Natural Resources >> CEO Interviews >> October 20, 2003
JOHN P. MITOLA, Chief Executive Officer of Electric City Corp., has over
16 years of experience in the energy and environmental industries,
venture capital, commercial real estate development, engineering and
construction. In December 1999, he was elected to the Board of Directors
of Electric City Corp. and was appointed CEO effective January 2, 2000.
Mr. Mitola is also the Chairman of the Board of the Illinois Toll
Highway Authority. Prior to his appointment at Electric City, Mr. Mitola
was a member of Exelon/ComEd in various capacities. He had been with
Exelon Thermal since the company's inception in August 1993 and was most
recently the Vice President and General Manager, where he managed the
company's largest unregulated subsidiary. Since becoming CEO of Electric
City Corp. he has led the company through its initial startup phase for
the past three years. During this time, Electric City has reached annual
sales of $16 million and has grown to over 100 employees. Earlier in his
career at Exelon Thermal, he was the Development Vice President. Mr.
Mitola was responsible for the management of the company's Northwind
partnerships and joint venture developments in Boston, Houston, Las
Vegas and Toronto. During this time, Mr. Mitola raised and deployed over
$400 million in power plant financing. As head of Exelon Thermal, Mr.
Mitola oversaw the company's development of the central energy plant for
the new Midway Airport Terminal in Chicago. Prior to his appointment at
Exelon, Mr. Mitola was Director of New Business Ventures for
Commonwealth Edison. Mr. Mitola received his BS in Engineering from the
University of Illinois at Urbana and Juris Doctor from DePaul
University, College of Law. In 2003, Illinois Governor Rod Blagojevich
appointed Mr. Mitola to Chair the Board of the Illinois Toll Highway
Authority. He is a member of ASHRAE, IDEA, and the Association of Energy
Engineers. His community affiliations include membership in the Union
League Club and the governing board of the Christopher House Board of
Directors. He is also President of the Board of the Chicago Scholarship
Fund and a member of the Board of the Illinois Council Against Handgun
Violence. Mr. Mitola was also previously a member of the Board of Nucon
Corporation, a $40 million, privately held manufacturer of plastic
shipping pallets. Early in 2003, Mr. Mitola co-chaired the Committee on
Regulatory Affairs for Governor Rod Blagojevich's transition team. Profile
Corp. and a picture of things as they are now at the company?
Mr. Mitola: Electric City has been a startup in the power
