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Source: Lawrence Waldman appointed LIPA chairman

LIPA Board Trustee Lawrence Waldman during a LIPA

Photo credit: Newsday/Alejandra Villa | LIPA Board Trustee Lawrence Waldman during a LIPA meeting in Uniondale. (April 11, 2012)

Gov. Andrew M. Cuomo on Tuesday appointed Lawrence Waldman chairman of the Long Island Power Authority, and named another LIPA trustee in a move to "stabilize" the authority amid state investigations, an administration source said.

Waldman, a LIPA trustee and chairman of the board's finance and audit committee, confirmed he will take the reins, amid scrutiny of the authority's handling of...

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