaluation functions. He joined Exelon in 2002 and held a number of senior financial management positions with increasing responsibility before being named vice president, finance, in December 2005.
Earlier in his career, Close gained valuable experience in accounting, audit, mergers and acquisitions, investor relations, planning and treasury in various industries, including packaged gas distribution (Airgas, Inc.), chemical production (ARCO Chemical) and public accounting (Price Waterhouse).
Close graduated Cum Laude with a Bachelor of Science degree in accounting and a minor in management information systems from the University of Delaware in Newark, Del. He earned a Master of Business Administration degree, with an emphasis in finance and international business, from Villanova University, Villanova, Pa.
About Constellation Energy
Constellation Energy (www.constellation.com) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located throughout the United States, totaling approximately 9,100 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $19.8 billion in 2008.
SOURCE: Constellation Energy
Constellation Energy
Media Contacts:
Robert L. Gould, 410-470-7433
or
Debra Larsson, 410-470-7433
or
Investor Contact:
Carim Khouzami, 410-470-6440