Petition forms and additional application information are available on PEC's Nomination by Petition webpage . By 1970, Craighead Electric had 15 substations, currently, there are 21. Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. Article - III Directors. Sloan will succeed Brian Duncan following his . Nothing contained in this section shall or shall be construed to affect in any manner whatsoever the validity of an action taken at any meeting of the Board of Directors. Jonesboro Habitat for Humanity . The locally owned and managed organization has 100 employees. Few farmers knew nothing about electricity. Notwithstanding anything contained herein, failure to comply with the provisions of this Section will not affect in any manner whatsoever the validity of any election of a director of directors. Along with money lent by the REA program went months and months of hard work from dedicated people to begin what is now known as Craighead Electric Cooperative. Johnson, Vt - Vermont Electric Co-op (VEC) is seeking petitions from eligible candidates for three board of directors' seats that are up for election in May. 0. of Corporate Services before fulfilling his current position as CEO in 2007. No big gathering. Mr. Craighead currently serves on the boards of directors of Texas Instruments Inc. and Emerson Electric Company. www.ecark.org SEVEN GUIDING PRINCIPLES 1 Voluntary and Open Membership Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. Address: PO BOX 555, Chimacum, WA 98325 Edit. Finally, rural areas were no longer at the mercy of power companies whose primary interests were in the more densely populated areas of the state. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Sloan will succeed Brian Duncan following his retirement in March Thank you, and we wish you a great retirement.. Lindsey Spencer. While the average residential electric bill will increase by about $14.13, from $112.45 to $126.58, the new rates will still compare favorably to other rural utilities in Arkansas and across the nation. The positive effect of Brians leadership will be seen for many years to come. The first board meeting was held in the basement of the Jonesboro Post Office. Jonesboro, AR. To apply for loans from REA, a corporation needed 612 members and each member would be asked to put up a $5 membership fee, this was a requirement by REA. If you are on Craighead Electric and your bill was higher than normal like our $650 one, I highly recommend you request an energy audit. In addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. Independent Directors James S. Turley St. Louis, Missouri, United States Chair of the Board, Emerson Retired Chairman and CEO, Ernst & Young Board Appointment Year: 2013 Committees: Audit, Corporate Governance and Nominating, Executive. The Craighead Electric Cooperative Board of Directors meet on the last Friday of the month. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. The guys from CE were very prompt, professional, thorough, and informative. Board of directors Martin S. Craighead Retired chairman of the board and chief executive officer, Baker Hughes Inc. Vice chairman of Baker Hughes, a GE company, 2017-2019. Awards recognizes Emersons leading global industrial software and IoT expertise provided through the power of Plantweb with AspenTech. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. The Executive Committee provides oversight to ensure CLIA operates within the confines of its by-laws, charter and articles of incorporation as a DC non-profit corporation. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. It has been an honor and a privilege to serve alongside such a dedicated group of employees at Craighead Electric and Ive had a great opportunity to watch Craighead Electric become a premier service provider in our State and Region Duncan further stated, God has allowed me to do what Id always dreamed of doing and His blessings on my life are truly amazing. As a byproduct of that smart grid communications upgrade project, the CECC Board of Directors recently approved Craighead Electric to provide a new service: High-speed broadband internet! Louis, Missouri, United StatesPresident and Chief Executive Officer, EmersonBoard Appointment Year: 2021Committees: Executive, Lori Lee (c)Mark A. BlinnCandace KendleMatthew S. LevatichJames S. Turley, Gloria A. Flach (c)Mark A. BlinnMartin S. CraigheadWilliam H. Easter III, Joshua B. Bolten (c)Martin S. CraigheadCandace KendleJames S. Turley, James S. Turley (c)Joshua B. BoltenGloria A. FlachArthur F. GoldenLal KarsanbhaiLori Lee, Arthur F. Golden (c)William H. Easter IIIGloria A. FlachLori LeeMatthew S. Levatich, Statement of corporate governance, revised effective May 4, 2021,reviewed as of May 4, 2021. The Secretary will post and maintain at the Cooperative, a current list of all proper nominees for all of the Board of Directors positions to be elected at the next annual meeting. The Secretary will be responsible for assuring that the notice of the meeting is published in the Arkansas Living magazine. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Duncan addressed the Cooperative, I would like to thank my dad for giving him the kick that he needed to get a job at the Cooperative at age 18. Please enable JavaScript to use this website. It was difficult to convince some of them that they should put up a $5 membership in an electric coop. