BALTIMORE, Feb. 22 /PRNewswire-FirstCall/ -- Constellation Energy
(NYSE: CEG) today announced that Ann C. Berzin, former chairman and chief
executive officer of Financial Guaranty Insurance Company (FGIC), has been
elected to the Constellation Energy board of directors.
"We are pleased to welcome Ann Berzin to our board of directors," said
Mayo A. Shattuck III, chairman, president and chief executive officer,
Constellation Energy. "Ann's expertise in the financial services sector and
her broad business experience will be extremely beneficial to Constellation
Energy as we continue to execute our growth plans with a sharp focus on
fiscal and risk management and corporate responsibility."
Berzin was named chairman and chief executive officer in 1992 of FGIC,
a leading financial guarantor that provides credit enhancement on
infrastructure finance and structured finance securities worldwide, and
served in that role until 2001. Prior to that, she had served as FGIC's
general counsel since 1984, following a successful legal career in private
practice, specializing in the financial services industry.
Berzin serves on the boards of directors of Ingersoll-Rand Company,
serving on the Audit and Finance Committees, and Kindred Healthcare,
serving on the Audit, Compensation and Nominating and Corporate Governance
Committees. In addition, she is the chairperson of the University of
Chicago's Visiting Committee on the College and Student Activities. Berzin
also formerly served as chairman of the Association of Financial Guaranty
Insurers. She is a graduate of the University of Chicago, earning both a
bachelor's degree in political science and Juris Doctor degree.
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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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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