Kevin Klages, BGE HOME Chief Operating Office, Named as Successor
BALTIMORE, Feb. 12 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that William H. Munn is retiring as president
and chief executive officer of its BGE HOME subsidiary effective in March
and will be succeeded by Kevin Klages, currently chief operating officer.
Munn plans to spend more time with his family and expand his current
non-profit board activities.
As president the past 13 years, Munn has been the driving force behind
the growth and success of BGE HOME as it matured from a regional storefront
retailer into a high efficiency Home Comfort Sales and Service Business, as
well as a recognized leader in the sale of high efficiency HVAC equipment.
"Bill and his team have positioned BGE HOME to be a leader in the fast-
growing high-efficiency HVAC sector," said Thomas F. Brady, executive vice
president, corporate strategy, Constellation Energy. "Under his leadership,
the company has made great strides and, most impressively, has done so
while boosting customer satisfaction to 96 percent. I'm confident Kevin
will build on Bill's track record of strong growth and BGE HOME's unmatched
commitment to customer service."
Klages, who has been with BGE HOME since its founding, will succeed
Munn. Klages earned a bachelor's degree from Loyola College and a master's
degree from the University of Baltimore. Klages serves as the American
Cancer Society's Board Representative to the United Way of Central
Maryland.
BGE HOME, based in White Marsh, Maryland, provides heating, air
conditioning, plumbing, and electrical sales and service; appliance
repairs; and window and door replacements. The company's customers include
residential and small commercial, throughout Maryland.
Constellation Energy (http://www.constellation.com), a FORTUNE 125
company with 2007 revenues of $21 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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Related links:
http://www.constellation.com/
http://www.prnewswire.com/comp/084087.html /
CONTACT:
Media, Lawrence McDonnell, +1-410-470-7433,
or Investors, Kevin Hadlock, +1-410-470-3647, both of
Constellation Energy
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