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updated: 2/17/2017 8:52 AM

Exelon makes Fortune's 'most admired' list

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Business Wire

CHICAGO -- Exelon was named one of Fortune's 2017 World's Most Admired Companies, marking the 11th consecutive year that the company has made the list.

Exelon ranked well for its quality of products and services, social responsibility and people management.

"This distinction reflects our continued operational and financial progress in 2016, with all of our utilities achieving best-on-record or best-in-class operating performance on metrics, including service reliability and customer satisfaction," said Chris Crane, president and CEO of Exelon. "As a result of our continued growth and investment to create a clean, affordable, next-generation energy grid we became the only company in our sector listed on the Fortune 100. Credit for our continued success belongs to our 34,000 employees and their dedication to providing clean, safe, reliable energy nationwide."

The Most Admired list has served as a report card on corporate reputations since its founding in 1997. To determine the annual ranking, Fortune and partner Korn Ferry Hay Group survey financial analysts and leaders from non-U.S. companies in Fortune's Global 500 that have revenues of $10 billion or more and the 1,000 largest U.S. companies to identify the businesses that enjoy the highest standings within their industries. Korn Ferry Hay Group asks executives, directors and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent.

Exelon's merger with Pepco Holdings in March made it the largest company by revenue in the utility sector and the largest utility in the United States by customer count.