8-KEarnings & ResultsLeadership ChangesExhibits & Filings

CONSOLIDATED EDISON INC 8-K Report, Financial Results (Feb 21, 2014)

Filed February 21, 2014For Securities:ED

Summary

Consolidated Edison, Inc. (ED) filed an 8-K on February 21, 2014, reporting key updates from events on February 20, 2014. The filing primarily includes a press release detailing the company's 2013 results of operations and financial condition. Investors should note this as the main source of financial performance information for the period, as the press release is furnished as an exhibit. Additionally, the report announces a significant governance change: the election of Mr. Armando J. Olivera, retired President and CEO of Florida Power & Light Company, to the Boards of Directors of both Consolidated Edison, Inc. and Consolidated Edison Company of New York, Inc. While committee appointments for Mr. Olivera are to be disclosed in an amendment, his appointment suggests a strengthening of the board with experienced industry leadership.

Key Highlights

  • 1The 8-K provides 2013 results of operations and financial condition, furnished via an attached press release.
  • 2Mr. Armando J. Olivera was elected to the Boards of Directors for both Consolidated Edison, Inc. and Consolidated Edison Company of New York, Inc.
  • 3Mr. Olivera brings prior executive experience as retired President and CEO of Florida Power & Light Company.
  • 4Details regarding Board committee assignments for the new director will be provided in a future amendment to this filing.
  • 5The report was filed on February 21, 2014, with the earliest event date being February 20, 2014.

Frequently Asked Questions

The primary financial information disclosed is the company's results of operations for the year 2013, as detailed in a press release furnished as an exhibit to this Form 8-K.

Armando J. Olivera is the retired President and Chief Executive Officer of Florida Power & Light Company. His election to the Boards of Directors of Consolidated Edison, Inc. and its subsidiary is significant as it brings experienced leadership and executive management perspective to the company's governance.

Yes, the filing states that the companies will amend this report to disclose the specific Board committee(s) to which Mr. Olivera is appointed.