Former Pennsylvania Gov. Tom Ridge is stepping down from the boards of Exelon and Peco Energy to pursue a business opportunity with PricewaterhouseCoopers .

The companies disclosed the change late Friday in a joint filing with the Securities and Exchange Commission. PwC serves as independent accountant for Exelon and Peco.

Ridge, for his part, leaves a hole on two of Exelon's board committees: Energy Delivery Oversight and Risk Oversight. Peco is one of three Exelon utility subsidiaries and key to its long-term growth strategy.

The article Former Pa. Gov. Ridge Resigns From Exelon, Peco Energy Boards originally appeared on Fool.com.

Fool contributor Tim Beyers is a member of the  Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's Web home and portfolio holdings, or connect with him on Google+Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends Exelon. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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