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Pepco replaces chief financial officer
By: The Associated Press | 12 Jun 2009 | 06:07 PM ET
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WASHINGTON - Electricity and natural gas provider Pepco Holdings on Friday replaced its chief financial officer.

The company named Anthony J. Kamerick, 61, to the post, replacing Paul H. Barry, who resigned.

Kamerick previously served as chief regulatory officer of Pepco Holdings. He will continue to be responsible for regulatory matters as CFO but will no longer hold the regulatory title, the company said.

He will also serve as the CFO of subsidiaries Potomac Electric Power Company, Delmarva Power and Light Company and Atlantic City Electric Company.

Kamerick has been an employee of Pepco and its predecessor, Potomac Electric, since 1970.

Barry served as CFO since 2007. His departure was "amicable," said spokesman Bob Hainey. "He wanted to move on and take advantage of some other opportunities."

Pepco shares closed Friday's regular session at $13.53, then lost 13 cents in aftermarket electronic trading after the CFO switch was announced.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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