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Exelon Corporation Message Board

  • low_mac low_mac Mar 20, 2013 7:34 AM Flag

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    • I'm not blaming Exelon's recent price performance (outside of the CEG merger) on the management.

      I'm blaming this on me. I held on from $50 down to $33 over two years while natural gas prices plummeted.

      Fortunately, it looks like they've bottomed.

      Our current CEO is a smart guy who knows how to operate nuclear reactors. He obviously doesn't know which regulators *cough cough* Maryland *cough cough* to AVOID AVOID AVOID.

      That is a problem for the board. We need to replace the board and get an independent Chairman. But Crane is doing a fine job of managing the day to day operations of the reactors.

      No on say on pay, if they're paying the CEO more than $10 million for this year.

      No on any director who was in favor of the CEG merger.

      Yes on otherwise keeping the CEO. Operationally speaking, Exelon is a very well-managed firm. Crane is a former reactor operator who knows how to run a fleet of reactors. The finances and investments? Not so much. We need better oversight of that.

      Sentiment: Hold

      • 1 Reply to sapnetkram
      • Agree on all your points. Especially on CEO compensation. I don't understand the attitude on the board that would recommend more than $1.00 in compensation after watching 40% of shareholder value evaporate and a large cut in dividend. The board and CEO should consider themselves lucky to still have jobs after their performance. If it was up to me, I'd fire them all, CEO included.

 
EXC
31.47-0.48(-1.50%)Jul 29 4:02 PMEDT

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