Innocenzo is responsible for leadership of PECO’s overall performance associated with service reliability, customer satisfaction, financial management, and regulatory and external affairs. Based in Philadelphia, PECO is Pennsylvania’s largest electric and natural gas utility. The company employs about 2,600 people, owns $10 billion in assets, and generates approximately $2.8 billion in annual revenues. A subsidiary of Exelon Corporation, the nation’s largest competitive energy provider, PECO serves 1.6 million electric and more than 520,000 natural gas customers in southeastern Pennsylvania. Exelon is headquartered in Chicago and trades on Nasdaq under the ticker EXC.
PROFESSIONAL HISTORY
Innocenzo previously served as senior vice president and chief operating officer, where he was responsible for leadership of PECO’s overall performance associated with operations, safety, service reliability, customer satisfaction and financial management. Prior to this position, he served as vice president, Distribution System Operations and Advanced Grid and Meter Technology, where he was responsible for the operation of the company’s electric and natural gas distribution systems as well as the design and deployment of PECO’s new metering technology system. Innocenzo also served as the director of Gas Operations, Quality Services and Performance Improvement. He also served as a regional director in Chester, Delaware and Philadelphia counties, as well as a regional engineering manager for Chester and Delaware counties. Innocenzo also was the emergency services supervisor in Philadelphia and a project engineer in Philadelphia and Montgomery counties.
CIVIC INVOLVEMENT
Innocenzo serves on the boards of the Philadelphia Free Library, the Philadelphia Police Athletic League (PAL), and the Southeastern Electric Exchange. Innocenzo also led special projects with the Edison Electric Institute and the North American Electric Reliability Corporation.
EDUCATION
Innocenzo holds a bachelor’s degree in electrical engineering from Widener University and a MBA from Villanova University.
What is Michael Innocenzo's net worth?
The estimated net worth of Michael Innocenzo is at least $2.13 million as of May 27th, 2021. Innocenzo owns 56,382 shares of Exelon stock worth more than $2,129,548 as of April 25th. This net worth evaluation does not reflect any other investments that Innocenzo may own. Learn More about Michael Innocenzo's net worth.
How old is Michael Innocenzo?
Innocenzo is currently 58 years old. There are 7 older executives and no younger executives at Exelon. The oldest executive at Exelon is Mr. David M. Velazquez, Executive Vice President of Utility Operations & Technology, who is 64 years old. Learn More on Michael Innocenzo's age.
How do I contact Michael Innocenzo?
Has Michael Innocenzo been buying or selling shares of Exelon?
Michael Innocenzo has not been actively trading shares of Exelon during the last quarter. Most recently, Michael Innocenzo sold 16,000 shares of the business's stock in a transaction on Thursday, May 27th. The shares were sold at an average price of $44.99, for a transaction totalling $719,840.00. Following the completion of the sale, the chief executive officer now directly owns 56,382 shares of the company's stock, valued at $2,536,626.18. Learn More on Michael Innocenzo's trading history.
Who are Exelon's active insiders?
Exelon's insider roster includes Paymon Aliabadi (EVP), John Anthony (CEO), William Bowers (Director), Calvin Butler, Jr. (EVP), Christopher Crane (CEO), Joseph Dominguez (CEO), Michael Innocenzo (CEO), Carim Khouzami (CEO), Joseph Nigro (EVP), and Fabian Souza (SVP). Learn More on Exelon's active insiders.
