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Con Edison Media Relations
April 16, 2012
9:00 a.m.

CON EDISON NAMES MICHAEL JONES-BEY DIRECTOR OF SUPPLIER DIVERSITY PROGRAM

NEW YORK – Con Edison has named Michael Jones-Bey director of the company's Supplier Diversity Program. He is responsible for developing procurement opportunities for minority and women-owned business enterprises (MWBEs).
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Jones-Bey joins Con Edison most recently from MWBE Partners, LLC, a business development company in New York. He had served as executive director of the New York Empire State Development Corporation's (ESDC) Division of Minority and Women Business Development, one of the nation's largest public sector supplier diversity programs.

At the ESDC, Jones-Bey was responsible for revitalizing the New York State certification program, agency compliance, and business development initiatives. Under his leadership, the state's programs resulted in more than $300 million of additional contract opportunities for MWBEs in the construction, renewable energy, and information technology industries. New contract opportunities in the financial services industry surpassed $1 billion.

Jones-Bey also served as director of press operations and chief of staff to former New York Governor (then senator) David Paterson. He managed a staff of 140 employees with an annual budget of $13 million. Concurrently, he served on the executive board of the Harlem Community Development Corporation.

Jones-Bey's work in the supplier diversity field has been widely recognized, earning him countless industry and community awards for his leadership and expertise.

Con Edison is a subsidiary of Consolidated Edison, Inc. [NYSE: ED], one of the nation's largest investor-owned energy companies, with approximately $13 billion in annual revenues and $39 billion in assets. The utility provides electric, gas and steam service to more than three million customers in New York City and Westchester County, New York. For additional financial, operations and customer service information, visit us on the Web at www.conEd.com, at our green site, www.coned.com/thepowerofgreen, or Facebook at Power of Green.



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