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Pepco Holdings Executive Karen Lefkowitz Appointed to GridWise Alliance Board of Directors

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WASHINGTON--(BUSINESS WIRE)--

Pepco Holdings, Inc. (PHI), today announced that Karen Lefkowitz, vice president, business transformation, has been appointed to the board of directors of the GridWise Alliance for a two-year term.

Karen Lefkowitz, Vice President, Business Transformation, Pepco Holdings, Inc. (Photo: Business Wire ...

Karen Lefkowitz, Vice President, Business Transformation, Pepco Holdings, Inc. (Photo: Business Wire)

The GridWise Alliance is a coalition of public and private stakeholders that advocates for a smarter grid for the public good. The alliance facilitates the effective collaboration among stakeholders to promote, educate and advocate for the adoption of innovative smart grid solutions. Its membership includes more than 100 utilities, technology companies, telecommunications companies, equipment manufacturers and academia.

“We are very pleased to welcome a recognized industry leader like Karen to our board of directors,” said Bob Shapard, chairman, GridWise Alliance. “GridWise Alliance will benefit greatly from Karen's deep knowledge and extensive experience in the utilities industry.”

An industry veteran with over 30 years of experience, Lefkowitz is responsible for leading PHI's innovative initiatives to implement business processes and advanced technologies designed to help customers better manage their energy use and costs, improve reliability and customer service and support environmentally friendly programs. She is responsible for the mass deployment of advanced metering infrastructure smart meters and enabling the smart grid throughout the PHI service territory.

Lefkowitz currently serves on the board of directors of the Woolly Mammoth Theatre in Washington, D.C., and also served as the executive sponsor for the PHI United Way Campaign.

Lefkowitz received a bachelor's degree in business administration from The George Washington University, and an MBA from Marymount University.

About PHI: Pepco Holdings, Inc. (NYSE: POM) is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 2 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI also provides energy efficiency and renewable energy services through Pepco Energy Services.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50452957&lang=en

Pepco Holdings
Media Contact:
Courtney Nogas, 202-872-2680
canogas@pepcoholdings.com
or
Investor Contact:
Donna Kinzel, 302-429-3004
donna.kinzel@pepcoholdings.com

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