Anne Pramaggiore

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Anne Pramaggiore
Personal details
Alma materMiami University (B.F.A.)
DePaul University (J.D.)
ProfessionBusiness executive

Anne Pramaggiore was senior executive vice president and CEO of Exelon Utilities, which oversees energy company Exelon Corporation's six local gas and electric utility companies.[1] Those companies are Atlantic City Electric, BGE, Delmarva Power, PECO Energy, Pepco, and ComEd, where Pramaggiore served as the first female president and CEO before becoming Exelon Utilities’ leader. In October 2019, she announced her retirement amid a federal probe into the ComEd's efforts to lobby members of the Illinois state senate.[2]

Pramaggiore previously served as chair of the board of the Federal Reserve Bank of Chicago,[3] a position she resigned in October 2019.[4] She is an independent director of Babcock and Wilcox and Motorola Solutions, Inc.[5] In 2017 she was named to the board of directors of the National Safety Council.[6] She also serves on several civic and community organization boards.[7] Chicago Magazine listed her as one of the '100 most powerful Chicagoans' in 2013, and she was number five on Crain's Chicago Business "20 most powerful women" list in 2014.[8][9]

Early life and education[]

Anne Pramaggiore was born on August 9, 1958 to Alfred Pramaggiore and Jeanne Lacy Pramaggiore.[10] Alfred Pramaggiore was born in Brooklyn, NY to parents who emigrated from Italy. After graduating from City College of New York, Alfred pursued a career as a civil engineer.[11] Jeanne Lacy Pramaggiore was a girl scout leader who later worked on political campaigns. She also served as a president of the Ohio Genealogical Society.[12]

Pramaggiore graduated from Miami University in Oxford, Ohio in 1980 with a bachelor's degree in theater.[13] She later attended DePaul University College of Law and served as the editor-in-chief of the school's Law Review. She earned her law degree in 1989.[13]

Career[]

While still living in Ohio, Pramaggiore completed the management training program at Elder Beerman Department Store.[14] She went on to become an assistant department manager at the store and then became a buyer for Snyder's Department Store in Louisville, Kentucky.[15][12][14]

After attending law school, Pramaggiore took a position as a clerk in the U.S. District Court for the Northern District of Illinois under Judge Charles P. Kocoras. She considered Judge Kocoras a 'significant mentor.'[16] She clerked from 1989 to 1990. She next became an associate and eventually a partner at the law firm of McDermott Will & Emery, remaining there until 1998.[12]

Commonwealth Edison[]

Pramaggiore joined Commonwealth Edison as an attorney focused on deregulation and was named senior vice president at the utility in 2006. She was promoted to president and CEO of the utility in February 2012.[5] She was the first female to hold the post of president and CEO at the electric utility. Known as ComEd, the company delivers electricity to more than four million customers in Chicago and Northern Illinois.[14]

At ComEd, Pramaggiore set the legislative framework for the company's smart grid build out which has become a national model.[17] Under her leadership, ComEd "worked closely with the community solar industry" to implement a 2016 law called the Future Energy Jobs Act which created incentives for using more energy from solar and other renewable sources.[18][19]

Exelon Utilities[]

In May 2018, Pramaggiore was named senior executive vice president and CEO of Exelon Utilities, where she oversees ComEd and five other gas and electric utility companies.[20]

On Wednesday, November 18, 2020 Pramaggiore was indicted by the U.S Attorney for the Northern District of Illinois for bribery conspiracy, bribery and willfully falsifying ComEd books and records.

Recognition and honors[]

As a community and industry leader, Pramaggiore has received multiple awards, commendations and appointments. In 2017, she was named the energy industry's Thought Leader of the Year.[21] She was also selected by the Keystone Policy Center as one of five leaders honored for "achievements and commitments to finding collaborative solutions."[22] In 2016 and 2017, she co-chaired the Aspen institute's annual Energy Policy Forum.[23][24] She was named one of Chicago's 25 most powerful women in 2016 and one of Chicago Magazine's 100 most powerful Chicagoans in 2013.[25][8] She was ranked 5th on Crain's Chicago Business most powerful women list in 2014, the same year she was designated utility industry CEO of the year by Energy Central Magazine.[9][26] She has also received the Civic Engagement Award from her undergraduate alma mater, Miami University of Ohio.[13]

She serves on the boards of Northwestern Memorial Hospital, Motorola Solutions, Babcock and Wilcox Enterprises, DePaul University and the Federal Reserve Bank of Chicago, where she is chair of the board.[27][28][29][3][30]

Racketeering Charges[]

On March 2, 2022, Pramaggiore was indicted on charges of bribery conspiracy.[31] Indicted in the same case on federal racketeering charges was Michael Madigan, former long-time speaker of the Illinois House of Representatives.[32]

References[]

