Thursday July 10, 2003

Nine Mile Has New Vice President in Charge of Nuclear Plants

New Constellation executive replaces longtime plant manager.

    Constellation Energy Group announced that Peter Katz has been named senior vice president of the Constellation Generation Group (CGG) with responsibility for the Nine Mile Point Nuclear Station in Scriba.

    Katz will assume overall executive responsibilities for Nine Mile Point from John T. Conway who recently announced his decision to step down as site vice president. Constellation Energy owns 100 percent of the Unit 1 reactor and 82 percent of Unit 2. The Long Island Power Authority owns the remaining 18 percent of Unit 2.

    Katz began his career with Baltimore Gas and Electric Company in 1969 as an associate engineer. He has worked for 34 years in various management and leadership positions, including manager of Nuclear Engineering, plant general manager of Calvert Cliffs Nuclear Power Plant (CCNPP) and most recently site vice president of CCNPP. He holds a bachelor's degree in electrical power engineering from the Rensselaer Polytechnic Institute and a master's degree in environmental engineering from Johns Hopkins University.

    Replacing Katz as CCNPP site vice president will be CGG Vice President Asset Optimization George Vanderheyden. Vanderheyden recently joined Constellation Energy after a 23-year career with Exelon. Katz and Vanderheyden will report directly to CGG President and Chief Nuclear Officer Michael J. Wallace.

    Vanderheyden began his career with Commonwealth Edison in 1980 as a non-licensed station and operator laborer. Over the course of his career, he has held various leadership positions, including training manager, systems engineering manager, operations manager, corporate chief engineer, Generation Support vice president of Exelon Nuclear, and most recently as Exelon's vice president of Operations Support, Mid-Atlantic Region. Vanderheyden holds a bachelor's degree in nuclear engineering technology from Northern Illinois University.

    "I am confident that Pete and George will leverage their extensive experiences to take both Calvert Cliffs and Nine Mile Point to new levels of performance," Mr. Wallace said. "We remain committed to continued investment in both of our nuclear plants, our employees and the communities where we operate."

    A Fortune 500 company based in Baltimore, Constellation Energy Group is the nation's leading competitive supplier of electricity to large commercial and industrial customers. It markets energy nationally and manages the associated risks. It owns and operates a diversified fleet of generation plants throughout the United States.

    The company also delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. In 2002, the combined revenues of the integrated energy company totaled $4.7 billion.