BNET Industries

Last Fiscal Year Sales:$2.5B
  • Private
  • US
Dow Jones Description

Electric Power & Services

President
Mike Parham
Number of Employees 2,449
Contact Information

701 9th St NW

Washington, District of Columbia 20068-0001

www.pepco.com

(202) 872-2000

NAICS Code Other Electric Power Generation: 221119

Recent Events

  • Maryland picks NRG Bluewater to supply wind power

    12/08/09 - Joint Venture / Alliance - View Story

  • U.S. electrical grid gets $3.4 billion jolt of stimulus funding

    10/27/09 - New Investment - View Story

News & Analysis

bge and pepco - All News and Analysis

  • Planned power rate rise bares failed predictions.(BUSINESS)

    - 2006-03-16

    Byline: Kara Rowland, THE WASHINGTON TIMES Maryland's looming spike in electricity rates and the presence of only two licensed suppliers actively seeking new customers in deregulated areas prompt the question: Where is the competition that lawmakers and energy companies predicted back in 1999? ...

    Tags: BGE, Delmarva Power, Pepco

  • Power to be fully restored today; Storms downed electrical lines.(METROPOLITAN)

    - 2005-07-29

    Byline: Jen Hoffman, THE WASHINGTON TIMES Local utility companies said yesterday that crews will fully restore electricity by tonight to thousands of customers who lost power after a wave of strong thunderstorms rolled through the region Wednesday night. At the peak...

    Tags: BGE, Pepco

  • Wholesale energy prices are soaring along with the lofty temperatures

    - 2002-07-30

    With high heat comes high energy demand, and for PJM Interconnection, Maryland's electricity grid operator, soaring wholesale spot prices are in the forecast. As of 4 p.m. yesterday, the wholesale energy price per megawatt hour was $385 across the entire energy grid, said Ray Dotter, spokesman for...

    Tags: BGE, Pepco

  • Maryland Utilities Sue State Over NOx Emissions.

    - 1998-06-23

    Knight Ridder/Tribune Business News Jun. 24--Potomac Electric Power Co. and Baltimore Gas and Electric Co. are suing Maryland regulators, saying the state has given them an impossible-to-meet deadline for cutting smog-producing emissions. In two separate lawsuits, the state's largest electric utilities asked that Maryland Circuit...

    Tags: BGE, Pepco

  • Marylanders to Begin Choosing Electric Companies.(Originated from The Washington Times)

    - 1997-12-04

    Dec. 4--Maryland residents will be able to choose their electricity provider for the first time starting in the spring of 1999, under an order handed down by the state's utility regulators yesterday. The ruling by the Maryland Public Service Commission would...

    Tags: BGE, Pepco

Decision Makers

Name (plus bio) Position
Mike Parham President
Jose M. Rigby COO & Executive Vice President
Paul Barry CFO & Senior Vice President
Andrew W. Williams Senior Vice President
William C. Spence Senior Vice President
William J. Sim Senior Vice President
Anthony Kamerick Treasurer & Vice President
James P. Lavin Controller & Vice President
James S. Potts Vice President, Environ
Kirk Emge Vice President, Regulatory Law
B.J. Williams Manager, HR
Ernest Bourscherd Manager, Investor Relations
Geoffrey Piker Manager, Market Research
Jill Downs Manager, Corp Communications
Karen G. Almquist Manager, Finance
Kenneth P. Cohn Manager, Computer Sales
Michael Sullivan Manager, Employee Services
Norma Davis Manager
Tom Welle Manager, Advertising
Ellen Sheriff Rogers Secretary & Assistant Treasurer
John E. Maio
Joy J. Dorsey
Kelly Sullivan Engineer

Board of Directors

Name (plus bio) Position
Dennis R. Wraase Chairman
William Torgerson Vice Chairman & General Counsel

Organization Position Status
Psm Holdings, Inc President Current
Pepco President Current
Pro Products, LLC President Former

