Constellation Energy Corporation (CEG), an energy producer and supplier, said on Friday that it has appointed Shane Smith, Senior Vice President, Treasury and Credit, as Chief Financial Officer.
Subsequently, Dan Eggers, current CFO, has been promoted to the role of Senior Executive Vice President, Finance and Data Economy.
These senior leadership changes are part of the company's preparations ahead of its previously announced acquisition of Calpine Corporation (CPN).
These management changes are effective upon completion of Constellation's deal with Calpine, which is expected to close in the fourth quarter of 2025.
As announced on January 10, Constellation Energy will acquire Calpine for around $16.4 billion in cash and stock.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.