internal
Timothy P. Cawley
President and Chief Executive Officer
Executive
5 yr
6 reports
Consolidated Edison, Inc. ·ED
Utility holding company with operating CEOs reporting to group CEO
Energy · Fortune #286 · Holding structure · 15K employees · New York, New York
View as of:
4
CEO span
↓ tighter than peers (avg 10)
1.8
Avg span
tight
3
Max depth
3 levels
3.25 yr
Avg tenure
stable vs FY2024
50%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$17.0B
Operating income
$2.9B
Net income
$2.0B
Total assets
$74.6B
Shares out
361M
Sourced from Consolidated Edison, Inc. DEF 14A · filed 2026-04-08 ↗ View on SEC
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Consolidated Edison, Inc. organizational chart
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Con Edison is structured as a regulated utility holding company where the operating utility president reports directly to the group CEO. This page maps the executive team, reporting lines, governance context, and recent leadership changes, and compares the structure with other major U.S. electric utilities.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Robert Hoglund departed as Former Senior Vice President and Chief Financial Officer
Retired effective December 2, 2024.
Source · See change logScenario views in the chart
- Add a Chief Operating Officer Introduce a COO role to consolidate oversight of regulated utility operations and reduce CEO span of control.
- Centralize IT under Finance Move the CIO to report to the CFO, emphasizing cost control and capital discipline in technology investments.
Atlas work this supports
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The people
Who's running this
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Matthew Ketschke
President, Consolidated Edison Company of New York
Utility Operations
6 yr
0 reports
Kirkland Andrews
Senior Vice President and Chief Financial Officer
Finance
1 yr
1 reports
Kamran Ziaee
Senior Vice President and Chief Information Officer
Information Technology
1 yr
0 reports
internal
Deneen L. Donnley
Senior Vice President and General Counsel
Legal
4 yr
1 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Timothy P. Cawley $19.9M
- Base salary
- $1.45M
- Stock awards
- $9.77M
- Non-equity incentive
- $2.81M
- Other
- $103K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
Stock ownership guidelines disclosed but not quantified in multiples in the excerpt.
| Holder | Shares | % of class |
|---|---|---|
| Timothy P. Cawley | 127K | <1% |
The businesses
How Consolidated Edison, Inc. divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Finance
300 employees
SVP & CFO (Kirkland Andrews)
Oversees financial reporting, capital planning, treasury, and investor relations across the holding company and utilities.
Utility Operations
12K employees
President, CECONY (Matthew Ketschke)
Runs electric and gas distribution operations, safety, reliability, and regulatory execution in New York City and Westchester.
Information Technology
600 employees
SVP & CIO (Kamran Ziaee)
Manages enterprise IT, cybersecurity, and digital systems supporting regulated utility operations.
Legal & Governance
150 employees
SVP & General Counsel (Deneen L. Donnley)
Handles regulatory, litigation, corporate governance, and compliance matters for the company and subsidiaries.
The thesis
Why this org is unusual
Consolidated Edison’s most distinctive structural feature is that its regulated utility operating CEOs report directly to the holding company CEO rather than through a COO layer.
Timothy P. Cawley simultaneously serves as group CEO and CEO of Con Edison of New York, concentrating operating and regulatory accountability at the top.
The structure is otherwise a traditional utility holding-company model, with finance, legal, and IT centralized at the parent while day‑to‑day electric and gas operations sit inside regulated subsidiaries. The absence of a COO and the small C‑suite reflect the company’s regulated focus, where capital planning, rate cases, and risk oversight matter more than rapid product iteration.
- No COO role
- Operating utility president reports directly to CEO
The comparison
How Consolidated Edison, Inc. stacks up
Compared with other large U.S. electric utilities, Con Edison runs a leaner corporate center. Peers such as Duke Energy or Southern Company typically insert a COO or group president layer between the CEO and operating utilities. Con Edison’s flatter structure increases CEO span of control but aligns with its geographic …
C-suite size
Reporting depth
Consolidated Edison, Inc.