  1. ^ staff, Chicago Tribune. "ComEd names new CEO as Anne Pramaggiore takes role at Exelon". chicagotribune.com. Retrieved 2018-05-24.
  2. ^ Meisner, Ray Long, Jason. "Exelon Utilities CEO Anne Pramaggiore abruptly retires amid federal probe into Illinois lobbying". chicagotribune.com. Retrieved 2020-06-05.
  3. ^ a b "Person Listing - Federal Reserve Bank of Chicago". www.chicagofed.org. Retrieved 2018-05-24.
  4. ^ "Pramaggiore resigns as chair of Federal Reserve Bank of Chicago". Crain's Chicago Business. 2019-10-30. Retrieved 2020-06-05.
  5. ^ a b "Anne R. Pramaggiore: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2018-05-24.
  6. ^ "New Chairman, Board Members, Appointed to NSC Board of Directors". National Safety Council. Retrieved 2018-05-24.
  7. ^ "It's Cozy at the Top". Chicago magazine. Retrieved 2018-05-24.
  8. ^ a b "Anne Pramaggiore". Chicago magazine. Retrieved 2018-05-24.
  9. ^ a b "The 20 Most Powerful Women in Chicago Business". www.chicagobusiness.com. Retrieved 2018-05-24.
  10. ^ "What is ComEd CEO Anne Pramaggiore's Biggest Challenge?". Retrieved 2018-05-24.
  11. ^ "Obituary for Alfred Pramaggiore - Dayton, Oh, OH". www.memorialsolutions.com. Retrieved 2018-05-24.
  12. ^ a b c Pramaggiore, Anne R. (2012-07-07). "Anne Pramaggiore of ComEd, and an Eclectic Career Path". The New York Times. ISSN 0362-4331. Retrieved 2018-05-24.
  13. ^ a b c "In The Spotlight: Anne Pramaggiore '80 - College of Creative Arts - Miami University". www.miamioh.edu. Retrieved 2018-05-24.
  14. ^ a b c "ComEd's president charged with bringing change to utility". tribunedigital-chicagotribune. Retrieved 2018-05-24.
  15. ^ "Anne Pramaggiore | Women Worth Watching". www.womenworthwatching.com. Retrieved 2018-05-24.
  16. ^ "Women in Business Q&A: Anne Pramaggiore, CEO, ComEd". HuffPost UK. 2016-02-16. Retrieved 2018-05-24.
  17. ^ "Smart Electric Power Alliance | SEPA". SEPA. Retrieved 2018-05-24.[permanent dead link]
  18. ^ "Illinois energy reform set to shape new solar business models for utilities". Utility Dive. Retrieved 2018-05-24.
  19. ^ Blogs, EDF (2018-04-10). "How this up-and-coming leader is improving energy equity in Illinois". Energy Exchange. Retrieved 2018-05-24.
  20. ^ Staff Report. "Exelon names key executives to new posts". Dispatch-Argus-QCOnline. Retrieved 2018-05-24.
  21. ^ "Anne Pramaggiore selected as 2017 "ETS Thought Leader of the Year" | ETS17". ETS17. 2017-03-20. Retrieved 2018-05-24.
  22. ^ "Keystone Policy Center Honors National Leaders Committed to Collaborative Solutions - Keystone Policy Center". www.keystone.org. Retrieved 2018-05-24.
  23. ^ "2017 Energy Policy Forum - The Aspen Institute". The Aspen Institute. Retrieved 2018-05-24.
  24. ^ Agenda: Aspen Institute Energy and Environment Program 2016 Energy Policy Forum
  25. ^ "The 25 Most Powerful Women in Chicago". Make It Better - Family, Food, Finances & Philanthropy. 2016-07-31. Retrieved 2018-05-24.
  26. ^ Carnegie Mellon University (2018-04-04), CMU Energy Week: Keynote Speaker Anne Pramaggiore, retrieved 2018-05-24
  27. ^ Medicine, Northwestern. "Northwestern Memorial HealthCare Announces Board Appointments". Northwestern Medicine. Retrieved 2018-05-24.
  28. ^ "Board of Directors | Motorola Newsroom". newsroom.motorolasolutions.com. Retrieved 2018-05-24.
  29. ^ "The Babcock & Wilcox Company Board of Directors Approves Spin-Off of Power Generation Business". Retrieved 2018-05-24.
  30. ^ "Anne Pramaggiore of ComEd elected a DePaul trustee". Crain's Chicago Business. Retrieved 2018-05-24.
  31. ^ "Ex-House Speaker Michael Madigan, long the state's most powerful pol, indicted on federal racketeering charges". Chicago Tribune.
  32. ^ "Lisa Madigan defends dad's post". Chicago Sun-Times. 2002-09-21. Archived from the original on 2012-10-22. Retrieved 2008-11-09.

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