Anne Pramaggiore
Anne Pramaggiore | |
|---|---|
| Personal details | |
| Education | Miami University (BFA) DePaul University (JD) |
Anne Rita Pramaggiore[1] is an American business executive. She served as senior executive vice president and CEO of Exelon Utilities, which oversees energy company Exelon Corporation's six gas and electric utility companies.[2] Notably, she also served as the first female president and CEO of ComEd, one of Exelon's subsidiaries. In this role, Pramaggiore oversaw the modernization of the Chicago electric grid, and became the national leader on grid modernization and SmartGrid technology[3] Since the completion of the SmartGrid modernization in the Chicagoland area, the frequency of outages for ComEd customers has improved by 50%, and saved customers $4.3 billion in outage-related costs.[4]
Pramaggiore was also a notable Chicago civic leader for over a decade, serving on the boards of the Art Institute of Chicago, DePaul University, The Lincoln Park Zoo, the Chicago Urban League, and as chairwoman of the board of directors for the Federal Reserve Bank of Chicago.[5]
In 2014, Crain's Chicago Business named Pramaggiore the 5th most powerful woman in Chicago as CEO of Commonwealth Edison.[6]
In October 2019, she announced her retirement amid a federal probe into ComEd's efforts to bribe the former Speaker of the Illinois House.[7] Pramaggiore was indicted in November 2020[8] on nine counts of conspiracy, bribery and willfully falsifying ComEd's books and records. She was convicted on all charges in May 2023.[9] In March 2025, a federal judge vacated and dismissed four of these counts, including the entirety of the bribery conviction.[10] However, she was sentenced in July 2025 to two years imprisonment for the remaining charges of which she was convicted.[11] On January 12, 2026, Pramaggiore reported to federal correctional institution in Florida.[12] In April 2026, however, Pramggiore was released on bail, with a new trial also ordered.[13][14]
Early life and education
[edit]Anne Pramaggiore was born on August 9, 1958, to Alfred Pramaggiore and Jeanne Lacy Pramaggiore, and grew up in Dayton, Ohio.[15] Alfred Pramaggiore was born in Brooklyn, New York, to parents who emigrated from Italy. After graduating from City College of New York, Alfred pursued a career as a civil engineer.[16] Jeanne Lacy Pramaggiore was a girl scout leader who later worked on political campaigns. She also served as a president of the Ohio Genealogical Society.[17]
Pramaggiore graduated from Miami University in Oxford, Ohio in 1980 with a bachelor's degree in theater.[18] She later attended DePaul University College of Law and served as the editor-in-chief of the school's Law Review. She earned her Juris Doctor degree in 1989.[18]
Career
[edit]While still living in Ohio, Pramaggiore completed the management training program at Elder Beerman Department Store.[19] She went on to become an assistant department manager at the store and then became a buyer for Snyder's Department Store in Louisville, Kentucky.[20][17][19]
After attending law school, Pramaggiore took a position as a clerk in the U.S. District Court for the Northern District of Illinois under Judge Charles P. Kocoras. She considered Judge Kocoras a 'significant mentor.'[21] She clerked from 1989 to 1990. She next became an associate and eventually a partner at the law firm of McDermott Will & Emery, remaining there until 1998.[17]
Commonwealth Edison
[edit]Pramaggiore joined Commonwealth Edison (ComEd) as an attorney focused on deregulation and was named senior vice president at the utility in 2006. She was promoted to president and CEO of the utility in February 2012.[22] She was the first female to hold the post of president and CEO at the electric utility. Known as ComEd, the company delivers electricity to more than four million customers in Chicago and Northern Illinois.[19]
