Bloomberg News

Long Island Power Plans to Name John D. McMahon COO

April 19, 2013

The Long Island Power Authority is expected to appoint former Consolidated Edison Inc. executive John D. McMahon as chief operating officer, filling an opening created after the agency was criticized for its Hurricane Sandy response.

Trustees are expected to vote today to appoint McMahon to replace Mike Taunton, who has served in the top operating role on a temporary basis, the Uniondale, New York-based authority said in an e-mailed statement. Taunton will continue to serve as chief financial officer.

Michael Hervey, the previous COO, tendered his resignation after LIPA was criticized for storm preparations and response that left 1 million customers in the dark, some for more than two weeks after Sandy knocked down trees and power lines. A panel appointed by New York Governor Andrew Cuomo, a Democrat, to investigate the authority’s management practices recommended in January that it be converted into an investor-owned utility.

“John is coming to LIPA at a critical time in its history and we are excited about the expertise he brings to the organization,” Larry Waldman, chairman of the authority’s board, said in the statement.

McMahon spent 35 years at Con Edison (ED:US), owner of New York’s largest utility. He served as its general counsel and chief executive officer of its Orange & Rockland Utilities unit, which serves customers in upstate New York.

To contact the reporter on this story: Julie Johnsson in Chicago at jjohnsson@bloomberg.net

To contact the editor responsible for this story: Susan Warren at susanwarren@bloomberg.net


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  • ED
    (Consolidated Edison Inc)
    • $57.18 USD
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