Executive Team
Our executive team has the right mix of expertise from the energy industry and from competitive businesses. Some have a deep knowledge of the energy sector that comes from being members of our team and working in the industry before we restructured as a holding company and became Constellation Energy in 1999. Others with competitive business experience joined us after our strategic decision in 2001 to build a business that would become the leader in competitive energy markets. That combination results in excellent execution of our strategy. Our success-near-term performance with a long-term focus-is a hallmark of our executive team.
INTERESTS ALIGNED WITH SHAREHOLDERS
In 2004, we adopted share ownership guidelines to further align the interests of our executives with the interests of our shareholders. The new guidelines require our executives to acquire and maintain holdings of Constellation Energy stock ranging from three times base salary for senior vice presidents to seven times base salary for our CEO.
