BNET Industries
Last Fiscal Year Sales:$5.8B
- Private
- US
Dow Jones Description
Utility Company
Chief Executive Officer
Frank ClarkNumber of Employees 5,500
Peer Companies
NAICS Code Other Electric Power Generation: 221119
Recent Events
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ComEd's president charged with bringing change to utility
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In charge of bringing change to ComEd
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ComEd announces management changes
News & Analysis
Filter by
commonwealth edison corp. and exelon corp. - All News and Analysis
Peco parent Exelon posts loss
Exelon Corp., the parent of Philadelphia's major utility, Peco, posted a third-quarter loss yesterday on slightly weaker sales and a onetime charge of $776 million. The Chicago-based electric and gas utility said it lost $44 million, or 7 cents a share, on revenue of $4.4 billion in the third quarter....
Fitch Rates Exelon Corp.'s $1.7B Senior Notes 'BBB+'
NEW YORK -- Fitch Ratings has assigned a 'BBB+' rating to Exelon Corp.'s (Exelon, or EXC) new $1.7 billion issue of senior notes. The notes are in three tranches, including $400 million 4.45% senior notes due June 15, 2010, $800 million 4.9% senior notes due June 15, 2015, and $500...
Commonwealth Edison Company Announces Redemption of Its First Mortgage 9-7/8% Bonds, Series 75, Due June 15, 2020
CHICAGO -- Commonwealth Edison Company announced today it will redeem on June 15, 2005 all of its outstanding First Mortgage 9-7/8% Bonds, Series 75, due June 15, 2020. The redemption price for the bonds will be 102.27% of the principal amount, plus accrued interest to June 15, 2005. The...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Frank Clark | Chief Executive Officer |
| Duane M. DesParte | Vice President & Controller |
| Samuel Insull | Founder |
| Mark Lautenschlager | Project Manager |
| Donald P. Jacobs | Director |
| Sue Ling Gin | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Cordell Reed | Board of Directors |
| Edward J. Mooney | Board of Directors |
| Michael Moskow | Board of Directors |
| Richard L. Thomas | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Edison Corp. | Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Edison Corp. | Vice President & Controller | Current |
Samuel Insull, founder of Commonwealth Edison, began purchasing land south of Libertyville in 1906. His eventually acquired 4,445 acres, a holding that he named Hawthorne-Mellody Farms. He also bought the Chicago & Milwaukee Electric line (later the Chicago, North Shore & Milwaukee), which had built a spur from Lake Bluff to Libertyville in 1903. When Insull was ruined by the Great Depression, parts of his estate were bought by prominent Chicagoans Adlai Stevenson and John F. Cuneo.[3]
| Organization | Position | Status |
|---|---|---|
| Commonwealth Edison Corp. | Founder | Current |
| Loftus Photography | Current |
Mark Lautenschlager is Liberty's lead electric consultant in the operations audit of Northwestern Energy Montana. He led the review of substations and assisted in several others, focusing on maintenance and construction, in Liberty's investigation of Commonwealth Edison for the Illinois Commerce Commission. He was also Liberty's project manager for the assessment of standards and practices of Alabama Power and Georgia Power. He is now serving as Liberty's project manager for the recommendation implementation project at Commonwealth Edison. He was employed by I&M Electric, an AEP company, as substation maintenance and relay engineer and Harza Engineering as substation engineer in Iran. He was also owner and Senior Vice-President Engineering and Operations of High Voltage Maintenance Corporation.
