Exelon
Exelon Corporation is an American Fortune 100 energy company headquartered in Chicago, Illinois. It generates revenues of approximately $33.5 billion and employs approximately 34,000 people. Exelon is the largest electric parent company in the United States by revenue, the largest regulated utility in the United States with approximately 10 million customers, and also the largest operator of nuclear power plants in the United States. It was created in October 2000 by the merger of PECO Energy Company of Philadelphia and Unicom Corp of Chicago, which owned Commonwealth Edison
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Workers Beware: Forced Arbitration Can Happen To You
In 2012, Exelon acquired the energy company Constellation. As part of the acquisition, Exelon severed its employment relationship with Constellation’s Senior Vice President of Supply. When Exelon refused to honor its financial obligations under the executive negotiated contract, the recently-terminated executive brought a claim in arbitration, as required under the terms of the employment agreement.
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