Stuart Nachmias Biography and Net Worth

In his current role, Mr. Nachmias leads Con Edison’s wholesale transmission business, which is focused on bringing clean energy from where it is produced to where it is needed to meet customers’ energy needs.

Mr. Nachmias joined Con Edison in 1988 and has spent the majority of his career with the company, holding a variety of positions.

Before taking on his current position, he was vice president of Energy Policy and Regulatory Affairs where his responsibilities included development of strategies to implement federal and state electric and gas policies such as clean energy policies in support of New York State’s clean energy goals and the New York State Public Service Commission’s Reforming the Energy Vision (REV) proceedings. In this regard, he led the company’s efforts working with federal and state energy regulators, Northeast independent system operators (ISOs) and regional transmission operators (RTOs), including the New York Independent System Operator (NYISO), trade associations such as the Edison Electric Institute (EEI) and the American Gas Association (AGA), and other active energy policy groups. Mr. Nachmias has also worked in Con Edison’s Customer Operations, Corporate Planning, Economic Development Planning and Electric Forecasting departments, and was director of marketing for the unregulated affiliate Con Edison Solutions.

Mr. Nachmias is also chairman of New York Transco, a New York utilities electric transmission partnership, and represents Con Edison Transmission on its other projects’ boards. He also serves on the boards of the Tenement Museum and the Queens County Farm Museum in New York City.

He holds a master’s degree in business administration with a finance concentration from Baruch College and a bachelor’s degree in economics and psychology from the State University of New York at Binghamton. He received an advanced certificate in energy management from New York Institute of Technology, completed a PTI distribution system engineering course and has taken executive education courses at Harvard Business School and the Wharton School at the University of Pennsylvania.