EDWARD M. STERN
President & CEO
Ed Stern is President and CEO of PowerBridge, the leading developer of non-utility, privately financed, electric transmission systems in the U.S. PowerBridge has developed, financed, constructed – and now operates – more than 1300 MWs of transmission capacity, with a total investment in excess of $1.5 billion. PowerBridge has also completed the development and construction of a natural gas line and is currently developing several billion dollars of new electric transmission facilities.
JEFFREY T. WOOD
Senior Vice President
Jeff Wood joined the PowerBridge team in 2011 and is primarily responsible for leading the financing effort for PowerBridge projects such as Hudson Transmission. Jeff is a former managing director at the investment bank Société Générale, where he was responsible for serving as financial advisor and for arranging $600 million in non-recourse project financing for the Neptune transmission project, a 660-MW undersea transmission cable completed in June of 2007.
ERNEST B. GRIGGS
Senior Vice President & Project Manager
Ernie Griggs serves as Senior Vice President and Project Manager for both Neptune Regional Transmission System and the Hudson Transmission Project. His responsibilities include oversight for compliance with all North American Reliability Corporation (“NERC”) requirements for planning and operating a transmission facility in the North American bulk power system.
THOMAS G. BEAUMONTE
CFO & Treasurer
Tom Beaumonte, CFO & Treasurer, has more than 20 years experience as a senior financial executive in planning, operations, strategic planning, budgeting, cost reduction and financial reporting for both domestic and international companies. Prior to joining PowerBridge at its inception, Tom served as Vice President, Comptroller and Treasurer of Enel North America, Inc. and its predecessor company, CHI Energy, Inc.
Director of Operations
Chris Benson joined the PowerBridge team in 2013. As Director of Operations he is responsible for daily oversight of the operation, maintenance, safety, inventory and environmental compliance for PowerBridge’s Hudson and Neptune HVDC transmission facilities.
Prior to joining PowerBridge, Chris was with Siemens Energy as part of the EPC team for Hudson’s back-to-back HVDC converter station in Ridgefield, New Jersey. He was responsible for developing the operations and maintenance program procedures, training, and document deliverables for commercial operation.
Vice President, Accounting & Administration
Kathy Neary joined the PowerBridge team upon its founding in 2005 and helped create all of the company's accounting and risk management functions. Kathy has more than 20 years of accounting and financial management experience and is primarily responsible for administrative, insurance, accounting, cash management and certain other financial matters for PowerBridge and its affiliated entities and projects. After starting her career with Arthur Andersen, she joined CHI Energy, Inc. and its successor company, Enel North America, Inc. and held the position of Manager of Finance, responsible for corporate financial analysis as well as oversight of insurance matters for more than 80 energy facilities.
J. Christopher Hocker
Vice President, Planning
Chris Hocker joined PowerBridge as Vice President of Planning in 2004 after 20 years of experience in the electric power industry that encompassed project planning, licensing and permitting, government and community relations, business development, and corporate communications. He was responsible for permit compliance during Neptune construction and has led the successful permitting effort for the Hudson Transmission Project.
JAMES T. SULLIVAN
Vice President, Operations
Jim Sullivan, Vice President Operations, is primarily responsible for operations and maintenance (“O&M”) and NERC reliability compliance for Neptune Regional Transmission System and the Hudson Transmission Project. Jim joined the PowerBridge team in 2011, bringing more than 30 years of experience in the engineering, operations, maintenance, and management of electric systems, primarily for High Voltage Direct Current (HVDC) transmission systems.
Vice President, Construction
John Ostrowski joined PowerBridge with 35 years of experience in the engineering and installation of electric power systems. He began his career as an electrical engineer for the Long Island Lighting Co. and its successor, KeySpan Energy, where he advanced to Area Supervisor and Supervising Service Operator for the installation, operation, restoration, and improvements of distribution and bulk transmission systems. He then joined Pirelli/Prysmian Cables, where he was responsible for directing the installation of numerous land-based and submarine cable projects. These included the Neptune and Hudson transmission projects, both high voltage submarine cable installations linking New Jersey and New York, which were developed by affiliates of PowerBridge.
Susan Brown, Project Coordinator, has both development and operations responsibilities, including environmental and regulatory compliance. She has more than 25 years of diverse experience that includes advertising, marketing, and public relations as well as education and information technology. She joined PowerBridge in 2011 after four years in the Fairfield, Connecticut public schools as an IT specialist. She holds a B.S. degree in Business Administration from Southern Connecticut State University.
MARY ELLEN WAACK
Mary Ellen Waack joined PowerBridge in 2011 as an Accounting Manager, bringing nearly 25 years of accounting and finance experience to the team. Early in her career, Mary Ellen held positions at Rashba & Pokart and Price Waterhouse accounting firms.
She gained experience in the energy sector at CHI Energy, initially as Senior Accountant responsible for client audits and later as Special Projects Manager responsible for review and analysis of potential acquisition and merger candidates. As an independent consultant, Mary Ellen provided a wide range of financial services to clients in various industries, including the management of all financial operations for Waack Golf, a family-owned retail business. A Certified Public Accountant, Mary Ellen earned a Bachelor of Science degree in Accounting from The State University of NY at Binghamton.
Office Manager and Executive Assistant
Liesl Cugno joined PowerBridge in 2021 as Office Manager and Executive Assistant. Liesl has broad experience supporting all levels of executive management as well as general office management. She most recently worked for seven years as an Executive Assistant at Aberdeen Standard Investments, and its predecessor companies Aberdeen Asset Management and FLAG Capital Management. Earlier in her career, she held positions supporting senior management at Trident Capital and IMS Health. Liesl holds an A.S. Degree in Office Administration from Sacred Heart University.