“Constellation is proud to support the National Aquarium in its efforts to educate and connect the community with the Chesapeake Bay and the importance of environmental stewardship,” said Joseph Nigro, Senior Executive Vice President and Chief Financial Officer, Exelon Corporation.
Generous philanthropic funding from Constellation, an Exelon company, supports an array of Aquarium conservation initiatives focused on vital Chesapeake Bay habitat, including hands-on restoration and environmental education through programs such as Terrapins in the Classroom and Wetland Nursery. At the Aquarium, Constellation Conservation Carts placed throughout the exhibit galleries educate and entertain guests through conversations with staff experts and opportunities to engage with animals, examine artifacts and explore interactive iPad programs. Topics include choosing sustainable seafood, mitigating marine debris, reducing your carbon footprint, adopting “enjoy-respect-protect” ethics, and addressing ocean acidification, among others.
By partnering with Constellation and OneEnergy Renewables on a 4.3-megawatt grid-connection solar generator, the National Aquarium now offsets 40 percent of its annual electricity usage by supporting renewable sources, including solar power. The solar farm project is part of a 25-year electric supply agreement with Constellation to help the Aquarium manage utility costs and encourage the development of renewable energy in Maryland. As Exelon Corporation Senior Executive Vice President and Chief Financial Officer Joseph Nigro explains, the partnership between the Aquarium and Constellation not only supports the Aquarium’s business goals, but also aligns with Exelon and Constellation’s “vision of creating a brighter, more sustainable future for the communities we serve.”
In addition to the use of solar technology, the Aquarium’s partnership with Constellation has made it possible to incorporate other best practices in sustainable operations, such as replacing florescent lightbulbs with LED bulbs throughout the Aquarium’s campus.
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As Exelon’s chief financial officer, Joseph is responsible for overseeing the execution of all financial activities including the capital investment process, financial reporting, planning, audit, tax and insurance. He also leads the treasury function in developing and implementing financing plans as well as the investor relations department and is a member of the Exelon Executive and Risk Management Committees.
A 30-year veteran of the energy industry, Joseph served most recently as CEO of Constellation, Exelon’s competitive retail and wholesale businesses. Prior to that, he was Constellation’s senior vice president of portfolio strategy. He joined PECO Power Team in 1996 and rose through the ranks of the trading and marketing organization throughout his tenure. Joseph also serves on the board of trustees for Baltimore’s Living Classrooms Foundation.
Joseph received his bachelor's degree in economics from the University of Connecticut. He also completed the Exelon Leadership Institute Program in 2008 and the University of Chicago Executive Development Program in 2004. Joseph and his wife, Melissa, reside in Baltimore.