Industry & Services >> CEO Interviews >> November 1, 2004
DENNIS R. WRAASE is Chairman of the Board, President and Chief Executive
Officer of Pepco Holdings, Inc., a regional energy holding company
formed as the result of the merger of Potomac Electric Power Company, an
electric utility serving Washington, DC, and suburban Maryland, and
Conectiv, an electric and gas utility serving Delaware and parts of New
Jersey, Maryland and Virginia. Mr. Wraase joined Potomac Electric Power
Company in 1974 and was elected Vice President and Comptroller in 1985.
He was named Senior Vice President and Chief Financial Officer in April
1996, Executive Vice President and CFO in 1999, President in 2000, CEO
in 2003, and Chairman of the Board in 2004. He has been a member of the
Board of Directors since 1998. Prior to joining Potomac Electric Power
Company, Mr. Wraase worked for Exxon Corporation where he held various
financial positions in the Controller's organization. Mr. Wraase was
born in Washington, DC, He graduated from the University of Maryland,
receiving a Bachelor of Science degree in accounting. He also holds a
master of science degree in finance from the George Washington
University and is a Certified Public Accountant. Mr. Wraase is an
Executive Board Member of the National Capital Area Council Boy Scouts
of America. He is a member and serves on the Board of Directors of the
Federal City Council, Edison Electric Institute, Association of Edison
Illuminating Companies, Washington Performing Arts Society, Maryland
Chamber of Commerce, The University of Maryland Foundation, Economic
Club of Washington and the Robert H. Smith School of Business,
University of Maryland - Board of Visitors, and serves as President of
the Southeastern Electric Exchange. Mr. Wraase is also a member of the
Financial Executives Institute and the American Institute of Certified
Public Accountants. Profile
and a picture of the things you're doing at the present time?
Mr. Wraase: This is a company that's relatively new in its
