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Delmarva Power Vice President Elected to Higher Education Board

Thursday, January 10, 2008

The University System of Maryland Foundation elected John J. Allen, Jr., Delmarva Power Vice President, to the organization’s Board of Directors at its recent meeting.

The University System of Maryland Foundation was founded in 1979 as a non-profit corporation separate from the University System of Maryland. The Foundation strengthens the University System of Maryland’s capacity to broaden access to high-quality higher education, meet the workforce needs of the state and nation, and conduct research that expands the boundaries of knowledge. The organization does so through advocacy, fundraising, investment management and stewardship.

The Foundation fills a vital role by attracting and managing philanthropic gifts that help ensure a high level of affordable education at the University System of Maryland institutions.

Allen was nominated by Dr. Thelma B. Thompson, University of Maryland Eastern Shore President, and Gains B. Hawkins, University of Maryland Eastern Shore Vice President of Advancement.

“I am honored to be elected to the Board of Directors of such an important organization,” said Allen. “Education is the key to success in today’s world and the work done by the University System of Maryland Foundation definitely enhances the academic climate in the state.”

In his role as Vice President of Delmarva Power’s Bay Region, Allen is responsible for building and maintaining community, business and government relationships in central and southern Delaware and on the eastern shore of Maryland.

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Delmarva Power, a public utility owned by Pepco Holdings, Inc. (NYSE: POM), provides safe and reliable energy to approximately 478,000 electric delivery customers in Delaware and Maryland and over 118,000 natural gas delivery customers in northern Delaware .