Tuesday, December 31, 2013

Matthew Cordaro Reappointed To LIPA Board

Matthew Cordaro
Matthew Cordaro has been reappointed to the board by Assembly Speaker Sheldon Silver (D-Manhattan), Silver's office confirmed Monday. Cordaro, a board member since February, has questioned whether a LIPA downsized by Gov. Andrew M. Cuomo can handle its responsibilities.

Silver used his other pick for the nine-member board to select former Long Island Assemblyman Marc Alessi, who represented parts of Suffolk County from 2005 to 2010. Silver's selections complete the newly fashioned governing board for the utility.

The Cuomo administration earlier named five new appointees: Thomas McAtee Jr., Mark Fischl, Sheldon Cohen, Elkan Abramowitz and outgoing Glen Cove Mayor Ralph Suozzi.

Last week, Senate co-leader Dean Skelos (R-Rockville Centre) said he will reappoint Jeffrey H. Greenfield (first appointed in 2012) and Suzette Smookler (board member since 2006) as his representatives.

Under a reorganization plan advocated by the governor last year, Cuomo has five board selections, Silver two and Skelos two.

The old 15-member board will be abolished as of Wednesday.

Under the plan that takes effect Wednesday, PSEG, a New Jersey-based utility company, will take over not only the day-to-day operations but also management duties including budgeting and power-plant planning. LIPA is being scaled back to essentially a financial holding company while maintaining ownership of the transmission and distribution system.  (Long Island Newsday, 12/30/2013)

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