Energy Leader Exelon Debuts New Brand Reflecting New Family of Companies
Exelon (EXC) launches new brand strategy and logo following recent merger with Constellation
CHICAGO--(BUSINESS WIRE)-- Exelon Corporation today revealed its new brand strategy, including the new corporate vision and values that will guide the energy company going forward, as well as a new logo and visual identity, following Exelons recent merger with Constellation.
Together, Exelon and Constellation form the nations leading competitive energy provider a whole that is truly greater than the sum of its parts, said Exelon President and CEO Chris Crane. Our new brand reflects the new Exelon and our belief that our high-performance energy is the engine of progress. Every day we are focused on maximizing the potential of energy safely, reliably and sustainably.
Exelons new vision and values express what the company aspires to be and how it will deliver focused, sustainable growth to benefit customers, communities, employees and shareholders. It speaks to Exelons commitment to excellence in everything it does, and its drive to learn and grow, and to constantly adapt, enhance and advance.
The new Exelon has a strong foundation upon which to build and a new, balanced perspective that comes from our unique position across the energy business, Crane said. By building the organization on the strengths of both legacy companies, we will be poised to succeed.
The new values that will guide Exelon and set the tone for its culture build upon the corporate values shared by both Exelon and Constellation: a dedication to safety, an active pursuit of excellence, and a firm commitment to integrity and accountability. The values also maintain a focus on teamwork, inclusion and diversity, and innovation to better serve customers.
As part of its new brand identity, Exelon unveiled a new logo, which will be applied over the coming months to all of Exelons customer and other stakeholder touchpoints, such as signage at Exelons facilities, workforce apparel, fleet vehicles, websites and business collaterals. It replaces the green and blue logo that Exelon has used since its formation in 2000 with a modern, dynamic and progressive emblem that better represents the new company. Exelons Constellation business unit has adopted a new logo with the same symbol and typeface to reinforce the connection between the companies and to allow them to leverage each others brand equity.
The new logo depicts the company name beside a symbol inspired by a flag to represent that Exelon is leading the charge. The flag has three colors inspired by Exelons commitment to progress, customers and sustainability. It features parallel lines to reflect the many businesses, stakeholders and perspectives working toward a common goal: driving progress for the customers and communities that the Exelon family of companies serves.
The logos and visual styles for Exelons utility companies BGE in central Maryland, ComEd in northern Illinois and PECO in southeastern Pennsylvania will not change.
The new brand is in part born of the logic that brought Exelon and Constellation together. Exelons large, clean generation fleet and Constellations industry-leading customer-facing businesses are a good strategic fit that creates a platform for sustainable growth and delivers real stakeholder benefits.
We are focused on capitalizing on the strategic benefits of the merger and growing Exelon in ways that are economically, socially and environmentally sustainable, Crane said.
Exelon Corporation is the nations leading competitive energy provider, with approximately $33 billion in annual revenues. Headquartered in Chicago, Exelon has operations and business activities in 47 states, the District of Columbia and Canada. Exelon is the largest competitive U.S. power generator, with approximately 35,000 megawatts of owned capacity comprising one of the nations cleanest and lowest-cost power generation fleets. The companys Constellation business unit provides energy products and services to approximately 100,000 business and public sector customers and approximately 1 million residential customers. Exelons utilities deliver electricity and natural gas to more than 6.6 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Learn more at: www.exeloncorp.com.
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Source: Exelon CorporationCopyright Business Wire 2012