CURRENT REPORT

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

April 2, 2007
Date of Report (Date of earliest event reported)

Commission File
Exact Name of Registrant as Specified in Its Charter; State of Incorporation;
IRS Employer
Number
Address of Principal Executive Offices; and Telephone Number 
Identification Number
 
 
 
1-1839
COMMONWEALTH EDISON COMPANY
36-0938600
 
(an Illinois corporation)
 
 
440 South LaSalle Street
 
 
Chicago, Illinois 60605-1028
 
 
(312) 394-4321
 
 
 
 
000-16844
PECO ENERGY COMPANY
23-0970240
 
(a Pennsylvania corporation)
 
 
2301 Market Street
 
 
Philadelphia, Pennsylvania 19101-8699
 
 
(215) 841-4000
 

 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

£
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
£
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
£
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
£
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
 
Section 5 — Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Effective April 2, 2007, Matthew R. Galvanoni assumed the position of principal accounting officer of Commonwealth Edison Company (ComEd) and John F. Young was elected to the position of principal financial officer of PECO Energy Company (PECO).

* * * * *
 
Forward-Looking Statements
 
This Current Report includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are subject to risks and uncertainties.  The factors that could cause actual results to differ materially from these forward-looking statements include those discussed herein as well as those discussed in (1) ComEd’s and PECO’s 2006 Annual Report on Form 10-K in (a) ITEM 1A. Risk Factors, (b) ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operation and (c) ITEM 8. Financial Statements and Supplementary Data: Note 18; and (2) other factors discussed in filings with the SEC by ComEd and PECO.  Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this Current Report.  ComEd and PECO do not undertake any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this Current Report.
 
 
 
 
 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 

 
 
COMMONWEALTH EDISON COMPANY
 
 
 
 
 
 
 
/s/ Robert K. McDonald
 
 
 
Robert K. McDonald
 
 
 
Senior Vice President, Chief Financial Officer,
 
 
 
Treasurer and Chief Risk Officer
 
 
 
 
 
 
 
 
 
 
 
PECO ENERGY COMPANY
 
 
 
 
 
 
 
/s/ Michael Metzner
 
 
 
Michael Metzner
 
 
 
Vice President and Treasurer
 
April 6, 2007