BALTIMORE (7/11/16) _ David M. Velazquez, President and CEO of Pepco Holdings, has been named Chair of the Maryland Business Roundtable for Education. Mr. Velazquez was selected by fellow board members at the recent, second quarter MBRT board meeting.
MBRT is a nonprofit coalition of leading employers that have made a long-term commitment to support education reform and improve student achievement in Maryland. Mr. Velazquez will play an integral part in MBRT’s mission to bring the voice of business to support high standards, rigorous assessments and strong accountability in K-12 education, and to demonstrate the connection between achievement in school and success in college and in the workplace.
The MBRT Board selected Nicole A. Funk, Senior Vice President of Booz Allen Hamilton, as Vice Chair.
“It is a privilege to welcome David and Nicole to their new roles on our Board of Directors,” said Brian Dulay, Executive Director of MBRT. “Each has offered essential insights as a general board member in recent years, and we are thrilled to have them in leadership roles as we approach our 25th anniversary. MBRT’s statewide network of partners and all 24 local school districts in Maryland will benefit from their guidance as we serve the needs of students and teachers in our state.”
Mr. Velazquez is responsible for leadership of Pepco Holdings overall performance associated with service reliability, customer satisfaction, financial management, and regulatory and external affairs. Based in Washington, D.C., Pepco Holdings employs more than 4,700 people, owns more than $16.1 billion in assets and generates approximately $4.8 billion in annual revenues. Pepco Holdings is a recently acquired subsidiary of Exelon Corporation, one of the nation’s leading energy services companies. Exelon is headquartered in Chicago and trades on the NYSE under the ticker EXC.
Mr. Velazquez serves on the boards of a number of educational and community organizations in addition to MBRT, such as the Trust for the National Mall, Smithsonian National Zoo Advisory Board, and United Way of the National Capital Area. He is also a board member of Southeastern Electric Exchange, Association of Edison Illuminating Companies and the Greater Washington Board of Trade. He holds a bachelor’s degree in engineering from Widener University. He succeeds Northrop Grumman Chief Operating Officer Gloria Flach, who served as MBRT Board Chair since 2013.