[Congressional Record (Bound Edition), Volume 151 (2005), Part 17]
[Extensions of Remarks]
[Page 23421]
[From the U.S. Government Publishing Office, www.gpo.gov]


                     A TRIBUTE TO EUGENE R. McGRATH

                                 ______
                                 

                          HON. EDOLPHUS TOWNS

                              of new york

                    in the house of representatives

                       Thursday, October 20, 2005

  Mr. TOWNS. Mr. Speaker, I rise today in recognition of Eugene R. 
McGrath, a distinguished member of the business community.
  Mr. Speaker, Eugene R. McGrath is Chairman of the Board and Chief 
Executive Officer of Consolidated Edison, Inc., the holding company; 
and Chairman and Chief Executive Officer of its largest subsidiary, Con 
Edison of New York, the regulated utility. It behooves us to pay 
tribute to this outstanding leader and I hope my colleagues will join 
me in recognizing his impressive accomplishments.
  Mr. McGrath joined Con Edison of New York as an engineer following 
college graduation in 1963. He eventually held key executive positions 
in the utility's major operating and customer service areas and managed 
fossil-fired and nuclear generating plants. He was elected Vice 
President in 1978, Executive Vice President in 1982, and President and 
Chief Operating Officer in 1989. He became Chairman and Chief Executive 
Officer in September 1990.
  Mr. McGrath serves on the board of directors of many organizations 
that advance economic development, human services, culture and 
education. He is chairman of the Union Square Partnership; director of 
AEGIS Insurance Services, Atlantic Mutual Insurance Company, Barnard 
College, the Business Council of New York State, the Fresh Air Fund, 
the Hudson River Foundation for Science and Environmental Research, 
Inc., Manhattan College, the Partnership for New York City, Schering-
Plough Corporation, and the Wildlife Conservation Society. He is a 
member of the Council on Foreign Relations, the Economic Club of New 
York, the Development Advisory Council for the Lower Manhattan 
Development Corporation, the National Academy of Engineering, and the 
Mayor's Fund to Advance New York City.
  Within the energy industry, Mr. McGrath is a director of the Edison 
Electric Institute and a member of the Energy committee of the New York 
Building Congress.
  A native New Yorker, Mr. McGrath earned a mechanical engineering 
degree from Manhattan College in 1963, a Masters in Business 
Administration from Iowa College in 1980 and completed the Advanced 
Management Program at Harvard University in 1989.
  Consolidated Edison, Inc., one of the nation's largest investor-owned 
energy companies, with approximately $10 billion in annual revenues and 
$24 billion in assets, provides a wide range of energy-related products 
and services to its customers. Its subsidiaries include Consolidated 
Edison Company of New York, Inc., Orange and Rockland Utilities, Inc., 
Con Edison Solutions, Con Edison Energy, Con Edison Development, and 
Con Edison Communications.
  Mr. Speaker, I believe that it is incumbent on this body to recognize 
the accomplishments and selfless service of Eugene R. McGrath, as he is 
more than worthy of our recognition today.

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