| Organization | Position | Status |
|---|---|---|
| The Liberty Consulting Group | Project Manager | Current |
| Commonwealth Edison Corp. | Project Manager | Current |
| Georgia Power Co. | Project Manager | Former |
| The Liberty Consulting Group | Liberty's Lead Electric Consultant | Former |
| Harza Engineering | engineer | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Edison Corp. | Board of Directors | Current |
| Washington Group International, Inc. | Director | Current |
| Commonwealth Edison Corp. | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Allstate Bank | Advisor | Current |
| Greenwich Associates | Advisor | Current |
| Northwestern University | Dean Emeritus | Current |
| Optimum Company | Editor | Current |
| Financial Institutions, Inc. | Current | |
| CDW Corporation | Corporate Governance Committee Chairman | Current |
| Commonwealth Edison Corp. | Director | Current |
| Asian Centre for Corporate Governance | Board of Directors | Current |
| Hartmarx Corporation | Director | Current |
| ProLogis | Board of Directors | Current |
| Terex Corporation | Board of Directors | Current |
| CDW Corporation | Audit Committee Member | Current |
| Terex Corporation | Governance and Nominating Committee Member | Current |
| US House of Representatives | Senior Economist | Former |
| Andersen Worldwide | Chairman | Former |
| Resolution Trust Corporation | Chairman | Former |
| National Railroad Passenger Corporation | Chairman | Former |
| United Communications Inc. | Director | Former |
| US House of Representatives | Board of Directors | Former |
| National Railroad Passenger Corporation | Board of Directors | Former |
| Columbia University | Doctorate | Former |
| Roosevelt University | Graduate | Former |
| Columbia University | Masters Degree | Former |
| Columbia University | Bachelor of Arts degree in Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Challenge What's Possible | Current | |
| PolyOne Corporation | Board of Directors | Current |
| Wildlifedirect | Board of Directors | Current |
| FMC Technologies Measurement Solutions | Board of Directors | Current |
| Commonwealth Edison Corp. | Board of Directors | Current |
| FMC Technologies, Inc. | Director | Current |
| FMC Technologies (Fti) | Board of Directors | Current |
| FMC Blending & Transfer | Board of Directors | Current |
| FMC Corporation | Board of Directors | Current |
| Northern Trust Corporation | Board of Directors | Current |
| Cabot Microelectronics Corporation | Board of Directors | Current |
| The University of Texas | J.D. | Former |
| The University of Texas | B.S. In Chemical Engineering | Former |
Michael H. Moskow is the Vice Chairman and Senior Fellow on the Global Economy at the Chicago Council on Global Affairs He served as president and chief executive officer of the Federal Reserve Bank of Chicago from 1994-2007. In that capacity, he was a member of the Federal Open Market Committee, the Federal Reserve System's most important monetary policymaking body. Mr. Moskow's career includes service in the public and private sectors, as well as academia. During the course of his career, Mr. Moskow has been confirmed by the Senate for five U.S. government positions. He began his career teaching economics, labor relations, and management at Temple University, Lafayette College, and Drexel University. From 1969 to 1977, he held a number of senior positions with the U.S. government, including under secretary of labor at the U.S. Department of Labor, director of the Council on Wage and Price Stability, assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development, and senior staff economist with the Council of Economic Advisers. In 1977, Mr. Moskow joined the private sector at Esmark, Inc. in Chicago and later held senior management positions at Northwest Industries, Dart and Kraft, Inc., and Premark International, Inc., a spin-off from Dart and Kraft. In 1991, President Bush appointed Mr. Moskow Deputy United States Trade Representative, with the rank of Ambassador. He was responsible for trade negotiations with Japan, China, and Southeast Asian countries as well as industries such as steel, semiconductors, and aircraft. Mr. Moskow returned to academia in 1993, joining the faculty of the J.L. Kellogg Graduate School of Management at Northwestern University, where he was professor of strategy and international management at the time of his appointment as president of the Chicago Reserve Bank. Mr. Moskow is active in numerous professional and civic organizations. He is the former chairman of The Economic Club of Chicago and serves as a director of the Northwestern Memorial Foundation, World Business Chicago, and the Chicagoland Chamber of Commerce. He is a member of the Commercial Club of Chicago, a fellow of the National Academy of Public Administration, and a Board member and former Chairman of the National Bureau of Economic Research. In addition to being a trustee of Lafayette College, Mr. Moskow is a member of the Advisory Board to the Kellogg Graduate School of Management at Northwestern University. Since leaving his position at the Federal Reserve, Mr. Moskow joined the boards of directors of Discover Financial Services, Commonwealth Edison, Northern Funds, Diamond Management & Technology Consultants, and Taylor Capital Group. Mr. Moskow was born in Paterson, New Jersey. He received an A.B. in economics from Lafayette College in Easton, Pennsylvania and a Ph.D. in business and applied economics from the University of Pennsylvania. He is married to Suzanne Kopp-Moskow and has three married children and six grandchildren.
