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Constellation Energy Mourns the Passing of Former BGE Chief Executive and Board of Directors Member George V. McGowan

Posted : Mon, 09 Nov 2009 19:41:36 GMT
Author : Constellation Energy
Category : Press Release
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BALTIMORE - (Business Wire) Constellation Energy (NYSE:CEG) mourns the passing of George V. McGowan, a former member of Constellation Energy’s board of directors and chairman and chief executive officer of Baltimore Gas and Electric Company from 1988 to 1993. He was 81 years old.

“George McGowan brought integrity and exceptional leadership to Constellation Energy and BGE over his more than fifty years of service, and we are deeply saddened by his passing,” said Mayo A. Shattuck III, chairman, president and chief executive officer, Constellation Energy. “As a leader of BGE, and later as a member of Constellation Energy’s board of directors, George’s expertise and business acumen proved pivotal at seminal moments in BGE’s history, including the development of the Calvert Cliffs Nuclear Power Plant. Without the foundation laid by his vision, we would not be the successful, growing company we are today. We extend our deepest condolences to his wife, Carol, and the rest of the McGowan family.”

Mr. McGowan, who passed away Thursday, Nov. 5, served as president and chief operating officer of BGE from 1980 to 1987. The following year he was appointed chairman, chief executive officer and a member of the Executive Committee, positions he held until his retirement in 1993. He served on the board of directors for BGE from 1980 to 1999, and was chairman of the Executive Committee for Constellation Energy from May 1999 until his departure from the board in April 2000.

A Baltimore native, Mr. McGowan joined BGE as a bill distributor in 1947. He earned a Bachelor’s degree in mechanical engineering from the University of Maryland in 1951 and went on to hold numerous leadership positions, serving as project manager for the Calvert Cliffs plant from 1967 to 1972, and chief nuclear engineer from 1972 to 1974. He also served as manager - corporate staff services, and vice president - management and staff services, before being named president and chief operating officer in 1980.

Mr. McGowan was active in numerous civic and professional organizations. He served as chairman of the Audit Committee for the United States Energy Association of World Energy Council, and was a member of its Investment Advisory Committee. He also served as chairman of the Baltimore Polytechnic Institute Board of Overseers, the Baltimore Polytechnic Institute Foundation Inc. and Maryland Communications Center, Inc. He was a former director for the National Flag Day Foundation, Pride of Baltimore, Queen Anne’s County Department of Business and Tourism, and was honorary director of Preakness Celebration, Inc.

About Constellation Energy

Constellation Energy (www.constellation.com) is a leading supplier of energy products and services to wholesale and retail electric and natural gas customers. It owns a diversified fleet of generating units located in the United States and Canada, totaling approximately 7,100 megawatts of generating capacity, and is among the leaders pursuing the development of new nuclear plants in the United States. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $19.8 billion in 2008.

Constellation Energy
Media Contacts:
Robert L. Gould
Debra Larsson
410-470-7433
or
Investor Contact:
Carim Khouzami
410-470-6440


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