The Utility of Strategy: When Finance Meets Forecasting The shift towards integrating finance and strategy within utility companies has been underway for some time, but Exelon's move to give its CFO a central role in corporate strategy is particularly noteworthy given the industry's growing challenges.
Electricity demand is surging, and utilities are facing mounting pressure to invest without driving up customer bills – a delicate balancing act that requires strategic thinking.
Jeanne Jones, Exelon's longtime finance chief, will take on a newly created role as EVP of finance and strategy next month. This move reflects the broader trend of CFOs taking on more strategic responsibilities.