Who said sex has no place in the power industry? A really strong CEO probably gets that thrill from the work, and John Rowe revealed it today.
At the National Press Club, the Exelon CEO was asked if it was still important to his company, if it wanted to be a national utility, to develop a Texas presence by buying NRG Energy. He'll be 64 next week, he said. "I'm an aging male. Lust is a constant problem."
If the NRG deal doesn't work out, would he be looking at other purchase opportunities? 'I've had a rabid devotion to shareholder value," Rowe said, "and I'll have to learn to keep my lust under control."
About that NRG deal, Rowe said he would sue NRG if its shareholders don't meet soon to consider Exelon's $6 billion hostile takeover bid.
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