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. In the event districts are combined, the director whose district is being eliminated, will continue to serve until such time as his/her term expires. In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Unless a vacancy occurs, the terms of directors shall be staggered so that not more than one (1) director from each district shall have a term of office expiring in the same year. January/February 2023 Hotlines Newsletter: New SmartHub feature, Solar Ads information, and more. He is the recipient of the C. Drew Stahl Distinguished Achievement Award at Penn State and actively serves his community through a variety of charitable organizations. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. For more information visit Emerson.com. Craighead Electric Cooperative serves approximately 31,000 members in eight counties in Northeast Arkansas. Today, Craighead Electric Cooperative serves more than 30,000 member accounts throughout parts of eight northeast Arkansas counties and maintains over 4700 miles of line and the average household kWh usage is over 1300. Sloans educational background includes a Master of Science in Electrical Engineering from the University of Kentucky, a Bachelor of Science in Electrical Engineering from Tennessee State University, a Graduate Certificate in Power and Energy from the Power and Energy Institute of Kentucky, and completion of the Robert I Kabat Management Internship Program. Sloans educational background includes a Master of Science in Electrical Engineering from the University of Kentucky, a Bachelor of Science in Electrical Engineering from Tennessee State University, a Graduate Certificate in Power and Energy from the Power and Energy Institute of Kentucky, and completion of the Robert I Kabat Management Internship Program. President . Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . From 2006 until 2022, she was on the board of . Duncan has led the corporation since 2007. No speeches. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. He and his family enjoy traveling, gardening, bicycling, and snow skiing. For example, a typical bill for a residential member with one meter using 1,000 kWh a month would go from $112.45 to $126.58. Sloan will succeed Brian Duncan following his retirement in March.. At . Here are some ways to minimize the impact of the proposed rates. Craighead Electric Names New Chief Executive Officer. Interest soon grew to other counties as well as, Craighead, Greene, Poinsett, to name a few. The locally owned and managed organization has 108 employees. Duncan has fulfilled many roles since he was first hired in 1978. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. Section 1. Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. [], Procedures are in place to facilitate early identification of patients at risk for COVID-19 so they can receive prompt treatment and quickly be isolated from other patients and visitors to reduce the risk of transmission, said Dr. Kasey Holder, VP of Medical Affairs [], JONESBORO, Ark. During his tenure as CEO, he implemented an automated meter reading system, led the Cooperative through the worst natural disaster in Craighead Electrics history (the 2009 Ice Storm), helped implement an exemplary culture of safety, oversaw the building of a new district office in Paragould, added 1-Megawatt of solar to the CECC grid, and started a wholly owned fiber subsidiary (empower) providing fiber-to-the-home broadband internet to the underserved membership. National Labor Relations Act creates an unwanted counter to management's ultimate power, so you can at least expect Craighead Electric to try to persuade you that you are better off remaining "at-will . He has worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking Engineer, District Manager, Key Account Manager, Manager of Member Services, and V.P. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. On November 28, 1938, about 75 miles of line in the Valley View area, south of Jonesboro were energized. Board of Directors. A. Wampler of Fair Oaks has served on the Woodruff Electric Board of Directors since 1972. Jonesboro, Arkansas, United States. MEET YOUR DIRECTOR. He worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking Engineer, District Manager, Key Account Manager, Manager of Member Services and Vice President of Corporate Services before filling the role of CEO in 2007. He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. It is a distribution cooperative, meaning that it does not generate its own power, but rather purchase electricity wholesale and distributes it to members within its service territory. empower, Delivered by Craighead Electric, is a wholly-owned subsidiary of CECC that will offer lightning-fast internet, crystal-clear phone, and ultra-HD live . (KAIT) - After a slew of hardships, a Region 8 electric company is looking toward a new solution that may impact you. Kelly Craighead. If implemented, these rates will impact members in different ways, depending on their lifestyle and situation. 1 - 50. In 1940 Craighead Electric had approximately 20 employees, today 100 employees make up the payroll. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. Member Driven Service Focused Its What We Do Everyday, Office (870) 932-8301 Report an Outage (888) 771-7772. His distinguished career with Baker Hughes included the role of chairman from April 2013 to July 2017, chief executive officer from January 2012 to July 2017 and president from July 2010 to July 2017. "VEC board members have a broad range of perspectives and backgrounds, care deeply about the community, and enjoy learning about and influencing energy issues," said Rebecca Towne, VEC's chief executive officer. