Community Corner

Reports: Cuomo Names LIPA Chair

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 conduct business.

Story by Henry Powderly


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