BUZZ-Exelon gains on senior leadership appointments

Reuters

04-17

BUZZ-Exelon gains on senior leadership appointments

** Shares of utility company Exelon EXC.O rise 1.1% to $46.98

** Carim Khouzami, president and CEO of EXC's subsidiary Baltimore Gas and Electric, is set to assume executive vice president position for transmission and development at Exelon

** Tamla Olivier, senior vice president and chief operating officer of Exelon operating company Pepco Holdings, to be the president and CEO of BGE

** Khouzami and Olivier's new roles will be effective May 1

** EXC says Olivier's successor as CEO at Pepco Holdings will be named in the coming weeks

** Including session's move, stock up 23.5% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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