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TheStreet Open House

Kevin C. Fitzgerald Named Executive Vice President And General Counsel For Pepco Holdings, Inc.

Pepco Holdings, Inc. (NYSE: POM), announced the appointment today of Kevin C. Fitzgerald as Executive Vice President and General Counsel of PHI and its utility subsidiaries, reporting to Joseph M. Rigby, Chairman, President and CEO of PHI. Mr. Fitzgerald has more than two decades of legal experience in the utility and energy industries, most recently serving as Executive Partner for Client Development Strategic Planning and a member of the Executive Committee for Troutman Sanders, an international law firm with offices located throughout the United States and China. While at Troutman Sanders, Fitzgerald led the energy group which is a nationally recognized full-service utility and energy practice, encompassing over 100 attorneys and advising Global 500 companies, renewable energy developers, as well as financial institutions and venture capitalists.

Mr. Fitzgerald will take over the General Counsel post from current PHI Senior Vice President and General Counsel, Kirk Emge, who announced he will retire in April 2013, after 26 years with the Company. While Mr. Fitzgerald will assume the role of General Counsel for PHI and its utility subsidiaries effective September 17, 2012, Mr. Emge will remain at PHI until his retirement, transitioning to the role of Senior Vice President and Special Counsel to the CEO.

“We are pleased to welcome Kevin to the executive leadership team as a recognized legal expert within the utility and energy sectors,” said Rigby. “Kevin’s background representing Fortune 500 utility companies, counseling financial institutions and renewable energy developers on solar, wind and other investment opportunities, combined with his extensive regulatory experience at the state and federal level, will reinforce and augment an already strong executive team at PHI.” Rigby went on to state, “We recognize the vital importance of implementing smooth executive transitions and appreciate the many years of outstanding service Kirk has provided to both Pepco and PHI. Kirk has been an important member of the senior leadership team and a key contributor to the execution of our strategic plan.”

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