Chrysler CEO Moves On to Exelon
By Timothy Inklebarger
October 9, 2009
Published by Pensions & Investments
Douglas J. Brown was named senior vice president and CIO of Exelon Corp., Chicago, effective Nov. 16.
He was assistant treasurer and CIO of Chrysler Group LLC, Auburn Hills, Mich., where he oversaw about $30 billion in assets, including $20 billion in defined benefit assets.
Mr. Brown succeeds George Shicora , who is retiring. Mr. Brown will lead a team managing $15 billion in assets, including $6.7 billion in DB assets and $2.7 billion in defined contribution assets, as well as post-retirement plans, nuclear decommissioning trusts and non-qualified plans, according to SEC filings.
He will report to William A. Von Hoene Jr., Exelon executive vice president, finance and legal.
Chrysler spokesman Mike Palese said a decision has not been made about Mr. Brown's vacated position.
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