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Crain’s New York Business Names Barnard Trustee Eugene McGrath as One of the 10 Most Influential Leaders in New York

New York, N.Y., June 20, 2002 -- In its June 17, 2002, issue, Crain’s New York Business named Barnard Trustee Eugene McGrath as one of the 10 most influential leaders in the New York City business world.

In order to make the cut for this highly selective list, an individual had to "use his or her clout to effect political, civic, or social change, or to effect change in his or her industry." As Chairman of the Board and Chief Executive Officer of Consolidated Edison, Inc. of New York, McGrath has "maintained and improved…one of the most reliable electricity systems in the world." Con Ed was highly praised for its quick action after the Sept. 11th attacks. Electricity was restored to the downtown area in a matter of weeks, and one of the substations destroyed in 7 World Trade Center has already been replaced.

In addition to his leadership at Consolidated Edison, McGrath is involved in numerous educational, civic and philanthropic organizations, including serving on the Barnard College Board of Trustees, to which he was elected in 1990 and currently serves as Vice Chair; he also co-chairs the 14th Street-Union Square Local Development Corporation; and serves on the boards of a number of institutions, including the American Museum of Natural History, the Conference Board, Central Park Conservancy, Federal Reserve Bank of New York, the Fresh Air Fund, New York City Partnership and Chamber of Commerce, and the United Way of New York City and the United Way of Tri-State. In the article, McGrath notes "I love New York. And that is what drives me."

Also included in Crain’s list of the top 100 business leaders are two Barnard alumnae: former Barnard president Ellen V. Futter ’71, president of the American Museum of Natural History, and Martha Stewart ’63, Chairman and Chief Executive Officer of Martha Stewart Living Omnimedia.

Contact: Petra Tuomi, Office of Public Affairs, 212-854-7907
Cyndie Pogue, Office of Public Affairs, 212-854-2037

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