Consolidated Edison, Inc. (Con Edison) is one of the largest investor-owned energy delivery companies in the United States, with approximately $15 billion in annual revenues for the year ending 2023 and $69 billion in assets as of September 30, 2024 . The company operates primarily through its subsidiaries, providing regulated electric, gas, and steam services . Con Edison's main business activities include energy delivery and transmission, with a significant portion of its revenue generated from electric operations . The company sells energy services through its subsidiaries, focusing on electric, gas, and steam services .
- Consolidated Edison Company of New York, Inc. (CECONY) - Provides regulated electric, gas, and steam services, contributing significantly to the company's overall revenue.
- Orange and Rockland Utilities, Inc. (O&R) - Offers regulated electric and gas services in southeastern New York and northern New Jersey.
- Con Edison Transmission, Inc. - Focuses on electric transmission projects and manages both electric and gas assets, with a minimal revenue contribution compared to the utility segments.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Timothy P. Cawley ExecutiveBoard | Chairman, President, and CEO | Director of American Gas Association, Edison Electric Institute, Partnership for New York City, Trust for Governors Island | Joined ED in 1987; became CEO in December 2020; extensive leadership in utility operations and strategic planning. | View Report → |
Joseph Miller Executive | Vice President, Controller, and CAO | None | Serves as Chief Accounting Officer; signature appears in the most recent 8-K filing from November 2024. | |
Kirkland B. Andrews Executive | Chief Financial Officer | None | Succeeded Robert Hoglund as CFO in July 2024; oversees financial strategy and operations. | |
Robert Sanchez Executive | President, Shared Services (CECONY) | None | Former President & CEO of Orange & Rockland Utilities; transitioned to Shared Services role in April 2024. | |
Armando J. Olivera Board | Director | Director at Fluor Corporation and Lennar Corporation; Trustee Emeritus at Cornell University | Former CEO of Florida Power & Light; extensive experience in utility operations and sustainability. | |
Catherine Zoi Board | Director | Director at Soli Organic, Inc. | Former CEO of EVgo; extensive leadership in clean energy and sustainability sectors; served in the Obama Administration overseeing energy investments. | |
Deirdre Stanley Board | Director | Trustee of Hospital for Special Surgery and The Dalton School | Former EVP and General Counsel at Estée Lauder and Thomson Reuters; extensive legal and corporate governance expertise. | |
Dwight A. McBride Board | Director | Trustee of Institute of International Education; Board Member of Dan David Prize | Academic leader; currently Gerald Early Distinguished Professor at Washington University in St. Louis. | |
Ellen V. Futter Board | Director | Director of Evercore Inc.; Trustee of Brookings Institution, Cold Spring Harbor Laboratory, Memorial Sloan-Kettering Cancer Center | Former President of the American Museum of Natural History; extensive experience in management and operations of public-serving organizations. | |
John F. Killian Board | Director | Trustee of Goldman Sachs Trust II; Trustee Emeriti of Providence College | Former CFO of Verizon Communications; extensive experience in financial reporting and internal auditing. | |
Karol V. Mason Board | Director | President of John Jay College; Director of Southern Poverty Law Center; Advisory Board Member for multiple organizations | President of John Jay College; extensive leadership in education and public service. | |
L. Frederick Sutherland Board | Director | Director at Colliers International and Sterling Check Corp.; Trustee of WHYY, Duke University, and National Constitution Center | Former CFO of Aramark; expertise in financial reporting, risk management, and corporate compliance. | |
Linda S. Sanford Board | Director | Director at Pitney Bowes and Interpublic Group; Trustee of New York Hall of Science | Former Senior VP at IBM; expertise in IT, cybersecurity, and corporate transformation. | |
Michael W. Ranger Board | Director | Senior Managing Director at Diamond Castle Holdings LLC; Trustee of Atlantic Health System | Extensive experience in investment banking and private equity, particularly in the energy sector. | |
William J. Mulrow Board | Director | Senior Advisory Director at Blackstone; Director at JBG Smith Properties and Titan Mining Corporation | Extensive experience in finance and asset management; former Secretary to the Governor of New York. |
Recent press releases and 8-K filings for ED.
- On March 24, 2025, the company entered into a 364-Day Revolving Credit Agreement to secure up to $500 million in loans, primarily to support its commercial paper program and general corporate purposes.
- The Credit Agreement provides loans at variable interest rates that reflect the company’s credit rating and includes detailed terms regarding default events and termination conditions.
- Corporate counsel confirms that all necessary corporate actions have been taken and the company remains in good standing under New York law.