Pepco CEO to Receive Lifetime of Idealism Award

Dave Velazquez, president and CEO of Pepco Holdings
Dave Velazquez, president and CEO of Pepco Holdings

Dave Velazquez, Pepco Holdings president and CEO, has been tapped to receive the City Year Lifetime of Idealism award at the annual City Year Idealism in Action gala at the Washington Hilton on March 29.

The award, City Year D.C.’s highest honor, is given to leaders who affect the lives of others through a high level of commitment to community service.

“To have a culture of service, I believe that leadership must set the example for employees to follow. This award is bigger than me,” Velazquez said. “It is a testament to just how much the company is engrained into our communities and demonstrates everyday how much we care about those who we serve. “I accept this award not only for my service in the community but also for the amazing works that Pepco has done to be an active corporate citizen for the communities in which we live and work.”

With more than 35 years of service with Pepco Holdings, Velazquez has been instrumental championing a culture of corporate citizenship. Under his leadership, Pepco Holdings raised more than $1.5 million in 2016 for the United Way campaign, completed 1,343 volunteer projects and contributed more than $6 million to fund community grants for programs focused on education, cultural arts and economic engagement.

Velazquez dedicates his time and resources to also serve on the boards of several educational and community organizations, including the Maryland Business Roundtable for Education, Smithsonian Zoo Advisory Board, Emeritus Advisory Board of the American Association of Blacks in Energy, DC Policy Center and United Way of the National Capital Area.

“Dave embodies the values that the City Year Lifetime of Idealism award represents,” said Jeff Franco, vice president and executive director City Year D.C. “Through his years of work on a number of educational issues throughout our region, Dave has shown the positive impact a leader in our community can have on our schools and students. Most importantly, his support for our students provides inspiration to the thousands of Pepco employees who give their time and resources. We’re honored to call him, and Pepco, a partner.”

Peter Meier, vice president of Legal Services at Pepco Holdings, will also be honored with the City Year Idealist of the Year award.

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