Eugene (Gene) R. McGrath (born 1942) in Yonkers, New York is an American businessman with extensive experience in engineering, operations, and executive management in the utility industry.
[2] McGrath excelled in his employment with Con Edison, moving into management, and becoming responsible for running fossil-fuel and nuclear power plants.
[1] In 1989, he attended the six-week Advanced Management Program at Harvard University[2] and was subsequently named the president and chief operating officer of the company.
[1] In April 2001, Consolidated Edison filed papers with the Securities and Exchange Commission stating that they had tripled the compensation of McGrath, to $9 million.
"[3] In September 2005, Kevin Burke assumed the roles of president and chief executive officer, while McGrath remained as chairman of the board.
[2][5] In October 1997, McGrath was named president and chief executive officer of the parent company, Consolidated Edison, Inc. At that time, he also became a member and was elected chairman of the board of directors, a position that he held through February 2006.
In July 1999, McGrath began serving as chairman of the board of Orange and Rockland Utilities, a subsidiary of Consolidated Edison, Inc.