Hall of Fame 2016
Mr. Craig S. Ivey is president of Consolidated Edison Company of New York (Con Edison), a regulated utility with 14,000 employees serving New York City and most of Westchester County. The company is a subsidiary of Consolidated Edison, Inc., one of the nation’s largest investor-owned electric utilities, with approximately $13 billion in annual revenues and $36 billion in assets. Con Edison is a Dow Jones Sustainability Index company; its continuing emphasis on green initiatives to reduce carbon emissions have been recognized with commendations and awards from government agencies as well as nonprofit and private organizations, including the U.S. Department of Energy, the international Carbon Disclosure Project (CDP), and Innovest Strategic Value Investors.
Mr. Ivey and his team run electric operations across the entire service area; gas operations in Manhattan, the Bronx, and parts of Queens and Westchester; and steam operations in Manhattan. They are responsible for the safety, construction, planning, design, and reliability of an electric system that presently encompasses over 129,000 miles of underground and overhead electric cable, nearly 4,300 miles of gas mains, and 105 miles of steam mains, serving over nine million New Yorkers.
Mr. Ivey joined Con Edison in November 2009 after serving as a senior vice president in two different roles at Dominion Virginia Power since 2006, first as an SVP of Electric Delivery, then as an SVP of Transmission and Distribution. He had risen through a succession of increasingly responsible positions at Dominion, where he developed a reputation for emphasizing safety, operational excellence and leadership.
A native of Roanoke Rapids, N.C., Mr. Ivey originally joined Dominion in May 1985 after spending several summers during college working in the company’s Engineering and Planning Group. In 2003, three years after becoming vice president of Electric Operations, he played a key role in expeditiously managing service restoration of 1.8 million customers after the devastating Hurricane Isabel.
Mr. Ivey serves on the boards of nonprofit and industry organizations including the Hospital for Special Surgery, the Fresh Air Fund, Electric Power Research Institute (EPRI), and the New York State Smart Grid Consortium. Mr. Ivey earned his Bachelor of Science degree in Electrical Engineering from North Carolina State University in 1985, and has completed executive education programs at the University of Michigan and Harvard University. In 2005, he received the Black Engineer of the Year Award for Career Achievement in Industry.