Theodore (Ted) F. Craver, Jr.
Chairman and Chief Executive Officer
Theodore F. Craver, Jr., is chairman and chief executive officer of Edison International, the parent company of Southern California Edison, one of the nation’s largest electric utilities, and competitive businesses engaged in renewable generation, energy services for commercial and industrial customers, and delivery or use of electricity. Craver was elected chairman and chief executive officer in August 2008.
Craver was president and chief executive officer of Edison Mission Group from January 2005 to April 2008. Before that, he was executive vice president of parent company Edison International, and held the position of chief financial officer and treasurer from January 2000 through December 2004.
Before joining Edison in 1996, Craver served as executive vice president and corporate treasurer of First Interstate Bancorp from 1991 to 1996. In that role, he was responsible for corporate development, treasury, and sales and trading of investment and insurance products. While at First Interstate, Craver also served as executive vice president and chief financial officer of the wholesale banking subsidiary from 1986 to 1991. Before joining First Interstate, he spent four years with Bankers Trust Company of New York and seven years with Security Pacific National Bank in various capital markets sales and trading capacities.
Craver serves on the Board and is past chairman of the Edison Electric Institute. He is a member of the Economic Advisory Council of the Federal Reserve Bank’s Twelfth District and a member of the Business Roundtable. Craver is also on the Advisory Board of the Smithsonian National Museum of American History, and serves on the Board of Trustees of the Autry National Center, and the California Board of Trustees of The Nature Conservancy. Craver was previously on the board and past chairman of the Electric Power Research Institute, and previously served on the boards of Health Net, Inc., the Institute of Nuclear Power Operations and the Electric Drive Transportation Association.
Craver was awarded the Edison Electric Institute’s Distinguished Leadership Award in January 2016, recognizing his significant contributions and commitment to the electric power industry. He was named 2014 Large Utility CEO of the Year by Electric Light & Power magazine.
Craver earned an MBA and a bachelor’s degree in economics and international relations from the University of Southern California.