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A boardroom prepped for a meeting

The Board of Directors

Committees

Our committees work together to focus on key areas of our operations.

The Audit Committee

Members assist the Board of Directors in its oversight of the integrity of the financial statements, the Company’s compliance with legal and regulatory requirements, the independent auditor’s qualifications and independence, and the performance of the Company’s internal audit function and independent auditors.

The Corporate Governance and Nominating Committee

Members are responsible for determining the size and composition of the Board and committees, and recommending candidates to fill vacancies. They make recommendations to the Board about the compensation of Board members as well as other corporate governance matters, including Board independence criteria, determinations, and corporate governance guidelines.

The Executive Committee

Members may exercise all the powers vested in the Board during intervals between meetings, except for certain specified matters.

The Finance Committee

Members review and make recommendations to the Board about the company's financial condition and policies, its dividend policy, bank credit arrangements, financings, investments, capital and operating budgets, major contracts and real estate transactions, and litigation and other financial matters, as well as review financial forecasts.

The Management Development and Compensation Committee

Members report and make recommendations to the Board about officer and senior management appointments and compensation. They also make incentive compensation awards to officers participating in Con Edison's Long Term Incentive Plan, and Con Edison of New York's Executive Incentive Plan, subject to confirmation by the Board, and they administer Con Edison's 1996 Stock Option Plan.

They also review and recommend orderly succession and transition for company executives, and consider the company’s recruitment efforts to attract a diverse workforce.  Members also oversee the company’s compliance with the Employment Retirement Income Security Act of 1974 (ERISA), and review and recommend benefit plans and plan amendments. They select plan trustees and the policies and contributions to fund the plans, and they review plan performance.

The Safety, Environment, Operations, and Sustainability Committee

Members oversees the company’s efforts relating to corporate responsibility and sustainability, which includes operating in a safe, environmentally sensitive and socially responsible manner, guarding the health and safety of company employees and the public, supporting the development and success of company employees, delivering value to customers and fostering growth to meet the expectations of investors.

Audit Committee

Corporate Governance and Nominating Committee

Executive Committee

Finance Committee

Management Development and Compensation Committee

Safety, Environment, Operations, and Sustainability Committee

George Campbell, Jr. PhD Former Non-Executive Chairman of the Webb Institute, Glen Cove, New York

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Chair

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Ellen V. Futter President, American Museum of Natural History, New York, New York

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Co-Chair

John F. Killian Former Executive Vice President and Chief Financial Officer, Verizon Communications Inc., New York, New York

Chair

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William J. Mulrow Senior Advisor, Blackstone New York, NY

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John McAvoy Chairman, President and Chief Executive Officer

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Armando J. Olivera Former President and Chief Executive Officer, Florida Power & Light Company, Juno Beach, Florida

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Co-Chair

Michael W. Ranger Senior Managing Director, Diamond Castle Holdings

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Chair and Lead Director

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Linda S. Sanford Former Senior Vice President, Enterprise Transformation, International Business Machines Corporation, Armonk, New York

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Deirdre Stanley Executive Vice President and General Counsel, Thomson Reuters New York, NY

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L. Frederick Sutherland Former Executive Vice President and Chief Financial Officer and Former Senior Advisor to the Chief Executive Officer, Aramark Corporation, Philadelphia, Pennsylvania

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Chair

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