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Con Edison Media Relations
Contact: D. Joy Faber
Telephone: (212) 460-4111


For Immediate Release: May 29, 1998

CON EDISON ANNOUNCES EXECUTIVE APPOINTMENTS

Consolidated Edison, Inc. announced today that it has named Stephen B. Bram chairman of Con Edison Energy, its energy supply subsidiary. Con Edison Energy, a new subsidiary of Consolidated Edison, Inc., will acquire generating assets and will provide energy services to wholesale customers.

Consolidated Edison also announced that the Board of Trustees of Consolidated Edison Company of New York, Inc. (Con Edison), its regulated utility company, named Neil S. "Buzz" Carns senior vice president, nuclear operations, a new position; Kevin Burke senior vice president, customer service; and Luther Tai vice president, corporate planning.

Bramís and Carnsí appointments are effective June 1. Burkeís and Taiís appointments are effective July 1.

Bram will retain his current position at Con Edison as senior vice president, central operations. Among his duties in that position, Bram will continue to concentrate on the implementation of the utilityís generation divestiture plan, which includes the sale at auction of two-thirds of the companyís in-city electric generation. He also will oversee the implementation of Con Edisonís steam plan, which includes the sale of two steam-electric plants - East River and Waterside.

Bram, 55, joined Con Edison in 1963 and was assigned to the companyís planning organization with responsibilities for electric and steam planning. He was elected assistant vice president, system operation in 1978 and promoted to vice president, central substations and system operation in 1979. Bram subsequently served as vice president, system and transmission operations. In 1982, he was named vice president, fossil power and from 1987 to 1994, he served as vice president, nuclear power. He was named senior vice president, central operations in 1995.

Neil S. Carns, 59, has more than 35 years experience with naval and commercial nuclear power plants. In 1997, he served as senior vice president and chief nuclear officer for Northeast Utilitiesí Millstone Station and prior to that assignment, Carns was the chairman, president and CEO of the Wolf Creek Nuclear Operating Corporation. He also held officer-level nuclear positions at Niagara Mohawk Power Corporation, Entergy Operations, Inc. and Louisiana Power and Light.

Carns began his civilian career as an operations manager, and later, principal engineer, with Washington Public Power Supply System. From 1961 to 1981 he held various officer positions with the U.S. Naval Submarine Service, including command of two nuclear submarines.

Kevin Burke, 47, succeeds J. Michael Evans, who was promoted to president and chief operating officer earlier this year. In his new assignment, Burke will have overall responsibility for the companyís electric and steam transmission and distribution systems and customer operations. He currently is senior vice president, corporate planning.

Burke joined Con Edison in 1973 as an engineer. In 1977, after earning a law degree, he joined the companyís Law Department as an attorney. In 1981, Burke was named director of regulatory affairs, and promoted to general manager, nuclear administrative services a year later. He was named general manager, building and plant projects in 1985, elected vice president, construction in 1987, vice president, Brooklyn customer service in 1990 and vice president, corporate planning in 1993.

Burke and his wife Patricia reside in Mount Kisco, New York. The couple has two children.

Luther Tai, 50, who succeeds Burke, will have responsibility for the planning of Con Edisonís future business strategies. He assumed his current position, director of corporate planning, in 1994. In that capacity, Tai played a major role in the formation and implementation of the companyís plan to bring competition to its New York City and Westchester County service territory.

Tai joined Con Edison in 1970 as an assistant engineer and has held positions of increasing responsibility, including chief generation planning engineer and chief forecast engineer. He earned a bachelorís degree in chemical engineering from the Massachusetts Institute of Technology, a masterís degree in management engineering from Columbia University and a juris doctorate degree from New York Law School.

Tai resides in Basking Ridge, New Jersey with his wife Johanna and their two children.

Tai will report to Joan Freilich, executive vice president and chief financial officer. Paul Kinkel, vice president, nuclear operations and Charles Durkin, vice president, generation engineering, will report to Carns. Burke, Carns and Bram will report to J. Michael Evans.

Consolidated Edison, Inc. is one of the nationís largest investor-owned energy companies, with more than $7 billion in annual revenues and approximately $15 billion in assets. The company provides a wide range of energy-related products and services to its customers through its four subsidiaries: Consolidated Edison Company of New York, Inc. (Con Edison), a regulated utility providing electric, gas and steam service to New York City and Westchester County, New York; Con Edison Solutions, a retail energy services company; Con Edison Energy, a wholesale energy supply company; and Con Edison Development, an infrastructure development company. \n\n\n\n\n

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