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    Joseph Dominguez

    President and CEO at Constellation Energy Corp
    Since 2022
    Age
    62 years
    Tenure
    Joined as President and CEO of CEG in 2022 and has since overseen a diverse energy portfolio including nuclear, wind, solar, hydro-electric, and natural gas facilities across 19 states, along with managing one of the nation's top competitive retail and commodities businesses.

    Also at Constellation Energy Corp

    BCH
    Bryan C. Hanson
    EVP and Chief Generation Officer
    DE
    Daniel Eggers
    EVP and CFO
    DD
    David Dardis
    General Counsel and Chief Legal Officer

    About

    Joseph Dominguez serves as the President and Chief Executive Officer of Constellation Energy Corporation (CEG) since 2022. In this role, he is responsible for overseeing a broad carbon-free energy fleet, which includes a mix of nuclear, wind, solar, hydro-electric, and natural gas facilities across 19 states. He also manages a highly competitive retail and commodities business that serves millions of customers, including major Fortune 100 companies.

    Prior to his current role, he held several senior positions within the energy sector, including serving as President and CEO of Exelon Generation Company, LLC (2021–2022) and chief executive roles at ComEd, demonstrating a consistent track record of leadership and strategic business development.

    His early career included key legal roles, having been a partner at White and Williams, LLP and an Assistant U.S. Attorney in the Eastern District of Pennsylvania, which provided him with a solid foundation in regulatory affairs and litigation. Today, at 62 years old, his diverse background combines legal expertise with extensive operational experience in the energy industry.

    $CEG Performance Under Joseph Dominguez

    Past Roles

    OrganizationRoleDate RangeDetails
    Exelon Generation Company, LLC President and Chief Executive Officer Until 2022 Held immediately prior to the separation of Constellation from Exelon
    Exelon Corporation Executive Vice President of Governmental and Regulatory Affairs and Public Policy N/A Led the development and implementation of federal, state, and regional governmental, regulatory, and public policy strategies
    ComEd (subsidiary of Exelon Corporation) Chief Executive Officer N/A Oversaw the safe and reliable delivery of electricity to over four million customers
    White and Williams, LLP Partner N/A Practiced broad-based litigation and advised corporations, institutions, and government entities
    U.S. Attorney's Office (Eastern District of Pennsylvania) Assistant U.S. Attorney N/A Provided legal services for the federal government

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,200,000 AnnualFixed base salary for 2023.
    All Other Compensation$222,942 AnnualBreakdown: Perquisites: $138,396; Reimbursement for Income Taxes: $9,011; Constellation Contributions to Savings Plans: $71,000; Constellation Paid Executive LTD Premiums: $4,535; Other: $0.

    Performance Compensation

    Data from  FY 2023

    Non-Equity Incentive Plan (AIP)

    MetricValueDetails/Citation
    Adjusted EBITDA Weight70%
    Customer Satisfaction Weight10%
    Fleetwide Capacity Factor Weight10%
    Dispatch Match Weight7%
    Renewable Energy Capture Weight3%
    Threshold Performance50% Payout earned only if metric achieved
    Target Performance100%
    Maximum Performance200%
    Target Amount$1,757,973 150% of Base Salary
    Actual Payout$3,309,384 Achieved at 188.25% of target
    Payment DateMarch 15, 2024 Cash-based; award paid in 2024

    Equity Incentive Plan Awards

    ComponentGrant DateGrant Date Fair ValueUnits GrantedVesting SchedulePerformance MetricsPayout Range/Conditions
    PSharesFeb 6, 2023 $6,700,015 at target <br> $13,400,030 at max 80,471 Jan 1, 2023 – Dec 31, 2025 Based on free cash flow before growth; negative modifier based on credit ratings Threshold: 37.5% , Target: 100%, Maximum: 200%
    RSUsFeb 6, 2023 Included in $10,000,025 39,635 Ratable over 3 years Time-based vesting; dividend equivalents reinvested under same conditions N/A