At ComEd, Pramaggiore set the legislative framework for the company's smart grid build out, which has become a national model.[23] The legislation allowed ComEd to build the nation’s first neighborhood “microgrid,” that can monitor energy flow and quickly alert the company about outages.[24][25]Under her leadership, ComEd "worked closely with the community solar industry" to implement a 2016 law called the Future Energy Jobs Act which created incentives for using more energy from solar and other renewable sources.[26]
Exelon Utilities
[edit]In May 2018, Pramaggiore was named senior executive vice president and CEO of Exelon Utilities, where she oversaw ComEd and five other gas and electric utility companies.[27]
Federal criminal charges
[edit]In October 2019, Pramaggiore resigned her position as Exelon CEO amidst a federal investigation into ComEd's lobbying activities.[28] On November 18, 2020, Pramaggiore and three others were indicted on charges of bribery conspiracy, bribery and falsifying business records. The four were accused of illegally influencing and rewarding Michael Madigan, former long-time speaker of the Illinois House of Representatives.[29] Madigan was charged in a separate indictment and awaits trial.[30]
On May 2, 2023, Pramaggiore and her co-defendants were found guilty on all charges. In July 2023, her license to practice law in Illinois was suspended due to her criminal convictions.[31] In 2025, a federal judge vacated and dismissed four of these counts, including the entirety of the bribery conviction.[32]
Sentence
[edit]On July 21, 2025, Pramaggiore was sentenced to two years in prison and a $750,000 fine.[33] However, Pramaggiore did not report to prison by the initially scheduled date of December 1, 2025, due to medical reasons.[34] Her prison report date was later rescheduled for January 12, 2026.[34] On January 12, 2026, Pramaggiore reported to a minimum security federal prison camp in Marianna, Florida.[35]
Release and re-trial order
[edit]On April 14, 2026, the Chicago-based 7th Circuit Court of Appeals ordered for Pramaggiore and "ComEd Four" co-defendant Michael McClain to be released from prison on bail, and also undergo a new trial.[36][14] On April 15, 2026, Pramaggiore, as well as McClain, were officially released from prison.[13] As condition for her release, Pramaggiore, like McClain, is required to report to pretrial services in the Northern District of Illinois.[37]
References
[edit]- ↑ "Office of the Pardon Attorney | Search for a Case | United States Department of Justice". 25 May 2017.
- ↑ "ComEd names new CEO as Anne Pramaggiore takes role at Exelon". chicagotribune.com. Retrieved 2018-05-24.
- ↑ O’Shea, Bridget (21 January 2012). "ComEd's Smart Grid Begins with a promise for the Future". www.nytimes.com/. Retrieved 2025-11-16.
- ↑ "ComEd No. 1 in U.S. in Providing Reliable Electric Service to Customers, Benchmarking Shows". www.businesswire.com/. Retrieved 2025-11-16.
- ↑ Narcissé, Danielle (20 July 2018). "Most powerful women 2018". www.chicagobusiness.com/. Retrieved 2025-11-16.
- ↑ "The 20 most powerful women in Chicago business 2014". Crain's Chicago Business. Retrieved 11 January 2026.
- ↑ Meisner, Jason; Long, Ray (16 October 2019). "Exelon Utilities CEO Anne Pramaggiore abruptly retires amid federal probe into Illinois lobbying". chicagotribune.com. Retrieved 2020-06-05.
- ↑ "Former Commonwealth Edison Executives and Consultants Charged With Conspiring to Corruptly Influence and Reward State of Illinois Official". Justice.gov. 2020-11-18.
- ↑ "Former Commonwealth Edison Executives and Associates Found Guilty of Conspiring To Influence and Reward Former Illinois House Speaker". 2023-05-02.
- ↑ "Judge tosses 4 of 9 counts in ComEd bribery case in wake of Supreme Court ruling". 3 March 2025.
- ↑ Tye, Chris; Tenenbaum, Sara (July 24, 2025). "Former ComEd CEO Anne Pramaggiore sentenced to 2 years for bribery charges linked to Michael Madigan". CBS News Chicago. Retrieved December 31, 2025.
- ↑ Masterson, Matt (January 13, 2026). "Ex-ComEd CEO Anne Pramaggiore Begins Prison Sentence in Madigan Bribery Conspiracy Case". WTTW. Retrieved January 14, 2026.
- 1 2 Meisner, Jason (April 15, 2026). "Former ComED CEO, company lobbyist walk free day after Chicago appeals court ruling". Chicago Tribune. Retrieved April 17, 2026.
