President and CEO, Exelon Generation
Ken Cornew is the president and CEO of Exelon Generation, with 14,000 employees, 32,500 megawatts of power generation capacity, and more than 2 million customers. With revenues of $20.4 billion and total assets of $47.6 billion, Exelon Generation includes both the nation's lowest-carbon fleet of power plants and the largest competitive energy supplier. Together, they are America's clean energy leader, playing a key role in addressing the impacts of climate change and the transition to a clean, sustainable future. Mr. Cornew's leadership includes the country's best-run fleet of nuclear, wind, solar, landfill gas, hydroelectric, natural gas, and oil facilities in 19 states that power more than 20 million homes and businesses while preserving the environment, providing good-paying jobs, and powering local economies across the country. His oversight also includes Constellation, the nation's No. 1 competitive retail and commodities business, which provides electricity, natural gas, and other energy-related products and services to 2 million residential, public sector, and business customers nationwide, including more than two-thirds of the Fortune 100.
Prior to his current role, Mr. Cornew was CEO of Constellation. He previously was president of the Exelon Power Team, overseeing the power marketing and trading function and was responsible for Exelon's retail business which served electric and gas customers. Mr. Cornew helped to establish the company's wholesale energy marketing and trading organization, Power Team, in 1994. He was instrumental in developing and strategically organizing Power Team’s trading operation. Mr. Cornew led the integration of the competitive retail and commodities business following the Exelon-Constellation merger in 2012, and was instrumental in the creation of Exelon through the integration of Unicom's and PECO Energy's power marketing groups and their generation and load portfolios.
Early in his 30-year career, Mr. Cornew worked in PECO's regulated retail business as a large industrial account manager in southeastern Pennsylvania. He was also an engineer at PJM Interconnection, scheduling generation and power interchange while evaluating the performance of PJM’s generation dispatch and transmission scheduling operations.
Mr. Cornew serves on the board of directors of the Electric Power Research Institute (EPRI). His other civic appointments include the board of trustees for the Living Classroom Foundation. He also serves on the board of directors for Steel Dynamics, Inc. and the industry advisory board for FM Global Washington/Philadelphia. He is a passionate electric vehicle enthusiast and has driven one for several years.
Mr. Cornew obtained a bachelor’s degree in Electrical Engineering from Rutgers University and an MBA in Business Administration from Drexel University.