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March 31, 2015 1:54 AM ET

Electric Utilities

Company Overview of New York Power Authority

Company Overview

Power Authority of the State of New York, doing business as The New York Power Authority, engages in the generation, transmission, and sale of electricity in the state of New York. As of April 16, 2010, the company operated 17 generating facilities and approximately 1,400 circuit-miles of transmission lines. It primarily serves municipal and rural cooperative electric systems, investor-owned utilities, high-load-factor industries and other businesses, public corporations, and certain out-of-state customers. The company was founded in 1931 and is headquartered in White Plains, New York.

Mailroom 10-B

123 Main Street

White Plains, NY 10601-3170

United States

Founded in 1931

1,642 Employees



Key Executives for New York Power Authority

Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
Age: 57
Chief Operating Officer
Executive Vice President and General Counsel
Senior Vice President of Transmission
Compensation as of Fiscal Year 2014.

New York Power Authority Key Developments

New York Power Authority Appoints Jennifer Faulkner as Senior Vice President of Internal Audits

New York Power Authority has appointed Jennifer Faulkner, formerly an executive at Pfizer as senior vice president of internal audits. Faulkner will direct the Internal Audits program for NYPA and in that role she will oversee the preparation of the annual Internal Audit plan and direct the execution of internal audits that regularly evaluate the adequacy and effectiveness of financial, information technology and operating controls. In addition, she will plan and direct all fraud prevention and detection internal audit activities at NYPA, including the execution of special investigations involving cases and instances of fraud, waste, abuse and ethical and regulatory complaints.

New York Power Authority Appoints Kristine Pizzo as the new senior vice president of human resources

New York Power Authority, or NYPA, has appointed Kristine Pizzo as the new senior vice president, or SVP, of human resources. Pizzo will oversee all employee benefits, programs, services and talent development at the Power Authority, which has 1,700 employees in New York State, including 600 at its administrative headquarters in White Plains.

New York Power Authority Appoints Robert Lurie as Executive Vice President and Chief Financial Officer

Robert Lurie sees his appointment as executive vice president and chief financial officer of the New York Power Authority. Lurie, spent his first 20 working years in public finance, starting out with Lehman Brothers before serving as New Jersey director of public finance. Lurie, who joined NYPA two years ago as senior vice president for strategic planning, will oversee the financial operations of the nation's large state-owned electric utility and one of New York State's major power suppliers. His duties will include forecasting and budgeting, financial planning and controls, managing investment programs and debt, and leading the enterprise risk and physical asset insurance-risk management activities. Lurie will also oversee NYPA's strategic planning, treasury and controller functions.

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