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
The energy delivery company has 1.9 million customers in the District, Maryland and New Jersey. Joseph M. Rigby became chief executive March 31, succeeding Dennis R. Wraase, who had held the post since 2003. Beyond its utilities, Pepco has units that trade and generate wholesale energy and sell power to deregulated markets. It spent the most of any company lobbying the Maryland legislature in the year ended in October.
Chairman: Dennis R. Wraase
CEO and president: Joseph M. Rigby
2008 Financial Data
Revenues: $10,700,000,000 | Net Income: $300,000,000Asssets: $16,475,000,000 | Earnings Per Share: $1.47
Stockholder Equity: $4,190,000,000 | Annual Dividend: $1.08
Total employees: 5,474 | Local employees: 2,652