| Organization | Position | Status |
|---|---|---|
| The Chicago Council On Global Affairs | President and Chief Executive Officer of The Federal Reserve Bank of Chicago | Current |
| Northwestern Memorial Foundation | Director | Current |
| Illinois Council | Board of Directors | Current |
| Commonwealth Edison Corp. | Board of Directors | Current |
| Chicagoland Chamber of Commerce | Director | Current |
| World Business Chicago | Board of Directors | Current |
| The Chicago Council On Global Affairs | Board Vice Chairman | Current |
| Chicago Council | Vice Chairman | Current |
| Federal Reserve Bank of Chicago | President | Former |
| Diamond Management & Technology Consultants, Inc. | Board of Directors | Current |
| Lafayette College | Board of Directors | Current |
| The Edgewater Funds | Board of Directors | Current |
| National Academy of Public Administration | Fellow | Current |
| Federal Reserve Bank of Chicago | chief executive officer | Former |
| Federal Reserve Bank of Chicago | COO & Vice President | Former |
| Lafayette College | trustee | Former |
| U.S. Department of Housing and Urban Development | assistant secretary for policy development and research | Former |
| Esmark, Inc. | Former | |
| U.S. Department of Labor | Former | |
| Northwest Industries | Former | |
| Economic Club of Chicago | Chairman | Former |
| Council on Foreign Relations | Director | Former |
| Lafayette College | A.B. in economics | Former |
| Pennsylvania, Inc. | A.B. In Economics | Former |
| Kellogg School of Management at Northwestern University | member | Former |
| Organization | Position | Status |
|---|---|---|
| Exelon Corporation | Board of Directors | Current |
| Commonwealth Edison Corp. | Board of Directors | Current |
| Chicago Symphony Orchestra | Former | |
| Sabre Holdings Corporation | chair | Former |
| Sabre Holdings Corporation | Director | Former |
| The PMI Group Inc. | Board of Directors | Former |
| Sara Lee Corporation | Board of Directors | Former |
| Harvard Business School | master's degree | Former |
| Kenyon College | bachelor's degree | Former |
Sue Ling Gin (Chicago, Illinois) is the owner and founder of Flying Food Fare, Inc., an in-flight catering company serving 80 international airlines, and has served as its President and Chief Executive Officer since 1983. She is also the owner and founder of New Management, Ltd., a real estate sales, leasing, management and development firm, and has served as its President since 1977. She is a Director of Exelon Corporation, Commonwealth Edison and the Chicago Botanical Gardens. Ms. Gin is a General Partner of Haymarket Square Associates, a real estate partnership. Ms. Gin also serves as Chairman and Chief Executive Officer of Flying Food Group, LLC, President and Director of the William G. McGowan Charitable Fund, Inc., President and Director of the Sue Ling Gin Charitable Fund, Inc. and as a Trustee for DePaul University, the Field Museum of Chicago and Rush University Medical Center. Ms. Gin has served as one of our directors since October 2004.
| Organization | Position | Status |
|---|---|---|
| Flying Food Fare, Inc. | Founder | Current |
| Flying Food Fare, Inc. | Owner | Current |
| Centerplate, Inc. | Director | Current |
| Exelon Corporation | Director | Current |
| Ism - Silicon Valley, Inc. | Board of Directors | Current |
| Commonwealth Edison Corp. | Director | Current |
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