Exelon Corporation announced that Tim Peterson, currently senior vice president, chief information officer and chief technology officer at Xcel Energy, will join Exelon as executive vice president and chief customer and technology officer in February 2026. Peterson will report to Exelon President and CEO Calvin Butler and serve on the company?s Executive Committee. In this newly aligned role, he will lead an enterprise-wide organization that brings together customer strategy and experience with information technology functions.
The combined organization is designed to support Exelon?s long-term strategic vision, integrating the capabilities and systems that service Exelon?s more than 10.7 million customers across five states and the District of Columbia. At Xcel Energy, which serves nearly six million customers across eight states, Peterson led the company?s digital and IT functions supporting the customer and employee experience. He oversaw several major transformation initiatives, including large-scale grid modernization and customer and billing system upgrades.
Prior to joining Xcel, Peterson held chief information officer roles at Optum, Wellmark, and TruStage Financial Group. Peterson holds an MBA from the University of Minnesota and a BBA from the University of Wisconsin. He is also a Certified Information Systems Security Professional (CISSP).
As an active member of the Minneapolis-St. Paul community, Peterson served on the boards of the Science Museum of Minnesota and the Minnesota Technology Association. Effective date: February 2026.
