Theodore Craver

Theodore F. Craver Jr. is an American business executive. He is the retired chairman, president and chief executive officer (2008–2016) of Edison International, a public utility holding company listed on the New York Stock Exchange with $13 billion in revenues and $57 billion in assets.

Education Craver graduated from the University of Southern California, where he received a Bachelor of Arts degree in economics and international relations (1974) and a Master of Business Administration (1977).

Career

Financial services industry (1973–1996) Craver worked for Security Pacific National Bank from 1973 to 1980 in the International Studies Section of the Economics Department, and later in the Foreign Exchange Department. He worked for Bankers Trust Company from 1980 to 1984 in various capital markets sales and trading roles in the Los Angeles, New York and Hong Kong offices. Craver worked for First Interstate Bancorp from 1984 to 1996. He served as executive vice president (EVP) and chief financial officer of the wholesale banking subsidiary (1986–1991) and EVP and corporate treasurer at the parent company (1991–1996). As corporate treasurer, he was responsible for treasury and funding functions of the 13 subsidiary banks, asset and liability management, investment management of $10 billion bank portfolio and $300 million venture capital portfolio, bank broker dealer, and mergers and acquisitions.

Energy and utilities (1996–2016) Craver joined Edison International in 1996 as Treasurer of Edison International and Southern California Edison. The contract also allows the company to solicit other solar-power companies to install solar panels and sell the power back to Edison. the Institute of Nuclear Power Operations, the Edison Electric Institute and the Electric Drive Transportation Association. He also served as chairman of the Electric Power Research Institute (2011–2012) and of the Edison Electric Institute (2014–2015).

Awards Electric Light & Power, Large Utility CEO of the Year (2014) Edison Electric Institute, Distinguished Leadership Award (2016) Boy Scouts of America: Americanism Award, Distinguished Eagle Scout Award (2016)

Personal life Craver resides with his wife in Los Angeles, California. He is an Eagle Scout (1967).