Who We Are
Exelon is helping build a more affordable, reliable energy future for the communities we serve. We're looking for people who are ready to make a difference and work together to deliver the energy our customers count on every day.
As a Fortune 200 company and one of the nation's largest utility companies, we have more than 20,000 colleagues who serve nearly 11 million customers through six fully regulated utilities - Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
Exelon is built by people who put safety first, work together to solve problems and show up every day for our customers and communities. We believe strong teams are built on trust, respect and a shared commitment to high-performance culture. And our commitment to employees includes creating an environment where people can grow, develop new skills and build thriving careers.
We know this work isn't easy. That's why we offer competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. No matter your role, you will be part of a team that is committed to making a difference, improving how we work and delivering for the people who depend on us.
Are you on for the challenge? Primary Purpose
The Director of Transmission Development is a senior enterprise leadership role responsible for leading Exelon's transmission investment origination, development, and execution across Exelon's multi-state footprint, with primary emphasis on PJM and adjacent regions (including MISO,SPP,NYISO,NEISO).
This role provides centralized leadership for large-scale transmission development initiatives that support system reliability, enable the energy transition, and deliver sustainable financial value to customers and shareholders. The Director leads the identification, evaluation, and execution of competitive and merchant transmission investment opportunities, including market design advocacy, transmission policy engagement, and partnership development.
The role oversees Exelon's transmission development portfolio, including offshore wind and other renewable-enabling transmission opportunities, and represents Exelon as a senior leader in regional, federal, and industry stakeholder forums.
This position requires deep expertise in transmission origination, commercial and financial due diligence, regulatory and policy engagement, and cross-functional execution, along with the ability to influence senior executives, regulators, and external partners.
The Director manages and develops a high-performing transmission development team and serves as a trusted advisor to executive leadership on transmission investment and development decisions.
Note: This is a hybrid position (in-office with remote flexibility). Employees are required to be in office at least three days per week (Tuesday, Wednesday, and Thursday). This position must sit out of our Oakbrook Terrace - IL, Chicago - IL, Philadelphia - PA, Baltimore - MD, Washington - DC or Kennett Square - PA. This position is eligible for relocation assistance.
Primary Duties
Enterprise Transmission Development & Investment Leadership
- Serve as Exelon's enterprise subject matter expert on transmission development opportunities, competitive solicitation processes, partnership structures, merchant transmission opportunities, and market-based investment approaches.
- Lead the execution of Exelon's transmission development and investment priorities, aligning capital deployment with regulatory, market, and policy developments.
- Identify, evaluate, and prioritize transmission development opportunities that support system reliability, renewable integration, load growth, and long-term enterprise value creation.
Origination, Commercial & Financial Oversight
- Direct all aspects of transmission project origination, including business case development, commercial structuring, financial feasibility analysis, and risk assessment.
- Originate various partnerships and develop deal structures with strategic partners in transmission development
- Oversee commercial, financial, and strategic due diligence for competitive bids, merchant projects, and partnership opportunities.
- Establish budgets, investment thresholds, and financial performance metrics in coordination with Finance, Accounting, and senior leadership.
- Ensure completed bids are submitted throughout various competitive solicitations
Leadership of Transmission Development Organization
- Lead, coach, and develop a high-performing transmission development team, fostering strong technical, commercial, and leadership capabilities.
- Set clear priorities, performance expectations, and development plans aligned with enterprise objectives.
- Provide organizational leadership across PJM and neighboring regions, ensuring consistent execution, governance, and decision-making.
Cross-Functional Execution & Governance
- Assemble and lead cross-functional teams through competitive proposal development, merchant project evaluation, and partnership negotiations.
- Coordinate closely with Engineering, Legal, Regulatory, Finance, Accounting, Environmental, Real Estate, and external consultants to ensure disciplined execution.
- Drive key decisions during bid preparation, development, and submission, ensuring adherence to governance, risk management, and compliance standards.
Policy, Market & Regulatory Engagement
- Lead Exelon's engagement on transmission-related policy and market design matters, particularly in PJM and other relevant regions.
- Provide enterprise-level assessment of FERC, federal, and state policy developments and their impact on transmission development and investment opportunities.
- Represent Exelon in engagements with FERC, PJM, MISO, Oceantic Network, trade associations, ad-hoc coalitions, and other industry forums.
Executive & Board Engagement
- Prepare and deliver high-impact presentations and updates to senior executives, the Executive Committee, and the Board of Directors.
- Support CEO- and Board-level discussions, including Board Strategy Retreats, on transmission development opportunities, risks, and market dynamics.
- Act as a trusted advisor to executive leadership on emerging transmission development trends and opportunities.
Stakeholder & Partner Relationship Management
- Develop and maintain strong relationships with internal stakeholders, regulators, utilities, developers, investors, and strategic partners.
- Enhance Exelon's external presence and credibility as a leader in transmission development and energy transition initiatives.
Renewable & Offshore Wind Transmission Development
- Oversee offshore wind and renewable-related transmission development initiatives.
- Evaluate emerging technologies, policy frameworks, and development models supporting renewable integration and interregional transmission.
- Drive partnerships and development structures that accelerate renewable transmission solutions.
Job Scope
- Direct the resources and activities of Exelon's Transmission Strategy organization which includes a staff of 16 under the supervision of 2 direct reports.
