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ED > SEC Filings for ED > Form 8-K on 20-Sep-2013All Recent SEC Filings

Show all filings for CONSOLIDATED EDISON INC



Change in Directors or Principal Officers, Financial Statements and Exhib

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 19, 2013, the Board of Directors of Consolidated Edison, Inc. ("Con Edison") and the Board of Trustees of Consolidated Edison Company of New York, Inc. ("Con Edison of New York") each announced that John McAvoy will succeed Kevin Burke as President and Chief Executive Officer of Con Edison and as Chief Executive Officer of Con Edison of New York, effective January 1, 2014. Mr. Burke will retire from each position effective December 31, 2013 and will continue to serve as Chairman of the Board of Directors of Con Edison and Chairman of the Board of Trustees of Con Edison of New York.

John McAvoy, age 53, is currently the president and chief executive officer of Orange and Rockland Utilities, Inc., a subsidiary of Con Edison. He joined Con Edison of New York in 1980, and has served in a variety of leadership roles, including serving as Senior Vice President of Central Operations, Vice President of System and Transmission Operations and General Manager of Substation Operations.

As of the date of this report, no new compensatory arrangements have been entered into with Mr. McAvoy in connection with his election as President and Chief Executive Officer of Con Edison and Chief Executive Officer of Con Edison of New York. If any new compensatory arrangements are entered into, the material terms of such arrangements will be disclosed in a subsequent filing.

A copy of the press release announcing the succession is also filed herewith as Exhibit 99 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit 99 Press Release, dated September 19, 2013

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