BALTIMORE, Jan. 7 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:
CEG) announced that Brenda Boultwood has been appointed senior vice
president and chief risk officer, effective today. As chief risk officer,
Boultwood will lead risk management activities for Constellation Energy and
its businesses, including defining and assessing enterprise-wide business
risks and facilitating proactive decision-making to effectively manage the
risks associated with each business line. In her new position, she reports
to John R. Collins, executive vice president and chief financial officer of
Constellation Energy, who is an acknowledged leader in the field of risk
management and had served as the company's chief risk officer since
December 2001.
"We are pleased to welcome Brenda to Constellation Energy," said
Collins. "She joins Constellation Energy with extensive risk management
experience, along with a strong background in global markets and a solid
understanding of energy markets. Constellation Energy has distinguished
itself as being a leader in effectively managing risk enterprise-wide and
within our businesses, and we believe that, under Brenda's insightful
leadership, we will be able to continue to advance our strong risk
management capability."
Prior to joining Constellation Energy, Boultwood most recently served
as global head of strategy, Alternative Investment Services for J.P. Morgan
Chase & Company, where she was responsible for developing strategy for the
company's Hedge Fund Services, Private Equity Fund Services, Leveraged Loan
Services and Global Derivative Services business lines. During her tenure
at J.P. Morgan Chase, she also served as head, strategic risk management
for its Treasury Services group and as global business head, Global
Derivative Services of its Alternative Investment Services group. Boultwood
joined J.P. Morgan Chase when it acquired Bank One Corporation in 2003.
Prior to the merger, she held risk management positions with Bank One
Corporation, having served as head, corporate market risk management and
head, corporate operational risk management and then advancing to head,
global risk management for its Global Treasury Services group. Boultwood
also worked with PricewaterhouseCoopers as a senior manager in its
Financial Risk Management Consulting Practice and was employed with
Chemical Bank Corporation as a financial engineering associate. In
addition, she spent six years teaching in the University of Maryland's
Master of Business Administration program.
Boultwood graduated with honors from the University of South Carolina
with a bachelor's degree in international relations. She also earned a
Ph.D. in economics from the City University of New York.
Constellation Energy (http://www.constellation.com), a FORTUNE 125
company with 2006 revenues of $19.3 billion, is the nation's largest
competitive supplier of electricity to large commercial and industrial
customers and the nation's largest wholesale power seller. Constellation
Energy also manages fuels and energy services on behalf of energy intensive
industries and utilities. It owns a diversified fleet of 78 generating
units located throughout the United States, totaling approximately 8,700
megawatts of generating capacity. The company delivers electricity and
natural gas through the Baltimore Gas and Electric Company (BGE), its
regulated utility in Central Maryland.
SOURCE Constellation Energy
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CONTACT:
Media, Robert L. Gould or Debra Larsson,
+1-410-470-7433, or Investors, Kevin Hadlock, +1-410-470-3647, or
Janet Mosher, +1-410-470-1884, all of Constellation Energy
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