Summary
Exelon Corporation (EXC) has announced a significant leadership change in its finance department through an 8-K filing dated October 15, 2002. The company revealed that Robert S. Shapard will be appointed as Executive Vice President and Chief Financial Officer. This appointment signals a strategic move in the company's financial management, with Mr. Shapard set to take on his new responsibilities in late October and early November 2002.
Key Highlights
- 1Robert S. Shapard appointed as Executive Vice President and Chief Financial Officer.
- 2Shapard's election as Executive Vice President is effective October 21, 2002.
- 3He will assume the role of Chief Financial Officer on or about November 4, 2002.
- 4The announcement was made via a news release issued on October 14, 2002.
- 5This filing is an 8-K Current Report, indicating a material event.
- 6The news release is attached as Exhibit 99.1 to the filing.
Frequently Asked Questions
Robert S. Shapard has been appointed as the new Executive Vice President and Chief Financial Officer.
He will become Executive Vice President on October 21, 2002, and is expected to assume the Chief Financial Officer role on or about November 4, 2002.
This is an 8-K Current Report, which is filed to announce major corporate events that shareholders should be aware of in a timely manner. In this case, the material event is the appointment of a new CFO and EVP.
The official news release announcing this appointment is attached to the 8-K filing as Exhibit 99.1.