Joseph M. Rigby is President and Chief Executive Officer of Pepco Holdings, Inc. (PHI), a regional energy holding company that provides utility service to approximately 1.9 million customers. PHI is the parent company of Potomac Electric Power Company, an electric utility serving Washington, D.C., and suburban Maryland; Delmarva Power, an electric and gas utility serving Delaware and the rest of the Delmarva Peninsula; and Atlantic City Electric, an electric utility serving southern New Jersey. Delmarva Power and Atlantic City Electric previously operated under the brand name Conectiv Power Delivery. Mr. Rigby joined Atlantic City Electric in 1979 and advanced through a number of management positions. His responsibilities have included accounting, financial services, treasury operations, business transformation, human resources, and the Atlantic City Electric/Delmarva Power merger transition team. Following the merger that formed Conectiv, he was Vice President/General Manager of Gas Delivery, then Vice President/General Manager of Electric Delivery. He was elected President, Conectiv Power Delivery in 2002. From May 2004 to September 2007, he served as Senior Vice President and Chief Financial Officer of PHI and was responsible for all financial activity as well as investor relations. From September 2007 to March 2008, Mr. Rigby served as Executive Vice President and Chief Operating Officer. He was responsible for the day-to-day operations of Pepco, Delmarva Power and Atlantic City Electric, along with Information Technology and Corporate Communications. In March 2008, Mr. Rigby was elected President and Chief Operating Officer, adding responsibility for the competitive energy businesses (Conectiv Energy and Pepco Energy Services). Mr. Rigby was elected President and Chief Executive Officer effective March 1, 2009. Mr. Rigby earned a Bachelor's degree in Accounting from Rutgers University and a Master's degree in Business Administration from Monmouth University. He is also a licensed Certified Public Accountant in the state of New Jersey. Mr. Rigby serves on the boards of the Association of Edison Illuminating Companies, the Greater Washington Board of Trade, the Greater Washington Initiative, and the Greater Washington Sports Alliance. He is Chair of the Finance Committee of the United Way of the National Capital Area. Mr. Rigby is a member of the Rutgers-Camden School of Business Executive Advisory Board and previously served on the Delaware Governor's Energy Task Force and as Conectiv's United Way Corporate Chairman. He is a member of the New Jersey Society of CPAs and the American Institute of CPAs.

Organization Position Status
Pepco Holdings, Inc. President and Chief Executive Officer Current
Greater Washington Sports Alliance President & Coo Current
Conectiv Energy Supply Inc. CFO Current
Potomac Electric Power Co Senior Vice President and CFO Current
Pepco COO & Executive Vice President Current
Pepco Holdings, Inc. Board of Directors Former
Pepco Holdings, Inc. Chairman Current
Greater Washington Sports Alliance Board of Directors Current
Greater Washington Initiative Board of Directors Current
Atlantic City Electric Chief Executive Officer Former
Atlantic City Electric President Former
Atlantic City Electric CFO Former
Pepco Holdings, Inc. Chief Financial Officer Former
Pepco Holdings, Inc. Executive Vice President Former
Pepco Holdings, Inc. Senior Vice President Former
Chesapeake Bay Former
Monmouth University master's degree in business administration Former
Rutgers University bachelor's degree in accounting Former

Organization Position Status
Pepco CFO & Senior Vice President Current

Organization Position Status
Pepco Holdings, Inc. Senior Vice President & Chief Risk Officer Current
Pepco Senior Vice President Current
Pepco Holdings, Inc. Senior Vice President Former

Organization Position Status
Pepco Senior Vice President Current
Pepco Holdings, Inc. Senior Vice President Current
Conectiv Energy Supply Inc. President Former
Wharton Graduate School of the University of Pennsylvania master's degree in business administration Former
The Pennsylvania State University bachelor's degree in petroleum and natural gas engineering Former

Organization Position Status
Pepco Senior Vice President Current

Array

Organization Position Status
Pepco Holdings, Inc. Senior Vice President and Chief Regulatory Officer Current
Pepco Treasurer & Vice President Current
Potomac Capital Investment Corp. Vice President Former
Pepco Holdings, Inc. Treasurer Former
Potomac Capital Investment Corp. Treasurer Former
University of Maryland BS In Accounting Former

Organization Position Status
Pepco Controller & Vice President Current
Pepco Holdings, Inc. Vice President Current
Delmarva Power Vice President Controller Current

