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Con Edison Announces Retirement of Frances A. Resheske

Consolidated Edison, Inc. (Con Edison) [NYSE:ED] today announced that Frances A. Resheske, senior vice president of Corporate Affairs at Con Edison is retiring from her position after 23 years.

Initially recruited by the Chairman and CEO, Frances created an integrated strategic corporate affairs department. She innovatively transformed the group, building an enterprise-wide government and community relations team and redefining communications processes and strategic philanthropy. Frances’ leadership role broadened to include oversight of regulatory relations and energy markets policy. She later established the company’s first marketing department, with a primary focus on accelerating the clean energy transition on behalf of customers.

“For more than two decades, Frances has brought creativity, energy, integrity, and an unparalleled depth of knowledge to Con Edison, our industry and the region. She is an invaluable member of the leadership team and a trusted advisor and counselor. I will personally miss Frances, as will the board and the entire organization,” said Tim Cawley, Chairman and CEO of Con Edison. “Frances’ strategic leadership has been instrumental in the development of our sustainability and clean energy commitments. She is a highly respected professional who effectively collaborates with her extensive network to achieve positive outcomes for stakeholders.”

In reflecting on her long and accomplished career at Con Edison, Frances said, “I had a vision to build a team that played a key role in serving our customers and this great region, and I am so proud of the dedicated people I lead today. My approach has been to develop corporate strategies and goals that reflect the customer’s perspective, regulatory outlook and political environment.” She added, “Leading the corporate affairs department at Con Edison-- a business that provides essential services to an incredibly vibrant New York City metropolitan area-- is always exciting, complex and challenging. It has been an incredible experience. I am grateful for the opportunity to work with such wonderful colleagues and for the leadership of our Chairman and CEO, Tim Cawley.”

Frances serves on the board of Con Edison’s Clean Energy Businesses, Con Edison Transmission and the New York State Energy Research and Development Authority, a public benefit corporation. She has also held many leadership positions on non-profit boards.

Frances will continue in her role at Con Edison through the middle of this year to help lead a smooth transition process. She plans to leverage her extensive experience to support her industry and the causes about which she is most passionate.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $14 billion in annual revenues and $63 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc. (O&R), a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., the second-largest owners of solar electric projects in North America, which, through its subsidiaries develops, owns and operates renewable and sustainable energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which falls primarily under the oversight of the Federal Energy Regulatory Commission and through its subsidiaries invests in electric transmission projects supporting its parent company's effort to transition to clean, renewable energy. Con Edison Transmission manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that will bring clean, renewable electricity to customers, focusing on New York, New England, the Mid-Atlantic states and the Midwest.

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