Brendan Cavanagh of SBA Communications Joins Con Edison Board for Strategic Leadership

Strategic Leadership Appointment Strengthens Con Edison’s Board

Consolidated Edison, Inc. ("Con Edison") announces the election of Brendan Cavanagh to its Board of Directors, effective October 1, 2025. Cavanagh is currently the President and CEO of SBA Communications Corporation, a prominent real estate investment trust specializing in wireless communications infrastructure, encompassing cellular towers and distributed antenna systems. His extensive experience with SBA, where he has served for 27 years and held various significant roles including Chief Financial Officer, positions him as a key asset for Con Edison. This appointment signals Con Edison's commitment to integrating leadership that possesses a robust understanding of infrastructure management and operational excellence.

Cavanagh's tenure at SBA Communications is marked by substantial growth in the company’s asset portfolio, underscoring his capability to guide organizations through evolving market landscapes. As CEO since January 2024, he has demonstrated strategic foresight in expanding SBA's footprint in the wireless sector, which is increasingly crucial as demand for connectivity rises. With a solid educational background, including a bachelor’s degree in accounting from Wake Forest University and an MBA from Florida Atlantic University, Cavanagh combines technical knowledge with strategic insight, making him well-suited to address the challenges and opportunities that lie ahead for Con Edison.

The integration of Cavanagh into Con Edison’s Board is anticipated to enhance the utility's leadership and operational proficiency. As the energy sector continues to adapt to new technologies and customer needs, having a board member with extensive experience in infrastructure and financial management is invaluable. Cavanagh’s insights into the wireless communications industry may also foster innovative approaches to energy delivery and management, ultimately benefiting Con Edison’s diverse customer base and supporting its mission to provide reliable energy services.

In other relevant news, Con Edison continues to focus on expanding its portfolio of energy-related products and services through its subsidiaries. The company operates key divisions dedicated to electric, gas, and steam services, primarily in New York City and surrounding areas. This diversification underscores the utility's commitment to meeting the evolving energy demands of its customers while ensuring a reliable and sustainable energy supply.

As Con Edison prepares for Cavanagh’s arrival on the board, the leadership transition reflects a broader trend in the utility sector, where the integration of expertise from various industries becomes essential to navigate the complexities of modern energy delivery and infrastructure development.