Consolidated Edison, Inc. (ED)

91.55 -0.89 (-0.96%) At close: 04:00PM EST

Consolidated Edison, Inc.

4 Irving Place
New York, NY 10003
United States
212 460 4600
https://www.conedison.com

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full-time employees: 14,319

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Timothy P. Cawley	Chairman, President & CEO	3.52M	N/A	1965
Mr. Robert N. Hoglund	Senior VP & CFO	1.96M	N/A	1962
Ms. Deneen Lynette Donnley	Senior VP & General Counsel	1.42M	N/A	1965
Mr. Robert Sanchez	President & CEO of Orange and Rockland Utilities, Inc.	1.22M	N/A	1966
Mr. Matthew Ketschke	President of Consolidated Edison Company of New York, Inc.	1.38M	N/A	1972
Mr. Joseph Miller	VP, Controller & Chief Accounting Officer	N/A	N/A	1963
Mr. Jan C. Childress	Director of Investor Relations	N/A	N/A	N/A
Mr. Yukari Saegusa	VP & Treasurer	N/A	N/A	1968
Sylvia V. Dooley	VP & Corporate Secretary	N/A	N/A	N/A
Stuart Nachmias	President & CEO of Con Edison Transmission, Inc.	N/A	N/A	1965

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.6 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.

Corporate governance

Consolidated Edison, Inc.’s ISS governance QualityScore as of 1 December 2023 is 4. The pillar scores are Audit: 9; Board: 6; Shareholder rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.