3 levels
5 levels
5 levels
6 levels
5 levels
Avg C-suite tenure
Consolidated Edison, Inc.
3 yr
4 yr
5 yr
6 yr
Has COO / Has CAIO
Consolidated Edison, Inc. — no COO — no CAIO
Current signals
What changed recently
The most significant recent change was the CFO transition from Robert Hoglund to Kirkland Andrews in mid‑2024.
- departedRobert Hoglund Former Senior Vice President and Chief Financial Officer
Retired effective December 2, 2024.
Source - newKirkland Andrews Senior Vice President and Chief Financial Officer
Appointed CFO effective July 8, 2024.
Source - Date not confirmed newKamran Ziaee Senior Vice President and Chief Information Officer
Joined the company in December 2024.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-08
- CEO
- Timothy P. Cawley
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 3.2 yr
Leadership team stabilized after CFO transition in 2024.
Named executive officers (5)
- Timothy P. Cawley - CEO since 2021
- Kirkland Andrews - CFO since 2024
- Matthew Ketschke - President, CECONY
- Kamran Ziaee - CIO since 2024
- Deneen L. Donnley - General Counsel
FY2024
DEF 14A filed 2025-04-09
- CEO
- Timothy P. Cawley
- CEO span
- 5
- C-suite
- 6
- Avg tenure
- 4.1 yr
CFO retirement announced late in the year.
Named executive officers (5)
- Timothy P. Cawley - CEO since 2021
- Robert Hoglund - CFO since 2004
- Matthew Ketschke - President, CECONY
- Deneen L. Donnley - General Counsel
- Robert Sanchez - President, Shared Services
Year-over-year changes
The primary change was the CFO transition, slightly reducing C-suite size and average tenure.
- CEO span: 5 → 4
- C-suite size: 6 → 5
- Avg tenure: 4.1 → 3.2 yr
- departed Robert Hoglund - Chief Financial Officer (was CFO) (DEF 14A, 2025-04-09)
- new Kirkland Andrews - Chief Financial Officer (DEF 14A, 2026-04-08)
The board
Board of directors
2 directors. 2 of 2 independent (100%). Source: most recent DEF 14A.
John F. Killian
Independent
Former EVP and CFO, Verizon Communications
Michael W. Ranger
Lead Indep. Independent
Senior Managing Director, Diamond Castle Holdings
The board, organized
Board committees
1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent 6 mtgs/yr
- John F. Killian Chair
- Michael W. Ranger
Frequently Asked Questions
Who is the CEO of Consolidated Edison?
Timothy P. Cawley has served as President and Chief Executive Officer since 2021.
What type of organizational structure does Consolidated Edison use?
Con Edison operates a holding-company structure overseeing regulated electric and gas utilities.
How many direct reports does Consolidated Edison’s CEO have?
The CEO has four direct executive reports at the holding-company level.
How has Consolidated Edison’s leadership changed recently?
The company appointed a new CFO, Kirkland Andrews, in July 2024 and added a new CIO in late 2024.
Does Consolidated Edison have a COO?
No, Consolidated Edison does not have a Chief Operating Officer; operating utility leadership reports directly to the CEO.
Sources
- Company Proxy Statement, Apr 2025
- Company Proxy Statement, Apr 2026
- SEC EDGAR: Consolidated Edison, Inc. DEF 14A Proxy Statement
- SEC EDGAR: Consolidated Edison, Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Consolidated Edison, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/consolidated-edison/MLA 9th
"Consolidated Edison, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/consolidated-edison/. Accessed .Chicago 17
Creately. "Consolidated Edison, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/consolidated-edison/.Original SEC source View on SEC ↗
Consolidated Edison, Inc.. DEF 14A. Filed 2026-04-08. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1047862/000104786226000078/ed-20260408.htmPermanent URL: https://creately.com/org-chart/fortune-500/consolidated-edison/ · last updated 2026-04-01