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Exelon Appoints David DeWalt to Board of Directors

1. David DeWalt joins Exelon's Board, enhancing its cybersecurity expertise. 2. His appointment may strengthen EXC’s strategic technology initiatives.

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Why Bullish?

The addition of a cybersecurity expert can enhance EXC’s risk management and operational efficiency, similar to past industry cases where tech upgrades resulted in stock growth.

How important is it?

The appointment of a notable figure in cybersecurity signifies a proactive step towards enhancing corporate governance and resilience, important in today's cyber-threat landscape.

Why Long Term?

David DeWalt's expertise will likely take time to translate into strategic advantages that can be reflected in EXC’s performance.

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CHICAGO--(BUSINESS WIRE)--Exelon (Nasdaq: EXC) today announced the appointment of David DeWalt, founder and chief executive officer of cybersecurity and venture capital firm NightDragon, to its Board of Directors effective March 10, 2025. DeWalt, 60, is a global authority on technology, security and safety, and he helmed cybersecurity industry leaders FireEye, Inc., and McAfee, Inc., before founding NightDragon in 2012. In his current role, he advises companies that help secure land, sea, air,.

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