Unicom Corporation was an American energy holding company formed in 1994 from Commonwealth Edison after executives considered a corporate image makeover. The holding company merged with PECO Energy Company on October 23, 2000 to form Exelon.[1][2]
History
Unicom Corporation was formed in 1994 after energy company Commonwealth Edison executives focused on a corporate image makeover.[1] Unicom's primary subsidiary, Commonwealth Edison, focused on the production, purchase, transmission, distribution, and sale of electricity to residential, commercial, industrial, and wholesale customers.[3] James J. O'Connor was CEO and chairman of the company from 1994 to 1998.