* Steve Daniels at Crain’s…
Against a backdrop of sexual and workplace harassment in the state capital, one of Illinois’ most politically potent corporations is grappling with a #MeToo moment of its own.
According to internal documents obtained by Crain’s, Chicago-based Exelon determined that David Fein, the company’s senior vice president in charge of state government relations and its most visible executive in Springfield, violated its code of conduct in his interactions with several women at the company. The documents were prepared for separate human resources meetings in May, one with Fein and another with one woman who had complained about his behavior. Crain’s obtained the documents after they were inadvertently distributed electronically to multiple company employees. […]
Fein, 52, is Exelon’s primary senior-executive voice in Springfield and these days is arguing for legislation that would funnel more ratepayer money to Illinois nuclear plants that are struggling financially amid low wholesale power prices. The company has said in Securities & Exchange Commission filings that three power stations—Dresden in Morris, Byron near Rockford and Braidwood in Braceville—are at risk of early closure within the next four years if financial conditions don’t improve or the state doesn’t bail them out. […]
The document called this Fein’s “final warning” and informed him he could be fired for cause if he took a chance that any future overtures would be “welcome.”