- Oversee development of strategic initiatives intended to support policy positions, project proposals, and investment opportunities.
Minimum Qualifications
- Bachelor’s degree in Engineering, Business, Finance, Economics, or related field (advanced degree preferred).
- 12+ years of relevant experience in power generation development, utility capital project delivery, energy infrastructure, or regulated utility planning/execution preferred.
- Demonstrated leadership delivering complex, multi-stakeholder infrastructure programs with strong cost/schedule accountability.
- Proven ability to influence across matrix organizations and drive decisions through governance processes.
- Strong executive communication skills - able to simplify complex topics and present options, tradeoffs, and recommendations.
- Competitive Tranmission Solicitation experience in PJM, SPP, and MISO
- Tranmission Bid Proposal Experience
- Experience in developing contracts and partnership agreements
Preferred Qualifications
- Master's degree in Engineering, Business Administration, JD, or related field.
- 12 years of experience managing in the energy business.
- Demonstrated understanding of transmission operations, wholesale electric markets, and appropriate regulations.
- Demonstrated knowledge and understanding of FERC, NERC, PJM, and their respective impacts to the transmission business.
Benefits
- Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $184,000.00/Yr. – $253,000.00/Yr. plus an additional $50K in Long Term Incentive Plan annually
- Annual Bonus for eligible positions: 30%
- 401(k) match and annual company contribution
- Medical, dental and vision insurance
- Life and disability insurance
- Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
- Employee Assistance Program and resources for mental and emotional support
- Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
- Referral bonus program
- And much more
Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.
Enterprise Transmission Development & Investment Leadership
- Serve as Exelon's enterprise subject matter expert on transmission development opportunities, competitive solicitation processes, partnership structures, merchant transmission opportunities, and market-based investment approaches.
- Lead the execution of Exelon's transmission development and investment priorities, aligning capital deployment with regulatory, market, and policy developments.
- Identify, evaluate, and prioritize transmission development opportunities that support system reliability, renewable integration, load growth, and long-term enterprise value creation.
Origination, Commercial & Financial Oversight
- Direct all aspects of transmission project origination, including business case development, commercial structuring, financial feasibility analysis, and risk assessment.
- Originate various partnerships and develop deal structures with strategic partners in transmission development
- Oversee commercial, financial, and strategic due diligence for competitive bids, merchant projects, and partnership opportunities.
- Establish budgets, investment thresholds, and financial performance metrics in coordination with Finance, Accounting, and senior leadership.
- Ensure completed bids are submitted throughout various competitive solicitations
Leadership of Transmission Development Organization
- Lead, coach, and develop a high-performing transmission development team, fostering strong technical, commercial, and leadership capabilities.
- Set clear priorities, performance expectations, and development plans aligned with enterprise objectives.
- Provide organizational leadership across PJM and neighboring regions, ensuring consistent execution, governance, and decision-making.
Cross-Functional Execution & Governance
- Assemble and lead cross-functional teams through competitive proposal development, merchant project evaluation, and partnership negotiations.
- Coordinate closely with Engineering, Legal, Regulatory, Finance, Accounting, Environmental, Real Estate, and external consultants to ensure disciplined execution.
- Drive key decisions during bid preparation, development, and submission, ensuring adherence to governance, risk management, and compliance standards.
Policy, Market & Regulatory Engagement
- Lead Exelon's engagement on transmission-related policy and market design matters, particularly in PJM and other relevant regions.
- Provide enterprise-level assessment of FERC, federal, and state policy developments and their impact on transmission development and investment opportunities.
- Represent Exelon in engagements with FERC, PJM, MISO, Oceantic Network, trade associations, ad-hoc coalitions, and other industry forums.
Executive & Board Engagement
- Prepare and deliver high-impact presentations and updates to senior executives, the Executive Committee, and the Board of Directors.
- Support CEO- and Board-level discussions, including Board Strategy Retreats, on transmission development opportunities, risks, and market dynamics.
- Act as a trusted advisor to executive leadership on emerging transmission development trends and opportunities.
Stakeholder & Partner Relationship Management
- Develop and maintain strong relationships with internal stakeholders, regulators, utilities, developers, investors, and strategic partners.
- Enhance Exelon's external presence and credibility as a leader in transmission development and energy transition initiatives.
Renewable & Offshore Wind Transmission Development
- Oversee offshore wind and renewable-related transmission development initiatives.
- Evaluate emerging technologies, policy frameworks, and development models supporting renewable integration and interregional transmission.
- Drive partnerships and development structures that accelerate renewable transmission solutions.
- Bachelor’s degree in Engineering, Business, Finance, Economics, or related field (advanced degree preferred).
- 12+ years of relevant experience in power generation development, utility capital project delivery, energy infrastructure, or regulated utility planning/execution preferred.
- Demonstrated leadership delivering complex, multi-stakeholder infrastructure programs with strong cost/schedule accountability.
- Proven ability to influence across matrix organizations and drive decisions through governance processes.
- Strong executive communication skills - able to simplify complex topics and present options, tradeoffs, and recommendations.
- Competitive Tranmission Solicitation experience in PJM, SPP, and MISO
- Tranmission Bid Proposal Experience
- Experience in developing contracts and partnership agreements
