KEVIN MCGOWAN
Vice President & Treasurer and Chief Risk Officer
Pepco Holdings, Inc.


Kevin McGowan is Vice President & Treasurer and Chief Risk Officer of Pepco Holdings, Inc. (PHI), a regional energy holding company that provides utility service to more than 1.9 million customers. PHI is the parent company of Potomac Electric Power Company, an electric utility serving Washington, D.C., and suburban Maryland; Delmarva Power, an electric and gas utility serving Delaware and the rest of the Delmarva Peninsula; and Atlantic City Electric, an electric utility serving southern New Jersey.

Mr. McGowan is responsible for the treasury, corporate risk and financial planning and analysis activities of PHI, and the management of PHI Investments, a $1.4 billion investment portfolio primarily consisting of leverage lease investments.

Mr. McGowan joined the company in 1998 as Vice-President and Treasurer of Potomac Capital Investments. Since that time, he has held various finance positions within Power Delivery and PHI Corporate.

Prior to joining the company, Mr. McGowan worked for Duty Free International, an international retail company, where he was Director of Treasury, Tax and Financial Analysis and prior to that, worked for Ernst & Young.

Mr. McGowan grew up in San Antonio, Texas. He graduated from the University of Texas at San Antonio receiving a Bachelor of Business Administration degree in both Accounting and Business Data Systems. He also holds a M.B.A. in Finance from the University of Chicago and is a Certified Public Accountant.