Jan 08, 2010

Eugene McGrath Joins Sensus Board of Directors

Former chairman, CEO of Consolidated Edison, Inc.

Sensus announced that Eugene R. McGrath, former chairman and CEO of Consolidated Edison, Inc., has accepted appointment to the Sensus board of directors.

McGrath, 67, from New York, joined Consolidated Edison in 1963 as an engineer. He was named vice president in 1978 and for the next 28 years he served in various senior leadership positions, becoming chairman and CEO before his retirement from the utility in 2006. He is currently a member of the Consolidated Edison board. Consolidated Edison distributes electricity to more than three million residential and business customers in New York City and natural gas to more than one million customers.

“As Sensus grows and executes its strategy to be the leading technology provider of Smart Grid solutions to utilities, I am very happy to welcome to our Board one of the most distinguished and respected leaders in the utility industry,” said Peter Mainz, CEO and president of Sensus. “We look forward to the contributions and insight that Gene will bring to our board.”

Sensus helps utilities deploy Smart Grid solutions, with more than four million of its FlexNet SmartPoint systems installed by electric, gas and water utilities across North America.

“I am very pleased to be joining the Sensus Board and look forward to working closely with Peter and the board to support Sensus,” McGrath said.