Exelon Names Tim Peterson Chief Customer and Technology Officer

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CHICAGO--(BUSINESS WIRE)--Jan 8, 2026--

Exelon (Nasdaq: EXC) today announced that Tim Peterson, currently senior vice president, chief information officer and chief technology officer at Minneapolis-based Xcel Energy, will join Exelon as executive vice president and chief customer and technology officer in February.

Peterson will report to Exelon President and CEO Calvin Butler and serve on the company’s Executive Committee. In this newly aligned role, he will lead an enterprise-wide organization that brings together customer strategy and experience with information technology functions. The combined organization is designed to support Exelon’s long-term strategic vision, integrating the capabilities and systems that service Exelon’s more than 10.7 million customers across five states and the District of Columbia.

At Xcel Energy, which serves nearly six million customers across eight states, Peterson led the company’s digital and IT functions supporting the customer and employee experience. He oversaw several major transformation initiatives, including large-scale grid modernization and customer and billing system upgrades. Prior to joining Xcel, Peterson held chief information officer roles at Optum, Wellmark, and TruStage Financial Group.

“Tim brings deep experience from global, customer-focused organizations, and his track record of delivering innovation, operational excellence and improved customer outcomes across multiple geographies will be invaluable as we continue strengthening the reliability, affordability and service excellence our customers expect,” said Butler.

Peterson holds an MBA from the University of Minnesota and a BBA from the University of Wisconsin. He is also a Certified Information Systems Security Professional (CISSP). As an active member of the Minneapolis-St. Paul community, Peterson served on the boards of the Science Museum of Minnesota and the Minnesota Technology Association.

Exelon (Nasdaq: EXC) is a Fortune 200 company and one of the nation’s largest utility companies, serving more than 10.7 million customers through six fully regulated transmission and distribution utilities — Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO, and Pepco. Exelon’s 20,000 employees dedicate their time and expertise to supporting our communities through reliable, affordable and efficient energy delivery, workforce development, equity, economic development and volunteerism. Follow@ExelononLinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20260108051012/en/

CONTACT: James Gherardi

Corporate Communications

312-394-7417

[email protected]

KEYWORD: ILLINOIS MARYLAND PENNSYLVANIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: UTILITIES ENERGY

SOURCE: Exelon

Copyright Business Wire 2026.

PUB: 01/08/2026 10:15 AM/DISC: 01/08/2026 10:15 AM

http://www.businesswire.com/news/home/20260108051012/en