Organization Position Status
Pepco Vice President, Environ Current

Kirk J. Emge is Senior Vice President and General Counsel of Pepco Holdings, Inc. (PHI), a regional energy holding company that provides utility service to more than 1.9 million customers. PHI is the parent company of Potomac Electric Power Company, an electric utility serving Washington, D.C., and suburban Maryland; Delmarva Power, an electric and gas utility serving Delaware and the rest of the Delmarva Peninsula; and Atlantic City Electric, an electric utility serving southern New Jersey. Before coming to Pepco, Mr. Emge served as General Counsel to the Public Service Commission of Maryland (1983 -1986), the Commission's Chief Hearing Examiner (1978-1983) and a Commission Hearing Examiner (1974-1978). Mr. Emge joined Pepco in 1986 as Deputy General Counsel and advanced through several executive and legal capacities. He was elected Vice President, Regulatory Law in April 1994. In this position within the Legal Services Group, he was responsible for representing and coordinating the Company's activities before regulatory agencies, principally the Maryland and District of Columbia Public Service Commissions and the Federal Energy Regulatory Commission. He became Vice President, Legal Services for Pepco responsible for the management of Pepco's Legal Services group in April 1998. Mr. Emge became Vice President, Legal Services, Pepco Holdings, Inc., in August 2002 when the merger of Potomac Electric Power Company and Conectiv to form Pepco Holdings, Inc., was completed. Mr. Emge holds a BA from The Johns Hopkins University and a Juris Doctorate from the University Of Maryland School Of Law. He is currently a member of the Edison Electric Institute's Legal Committee, where he is Chairman of the Subcommittee on Electric Distribution and Retail Marketing. Mr. Emge is also a member of the District of Columbia Bar Association, Maryland Bar Association, Delaware Bar Association and the American Gas Association Legal Committee.

Organization Position Status
Pepco Holdings, Inc. Senior Vice President & General Counsel Current
Pepco Vice President, Regulatory Law Current
Pepco Holdings, Inc. Deputy General Counsel Current
University of Maryland School of Law Juris Doctorate Former
The Johns Hopkins University BA Former
University of Maryland School of Law BA Former

Organization Position Status
Pepco Manager, HR Current

Organization Position Status
Pepco Manager, Investor Relations Current

Organization Position Status
Pepco Manager, Market Research Current

Organization Position Status
Pepco Manager, Corp Communications Current

Organization Position Status
Pepco Manager, Finance Current

Organization Position Status
Pepco Manager, Computer Sales Current

Organization Position Status
Pepco Manager, Employee Services Current

Organization Position Status
Pepco Manager Current

Organization Position Status
Pepco Manager, Advertising Current

Organization Position Status
Pepco Secretary & Assistant Treasurer Current

Array

Organization Position Status
Pepco Current
Boise Cascade, LLC Current
Allegheny Power Current

As Director of Diversity at Pepco Holdings, Inc. (PHI), Ms. Dorsey is responsible for the overall coordination of PHI diversity efforts by working with each line of business within PHI to ensure continued implementation and execution of PHI's diversity strategy, as well as promoting fair and consistent practices across all lines of business. In addition to the internal focus, Ms. Dorsey is also responsible for communicating PHI's diversity strategy and commitment to the external community through our Supplier Diversity initiatives. Prior to joining Pepco in 1988, Ms. Dorsey worked for the Long Island Lighting Company and the law firm of Mahr and Babinecz. She has held various positions of increasing responsibility with Pepco and its affiliates including, Vice President, Pepco Energy Services and Vice President, Deputy General Counsel and Corporate Secretary, Potomac Capital Investment. Ms. Dorsey received her B.A. in Economics from Howard University and her J.D. from Hofstra University in New York. She is a member of the New York, Maryland and District of Columbia Bars.

Organization Position Status
Pepco Holdings, Inc. Director of Diversity Current
Pepco Current
Maryland.Com Board of Directors Current
Jobs for America's Graduates District of Columbia, Inc. Board of Directors Current
Long Island Lighting Company Former
Hofstra University J.D. Former
Howard University B.A. In Economics Former

Pepco engineer Kelly Sullivan knows all about hard work and discipline. As one of the first women to graduate from the Virginia Military Institute (class of 2001), she endured grueling physical conditioning requirements and plowed through an equally difficult academic agenda. All of this was great training for her current post at Pepco. Sullivan, 27, is managing the installation of two 230-kilovolt underground transmission lines that will deliver more reliable electric power to downtown Washington . The $70 million project is on schedule to be complete by summer 2007. Sullivan is being recognized for her skill and her ability to command respect in a world often dominated by men. The Washington Post recently featured her in a Business cover story. The Georgia native who grew up on a Black Angus cattle ranch admits she would rather be out in the field than in an office. Her daily duties run the gamut from climbing into manholes to negotiating county permits.

Organization Position Status
Pepco Engineer Current
Virginia Military Institute Former

Organization Position Status
Delmarva Power Chairman of the Board, President and Chief Executive Officer Current
Atlantic City Electric Chairman of the Board, President and Chief Executive Officer Former
Pepco Chairman Former

Organization Position Status
Pepco Vice Chairman & General Counsel Current

Executive News

  • Pepco Holdings, Inc. (Washington, DC)

    Hoovers - 6/26/09 - View Story

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