Tuesday, October 6, 2015

Exelon powers up shareholders meeting in Philadelphia

The Chicago utility holds its annual meeting at the corporate headquarters of Peco Tuesday.

Exelon powers up shareholders meeting in Philadelphia


Exelon Corp., the Chicago-based company that owns Peco, will hold its annual shareholders meeting at Peco corporate headquarters at 2301 Market St. Tuesday, starting at 9:30 a.m.

Here's a link to the proxy statement filed with the Securities and Exchange Commission.

Outside of one shareholder-sponsored resolution asking for Exelon to prepare a "global warming" report, the meeting is unlikely to generate too many sparks. Now NRG Energy Inc.'s meeting on May 14 could.

Exelon has been waging a hostile bid for the Princeton company. And it has offered up a slate of four nominees to NRG's board as part of a proxy fight. So far, both sides have dug in their heels, pressing either on offense or defense.

Will the tussle be mentioned at Exelon's annual meeting on Tuesday?

Inquirer Columnist
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About this blog
Mike Armstrong blogs about Philadelphia corporations and business-related topics. Contact him at 215-854-2980. Reach Mike at marmstrong@phillynews.com.

Mike Armstrong Inquirer Columnist
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