NEW YORK, NY, Nov 02, 2009 (MARKETWIRE via COMTEX) -- Craig S. Ivey has been named president of Consolidated Edison
Company of New York, Inc. (Con Edison), effective November 1. His
appointment was announced by Kevin Burke, the chairman, president,
and CEO of Consolidated Edison, Inc., the parent company of the
regulated subsidiary that serves New York City and Westchester
County. Ivey is succeeding Con Edison President and COO Louis Rana,
who is retiring after 40 years of service.
Ivey, 46, joins Con Edison after serving as senior vice president for
Transmission and Distribution at Dominion Resources in Virginia for
the last two years. He joined Dominion in 1985, became general manager
of Distribution Operations in 1998, a vice president in 2000, and a
senior vice president in 2006. A graduate of North Carolina State
University with a B.S. in Electrical Engineering, Ivey also has
completed executive education programs at the University of Michigan
and Harvard University.
In his last role, Ivey was responsible for overall electric
operations, including maintenance, distribution, and emergency
planning, and dealt frequently with municipal councils, government
agencies and community organizations. He led customer restoration
efforts in the wake of the devastating Hurricane Isabel, when 1.8
million of Dominion's 2.2 million customers lost power in 2003. Ivey
led Dominion's field response, handling planning, logistics and
communication as his 3,500-person work force grew overnight to more
than 12,000 people, supplemented by contractors and workers supplied
by other utilities that flowed into the region from as far away as
Quebec.
"Craig is a skilled and knowledgeable leader who has extensive
utility industry experience," said Kevin Burke, chairman, president,
and CEO of Consolidated Edison. "He will continue the company's focus
on strengthening and maintaining its energy infrastructure and
delivering value for customers and investors."
Con Edison is a subsidiary of Consolidated Edison, Inc. (NYSE: ED),
one of the nation's largest investor-owned energy companies, with
approximately $14 billion in annual revenues and $34 billion in
assets. The utility provides electric, gas and steam service to more
than 3 million customers in New York City and Westchester County, New
York. For additional financial, operations and customer service
information, visit Con Edison's Web site at www.conEd.com.
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Contact:
Media Relations
212-460-4111
SOURCE: Consolidated Edison, Inc.
