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GWENDOLYN S. KING, COMMISSIONER, SOCIAL SECURITY ADMINISTRATION, ELECTED PECO SENIOR VICE PRESIDENT, CORPORATE AND PUBLIC AFFAIRS

 GWENDOLYN S. KING, COMMISSIONER, SOCIAL SECURITY ADMINISTRATION,
 ELECTED PECO SENIOR VICE PRESIDENT, CORPORATE AND PUBLIC AFFAIRS
 PHILADELPHIA, Sept. 8 /PRNewswire/ -- Philadelphia Electric Company (PECO) (NYSE: PE) announced today that Gwendolyn S. King, commissioner, U.S. Social Security Administration, has been elected to the position of senior vice president, Corporate and Public Affairs, effective Oct. 1, 1992.
 King is a veteran of White House, Capitol Hill and Federal Government service, and she directed Pennsylvania's first full-time Washington office for six years.
 She was sworn in as the 11th commissioner of the Social Security Administration in August, 1989, after having been nominated by President Bush and confirmed by the Senate.
 In that role, she administers the nation's Social Security programs, which provide monthly income to more than 44 million people at an annual cost of $310 billion. The Social Security Administration has 65,000 employees and an annual operating budget of $4.5 billion.
 At PECO, King will have a broad range of responsibilities, including governmental relations, the development and implementation of the Company's public policy positions, and direct contact with the public, business community and media.
 Joseph F. Paquette, Jr., PECO chairman and chief executive officer, said in announcing the election, "PECO is very fortunate to attract someone with such an outstanding background to this very important position. King's experience in administration and management in the public and private sectors will greatly enhance our senior management team as we face the challenges of the 1990s and beyond."
 In 1971, King began her government service with the U.S. Department of Health, Education and Welfare, where her duties included coordinating health policy matters for then-Secretary Caspar Weinberger.
 In 1976, she became director of the newly-established Division of Consumer Complaints at the U.S. Department of Housing and Urban Development.
 In 1978, King became active in Pennsylvania governmental affairs, when she served as legislative assistant to the late U.S. Sen. John Heinz, advising him on aging, education, health, human rights and environmental issues. In 1979, she was appointed by then Pennsylvania Gov. Dick Thornburgh to direct the commonwealth's first full-time office in Washington, D.C., a cabinet level position she held until 1986.
 From 1986 to 1988, King served as deputy assistant to President Reagan and director of the Office of Intergovernmental Affairs at the White House. In that capacity, she had the primary responsibility of keeping White House lines of communication open to the nation's governors, mayors and state legislators.
 While on Reagan's staff, King was appointed to the additional posts of commissioner, Advisory Commission on Intergovernmental Relations; member, Interagency Committee on Women's Business Enterprise, and director, White House Task Force on Puerto Rico. She was also nominated by the President to serve on the board for International Food and Agriculture Development.
 Before accepting the nation's top Social Security post, King had worked since April 1988, as executive vice president of the Washington firm of Gogol & Associates, where she served as a representative of state and municipal governments in health, education, transportation and environmental matters.
 King is a cum laude graduate of Howard University and has done graduate study in public administration at George Washington University.
 Her many awards include honorary doctorates of Humane Letters, in 1992, and Public Service, in 1990, from the University of New Haven and the University of Maryland, Baltimore County, respectively; the 1990 Drum Major for Justice Award from the Southern Christian Leadership Conference, the 1990 Denver Urban League Special Recognition Award, and the 1991 Howard University Alumni Award for Postgraduate Achievement.
 King, who began her career as a school teacher, was born in East Orange, N.J. She and her husband, Colbert King, have three adult children. The oldest, Rob King, is graphics editor and cartoonist for the Courier Post in Camden, N.J.
 At PECO, King replaces Nicholas DeBenedictis, who left the Company July 1 to become president and chief executive officer of Philadelphia Suburban Corporation.
 /delval/
 -0- 9/8/92
 /CONTACT: Neil McDermott of Philadelphia Electric, 215-841-4122/
 (PE) CO: Philadelphia Electric Company ST: Pennsylvania IN: UTI SU: PER


MJ -- PH018 -- 6977 09/08/92 11:42 EDT
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Date:Sep 8, 1992
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