- 1 2 Cauguiran, Cate (April 14, 2026). "2 members of 'ComEd Four' ordered released on bail, will get new trials: court docs". ABC 7 Chicago. Retrieved April 17, 2026.
- ↑ "What is ComEd CEO Anne Pramaggiore's Biggest Challenge?". Retrieved 2018-05-24.
- ↑ "Obituary for Alfred Pramaggiore - Dayton, Oh, OH". www.memorialsolutions.com. Retrieved 2018-05-24.
- 1 2 3 Pramaggiore, Anne R. (2012-07-07). "Anne Pramaggiore of ComEd, and an Eclectic Career Path". The New York Times. ISSN 0362-4331. Retrieved 2018-05-24.
- 1 2 "In The Spotlight: Anne Pramaggiore '80 - College of Creative Arts - Miami University". www.miamioh.edu. Retrieved 2018-05-24.
- 1 2 3 "ComEd's president charged with bringing change to utility". tribunedigital-chicagotribune. Retrieved 2018-05-24.[dead link]
- ↑ "Anne Pramaggiore | Women Worth Watching". www.womenworthwatching.com. Retrieved 2018-05-24.
- ↑ "Women in Business Q&A: Anne Pramaggiore, CEO, ComEd". HuffPost UK. 2016-02-16. Retrieved 2018-05-24.
- ↑ "Anne R. Pramaggiore: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2018-05-24.
- ↑ "Smart Electric Power Alliance". SEPA. Retrieved 2018-05-24.[permanent dead link]
- ↑ O’Shea, Bridget; O’Shea, James (21 January 2012). "A Smart Power Grid Begins With a Promise for the Future". New York Times. Retrieved 14 January 2026.
- ↑ St. John, Jeff (9 February 2022). "The country's first neighborhood microgrid is coming online in Chicago". Canary Media. Retrieved 4 January 2026.
- ↑ "Illinois energy reform set to shape new solar business models for utilities". Utility Dive. Retrieved 2018-05-24.
- ↑ "Exelon names key executives to new posts". Dispatch-Argus-QCOnline. Retrieved 2018-05-24.
- ↑ "Exelon Utilities CEO Anne Pramaggiore abruptly retires amid federal probe into Illinois lobbying". Chicago Tribune. 16 October 2019. Retrieved 2023-05-15.
- ↑ "Lisa Madigan defends dad's post". Chicago Sun-Times. 2002-09-21. Archived from the original on 2012-10-22. Retrieved 2008-11-09.
- ↑ "Ex-House Speaker Michael Madigan, long the state's most powerful pol, indicted on federal racketeering charges". Chicago Tribune. 2 March 2022.
- ↑ "Two ComEd defendants are stripped of their ability to practice law in Illinois". WBEZ Chicago. 2023-07-17. Retrieved 2023-07-18.
- ↑ "Judge tosses 4 of 9 counts in ComEd bribery case in wake of Supreme Court ruling". 3 March 2025.
- ↑ Meisel, Hannah (July 21, 2025). "Former ComEd CEO sentenced to 2 years for bribery scheme targeted at Madigan". Capital News Illinois. Retrieved December 31, 2025.
- 1 2 Heather, Kade (December 31, 2025). "Blagojevich seeks ex-ComEd CEO's clemency from bribery scheme conviction". Chicago Sun-Times. Retrieved December 31, 2025.
- ↑ "Ex-ComEd CEO convicted in scheme to bribe Madigan joins ontime colleagues in federal prison". Chicago Tribune. January 13, 2026. Retrieved January 14, 2026.
- ↑ Harrington, Adam; De Mar, Megan (April 14, 2026). "Former ComEd CEO, lobbyist to be released from prison, granted new trial". CBS News Chicago. Retrieved April 17, 2026.
- ↑ Masterson, Matt (April 14, 2026). "Pair Convicted in 'ComEd Four' Conspiracy Case To Be Released From Prison as Court Set To Order New Trial". WTTW. Retrieved April 17, 2026.