Governor taps Lawrence Waldman to lead the board following exodus in the utility's leadership ranks.
Gov. Andrew Cuomo has named Long Island Power Authority trustee Lawrence Waldman chairman of the board, following the resignation of former chairman
Howard Steinberg, according to multiple reports
While the governor's office has not made a formal announcement, both
the Associated Press and Newsday
have confirmed the appointment with
anonymous state officials.
Waldman, a parter in the accounting firm of EisnerAmper
, had been in charge of LIPA's finance and audit committee.
The governor has also named RXR Realty president Michael Maturo to
the utility's board, according to the reports, bringing LIPA trustee
number up to nine members, one more than it needs to hold a quorum and
Story by Henry Powderly
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