UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549
                                    FORM 8-K



                                 CURRENT REPORT


                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934


                                October 14, 2002
                                (Date of earliest
                                 event reported)






Commission File            Name of Registrant; State of Incorporation; Address of       IRS Employer
Number                     Principal Executive Offices; and Telephone Number            Identification Number
---------------------      ---------------------------------------------------------    -------------------------

                                                                                  
1-16169                    EXELON CORPORATION                                           23-2990190
                           (a Pennsylvania corporation)
                           10 South Dearborn Street - 37th Floor
                           P.O. Box 805379
                           Chicago, Illinois 60680-5379
                           (312) 394-7398




Item 5. Other Events

On October 14, 2002, Exelon Corporation issued a news release announcing that
Robert S. Shapard has accepted the position of Executive Vice President and
Chief Financial Officer. Shapard's election as Executive Vice President is
effective on October 21, 2002. He will assume the role of Chief Financial
Officer on or about November 4, 2002. The news release is attached to this
report as Exhibit 99.1.






                                   SIGNATURES




Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.




                                             EXELON CORPORATION

                                             /S/ Ruth Ann M. Gillis
                                             -----------------------------
                                             Ruth Ann M. Gillis
                                             Senior Vice President


October 14, 2002