Mike Kormos, who abruptly resigned in March from his post as PJM executive vice president and chief operations officer, began a job last week as Exelon’s president of wholesale markets and energy policy.

“Mike brings extensive knowledge of the wholesale electricity markets,” said Joe Dominguez, executive vice president of governmental and regulatory affairs and public policy. “His expertise in market innovation and design … will strengthen Exelon’s policy efforts as we continue to advocate for market reforms that will benefit our customers, our communities and our companies.” (See Exelon to Close Quad Cities, Clinton Nuclear Plants.)

Kormos was with PJM for 27 years, and last year he sought to replace retiring CEO Terry Boston. The post went to Andy Ott, who long had been Kormos’ equal on the organizational chart. (See Kormos Marks Quarter Century Mark at PJM.)

At the time of Kormos’ resignation, Ott said his position would not be filled. Ott this month announced organizational changes, assigning Kormos’ duties overseeing the Operations Division to Senior Vice President Stu Bresler. (See Ott Restructures PJM Divisions, Leadership.)

In his new role, Kormos will be in charge of formulating and furthering Exelon’s positions on energy and transmission bulk system policy planning, developing effective wholesale energy markets, overseeing the company’s participation in NERC initiatives and monitoring grid reliability issues, including cybersecurity, the company said.

Kormos, who will report to Dominguez, has served on several boards, including the Eastern Interconnection Planning Collaborative, Reliability First Corp. and Eastern Interconnect Data Sharing Network.

He holds a bachelor’s degree in electrical engineering from Drexel University and earned an MBA from Villanova University.

— Suzanne Herel