Exelon Corporation, U.S. Army Partner to Create Job Opportunities for Veterans

CHICAGO & WASHINGTON–(BUSINESS WIRE)–In an effort to help young Army soldiers get good jobs after they

complete their military service, Exelon Corporation and the U.S. Army

yesterday signed an agreement to partner in the Army Partnership for

Youth Success (PaYS) program at a ceremony at the Pritzker Military

Library.

“The problem of veteran unemployment is real, and employers are well

served to consider job candidates who have military experience,” said

Christopher M. Crane, Exelon’s president and CEO, who addressed Army

representatives and Exelon veteran employees at the ceremony. “For

Exelon, hiring qualified veterans makes good business sense, because

they often leave the military with the right skills and values to

succeed in our business.”

Under the PaYS program, the U.S. Army forms strategic partnerships with

U.S. corporations and public sector agencies to help the Army attract

talented young recruits who want to serve their country and to help

ensure their future career success when their service is complete.

“This PaYS signing between Exelon and the Army is a great partnership

ensuring that Soldiers are not only provided for while serving this

great Nation of ours, but also while they return to the communities that

they came from,” said Lt. Col. Robert Kaderavek, who represented the

U.S. Army at the signing ceremony.

Enlistees who participate in the PaYS program gain specific job training

and qualifications during their military service to help prepare them

for post-military careers. By signing on as a PaYS partner, Exelon has

committed to considering qualified program participants for future

positions with the company.

“We believe that a diverse and inclusive workforce makes our decision

making smarter and our business stronger, and veterans bring experience

and perspectives that add to that diversity,” Crane said. “We look

forward to considering individuals with Army experience for positions at

Exelon as they transition into civilian life.”

The PaYS partnership is the latest addition to Exelon’s strategy to

recruit, hire and develop military veterans. The company hired nearly

200 veterans in 2012 and approximately 170 in the first seven months of

2013, and regularly recruits at military-specific career fairs. Exelon

also committed to making military personnel more than 10 percent of its

new hires over two years when it joined First Lady Michelle Obama’s

Joining Forces initiative in August 2012 – a goal Exelon has exceeded so

far.

In 2009, the company established Exelon Militaries Actively Connected

(EMAC), an employee-led resource group for veterans, military supporters

and employees in reserve units. EMAC is Exelon’s fastest-growing

employee group with more than 600 members in Chicago, Baltimore and

Philadelphia.

Exelon Corporation (NYSE: EXC) is the nation’s leading

competitive energy provider, with 2012 revenues of approximately $23.5

billion. Headquartered in Chicago, Exelon has operations and business

activities in 47 states, the District of Columbia and Canada. Exelon is

one of the largest competitive U.S. power generators, with approximately

35,000 megawatts of owned capacity comprising one of the nation’s

cleanest and lowest-cost power generation fleets. The company’s

Constellation business unit provides energy products and services to

approximately 100,000 business and public sector customers and

approximately 1 million residential customers. Exelon’s utilities

deliver electricity and natural gas to more than 6.6 million customers

in central Maryland (BGE), northern Illinois (ComEd) and southeastern

Pennsylvania (PECO).

Army PaYS is a strategic partnership program between the Army and

a cross section of U.S. corporations and public sector agencies. The

program was developed to help the Army attract, train and deploy

talented young people who want to serve their country, but also want to

help secure their future success once their Army service is complete.

Employers that sign as corporate partners in PaYS agree to consider

appropriately qualified soldiers leaving Army service for positions at

those companies. Under terms of the agreement between USAREC and its

PaYS partners, enlistees interested in gaining specific job training and

qualifications will receive that training while in the U.S. Army.

Participation by the company, soldier and Army is secured with an

agreement that gives the Soldier priority consideration in the

employment process. However, the company reserves the right to determine

whether to ultimately hire the PaYS soldier. For more information, visit http://armypays.com.