Constellation's Cordell Reed Trailblazer Scholarships Honor Pioneering Executives Enduring Legacy

Constellation's Cordell Reed Trailblzer Scholarships Honor Pioneering Executive's Enduring Legacy

Reed broke barriers as a leader of the Illinois nuclear fleet, becoming company's first black Chief Nuclear Officer

BALTIMORE. (Nov. 9, 2022) - Constellation recently awarded academic scholarships to four students pursuing college degrees in the energy industry in honor of pioneering executive Cordell Reed. The Cordell Reed Trailblazer Scholarship is named for Reed, who was the company's first black Chief Nuclear Officer and an influential role model for individuals of color throughout his career. The $5,000 scholarships celebrate Reed's legacy by creating opportunities for young minority students in the communities Constellation serves.

This year's recipients of the Cordell Reed Trailblazer Scholarship are:

• Gideon Boadu of Baltimore, who is attending Howard University in Washington D.C. Gideon is majoring in chemical engineering.

• Demetrius Bosket of Philadelphia, who is attending his hometown Drexel University. Demetrius is majoring in electrical & computer engineering.

• Ayomide Fasogbon of Chicago, who is attending the city's North Park University. Ayomide is majoring in mechanical engineering.

• David Salgado of Chicago, who is attending Moraine Valley Community College in Palos Hills, Ill. David is majoring in cyber security.

Cordell Reed was born in Chicago on March 26, 1938, in a south side housing project. He earned a bachelor's in mechanical engineering from the University of Illinois at Urbana-Champaign before embarking on a successful career. Reed held numerous positions of increasing importance in the company and became an executive in 1975, acting as a public spokesman for the Illinois nuclear plants. Reed was later promoted to senior vice president and served as the company's ethics and chief diversity officer before retiring in 1997. He also served on the boards of numerous non-profits and was a generous contributor to many philanthropic causes. Reed passed away on Dec. 4, 2017.

Cordell Reed

Four Cordell Reed scholarships - two trade school and two traditional college - each in the amount of $5,000 are awarded each year. The Cordell Reed scholarships are open to BIPOC (Black, Indigenous, People of Color) students who are pursuing engineering, technical or energy-related studies and live in one of four states that are home to Constellation nuclear plants: Illinois, Maryland, New York and Pennsylvania.

Constellation has a strong track record of powering communities by making an impact across a range of fronts in the communities it serves and where its employees live and work. Constellation's employees have shown incredible leadership in giving back, and the company is committed to encouraging this culture in current and future employees.

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About Constellation

Constellation Energy Corporation (Nasdaq: CEG) is the nation's largest producer of clean, carbon-free energy and a leading supplier of energy products and services to millions of homes, institutional customers, the public sector, community aggregations and businesses, including three fourths of Fortune 100 companies. Headquartered in Baltimore, our fleet of nuclear, hydro, wind and solar facilities has the generating capacity to power the equivalent of 15 million homes, providing 10 percent of the nation's carbon-free electricity. Our fleet is helping to accelerate the nation's transition to clean energy with more than 32,400 megawatts of capacity and annual output that is nearly 90 percent carbon-free. We have set a goal to achieve 100 percent carbon-free power generation by 2040 by leveraging innovative technology and enhancing our diverse mix of hydro, wind and solar resources paired with the nation's largest nuclear fleet. Follow Constellation on LinkedIn and Twitter.