Consolidated Edison, Inc. (NYSE:ED) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On September19, 2017, Craig S. Ivey, the President of Consolidated Edison Company of New York, Inc. (“CECONY”), notified the company of his decision to retire on or about December31, 2017. On September21, 2017, the Board of Trustees of CECONY appointed Timothy P. Cawley as President of CECONY effective upon Mr.Ivey’s retirement. Mr.Cawley is currently the President and Chief Executive Officer of Orange and Rockland Utilities, Inc. (“O&R”). He previously served as Senior Vice President – Central Operations, Vice President – Substation Operations and Vice President – Bronx and Westchester Electric Operations of CECONY. CECONY and O&R are wholly-owned subsidiaries of Consolidated Edison, Inc.
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About Consolidated Edison, Inc. (NYSE:ED)
Consolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc. It owns competitive energy businesses. The Company also owns Con Edison Transmission, Inc. (Con Edison Transmission), which invests in electric and gas transmission projects through its subsidiaries, Consolidated Edison Transmission, LLC (CET Electric) and Con Edison Gas Midstream, LLC (CET Gas). CECONY is a provider of electricity, natural gas and steam to customers in New York City and Westchester County. O&R delivers electricity and natural gas to customers located in south-eastern New York, northern New Jersey and north eastern Pennsylvania. Con Edison provides energy-related products and services to wholesale and retail customers, and develops, owns and operates renewable and energy infrastructure projects.