Pepco Holdings / POM
Pepco linemen upgrade a power line at 49th PL and Fitch Pl., NE. (Photo: James M. Thresher / The Washington Post)
About Pepco Holdings
701 Ninth St. NW, Washington, D.C. 20068
www.pepcoholdings.com
| 202-872-2000
| Founded: 1896
Industry: Energy | Category: Public Companies
With an eye toward possible climate-related legislation and the rising cost of energy, Pepco — which delivers electricity to customers in the District and parts of Maryland, Virginia and New Jersey — has embraced proposals that would spur energy efficiency. It now backs a plan that would give it incentives to reduce its customers' energy use, and it wants to install meters that give homeowners better ability to manage their power consumption.
Chairman: Dennis R. Wraase
CEO and president: Joseph M. Rigby
2007 Financial Data
Revenues: $9,366,400,000 | Net Income: $334,200,000Asssets: $15,111,000,000 | Earnings Per Share: $1.72
Stockholder Equity: $4,018,400,000 | Annual Dividend: $1.04
Total employees: 5,131 | Local employees: 2,591
Company Leadership
| Jack B. Dunn IV | Director |
| Terence C. Golden | Director |
| Frank O. Heintz | Director |
| Barbara Janet Krumsiek | Director |
| George F. MacCormack | Director |
| Richard B. McGlynn | Director |
| Lawrence C. Nussdorf | Director |
| Frank K. Ross | Director |
| Pauline A. Schneider | Director |
| Lester P. Silverman | Director |
| William T. Torgerson | Vice Chairman and Chief Legal Officer |
| Dennis R. Wraase | Chairman and Chief Executive Officer |
| Dennis R. Wraase | Chairman, President and Chief Executive Officer |
Source: Compensation data provided by Equilar, Inc..
| Dennis R. Wraase Chairman, President and Chief Executive Officer | $9,098,571 Salary: $1,026,941 |
Did You Know
WATTS UP: For the first time in a decade, Pepco recently won rate increases for electricity distribution costs; it had received other rate increases to cover costs tied to the price of fuels.
