Exelon, the Chicago-based, $15.6 billion electric utility, has promoted corporate controller Matthew F. Hilzinger to senior vice president and CFO. Hilzinger, 44, succeeds John Young, who has accepted the CEO position with Energy Futures Holdings (formerly TXU). Hilzinger has served as controller since joining Exelon in 2002. Prior to Energy Futures, he was CFO of Credit Acceptance Corp. and controller at Kmart Corp.JetBlue Airways Corp. has appointed Ed Barnes CFO of the $2.4 billion airline, based in Forest Hills, N.Y. Barnes, 43, was vice president of cost management and financial analysis. By 2007 he was named principal accounting officer and senior vice president of finance. Prior to JetBlue, Barnes served as CFO for Assisted Living Concepts Inc. He worked for Southwest Airline Co. and America West Airlines Inc. in various financial capacities.

Granite Construction Inc., the $3 billion, contractor and construction materials producer, based in Watsonville, Calif., appointed LeAnne M. Stewart CFO. Stewart succeeds William E. Barton, who is retiring after 28 years with the company. Stewart joins Granite from Nash Finch Co., where she most recently served as senior vice president and CFO. Previously, she held a variety of financial management positions with Enron Europe and Ernst & Young.

Pactiv Corp., the $2.9 billion food service and consumer packaging products company, with headquarters in Lake Forest Ill., has appointed vice president and controller, Walter T. Edwards, CFO. Edwards, 56, succeeds Andrew Campbell, who has announced his plan to retire mid-year. Walters has spent the past 32 years with Pactiv and predecessor companies serving in various financial capacities.