Summary
This 8-K filing from Exelon Corp. (EXC) announced the appointment of Richard A. Mies as a new director, effective February 2, 2009. This appointment expands the board size to sixteen directors and places Mr. Mies on the Generation Oversight committee. This is a governance-related update that investors should note regarding the composition and oversight structure of the company's board. While this filing is primarily administrative, it also includes standard forward-looking statement disclaimers. Investors should be aware that these statements are subject to various risks and uncertainties, and actual results could differ materially. The company directs readers to its previous filings (2007 10-K and Q3 2008 10-Q) for a comprehensive understanding of these risks and other important financial and operational information.
Key Highlights
- 1Exelon Corp. appointed Richard A. Mies as a new director, effective February 2, 2009.
- 2The board of directors has been expanded to sixteen members with this appointment.
- 3Richard A. Mies has been appointed to the Generation Oversight committee.
- 4The filing serves as notification of a change in board composition.
- 5The report contains standard forward-looking statement language, cautioning investors about potential uncertainties.
- 6Investors are referred to previous SEC filings (10-K and 10-Q) for detailed risk factors and financial information.