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. Section 2A. Many farmers would drive for miles to visit with potential customers asking them if they would like electricity. The above proposed rates will become effective for bills rendered on or after October 1, 2022 unless on or before such effective date petitions from ten percent (10%) of the member-consumers have been received by the Arkansas Public Service Commission. Notice is hereby given that the board of directors of CRAIGHEAD ELECTRIC COOPERATIVE CORPORATION has approved changes in the following Arkansas rate schedules of this Cooperative as set forth below. Mark A. Blinn Dallas, Texas, United States Former CEO, President and Director of Flowserve Corporation Board Appointment Year: 2019 Committee: Audit, Compensation . Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. Section 3. Duncan has served the Cooperative for over 43 years. Conference call is available at Emerson.com/Investors. empower, Delivered by Craighead Electric, is a wholly-owned subsidiary of CECC that will offer lightning-fast internet, crystal-clear phone, and ultra-HD live streaming TV throughout the CECC service territory. Vernon Buddy Hasten, CEO of AECI/AECC, recognizes Brian Duncan for his years of service to the Frank J . Services were interrupted by straight-line winds in excess of eighty-five miles per hour, caused damage to approximately twenty-five poles. He also expressed faith in the future of the company, saying, Im confident that the Cooperative is in very, very good hands. Sullivant set up meetings of agricultural and community leaders to survey how many farmers in the county wanted electricity. Click here to download a PDF copy of the above-proposed rates. At the end of 1938, Craighead Electric had 170 miles of line energized with 712 members using an average of 27 kWh monthly. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. Lori Chandler. Electric Cooperatives of Arkansas. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services . Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. The business and affairs of the Cooperative shall be managed by a board of seven (7) directors which shall exercise all the powers of the Cooperative except such as are by law or by the articles of incorporation of the Cooperative or by these bylaws conferred upon or reserved to the members. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. He and his family enjoy travelling, gardening, bicycling, and snow skiing. The co-ops rates have remained steady for more than a decade, but recent challenges affecting CECCs financial condition, including increased operating costs, plant growth due to increased electricity sales and inflation at large, have necessitated a change in electric rates. Y'all are the best! They helped us identify a major problem and a few minor ones, offered solutions and left us hopeful that our next one won't be quiet so high after the necessary changes are made. HCJ CPAs and Advisors, PLLC (870) 935-2871. Heather Cerda. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. We recommend you contact the office to verify the date/time of the meeting. Micheal Sullivan. em power, Delivered by Craighead Electric, is a wholly-owned subsidiary of CECC that will offer lightning-fast internet, crystal-clear phone, and ultra-HD . While the average residential electric bill will increase by about $14.13, from $112.45 to $126.58, the new rates will still compare favorably to other rural utilities in Arkansas and across the nation. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. Story Coffee House (501) 617-2432. From 2017 until May 2019, Mr. Craighead served on the board of Baker Hughes, a GE company, following the combination of Baker Hughes with GE's oil and gas business. | August 17, 2022 Corporate Governance & Nominating Committee Charter, Click to view our Accessibility Policy and contact us with accessibility-related issues, Do Not Sell or Share My Personal Information, Transparency in Coverage Machine-Readable Files. In order to be eligible to become and to continue to serve as a director, the person must: a. be a citizen of the United State of America, c. be a member in good standing with the Cooperative, d. not currently be nor shall have been employed by the Cooperative or any other electric utility for a period of five (5) years prior to the date of such election, e. not have a spouse who currently is or has been employed by the Cooperative or any other electric utility for a period of five (5) years prior to the date of such election, f. not be nor have a spouse who is in any way employed by or directly financially interested in a competing enterprise or business selling electric energy or supplies to the Cooperative, g. not have been convicted of a felony or a misdemeanor which misdemeanor involves dishonesty within the ten (10) years prior to the date of the election unless the candidate has received a pardon for such conviction, h. not be convicted of a felony or a misdemeanor which misdemeanor involves dishonesty while serving as a director, i. attend a majority of all board meetings (unless excused by the Board of Directors for good cause) during any twelve (12) consecutive month period, j. meet the residency requirements of Section 2Aand, k. not be and not have a spouse who is the incumbent of or a candidate for an elective public office in connection with which a salary is paid. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . There was no ceremony to herald the coming of electricity to rural Craighead County. I look forward to the opportunity to serve the member/owners of Craighead Electric, and it is very exciting to be able to lead an exceptional group of employees into the future.. Pleasecontact usfor assistance. Craighead County Agricultural Extension Agent A.R. Sloan has been with CECC since 2016 and held the roles of Engineer, Manager of Fiber Assets, and Chief Operating Officer of empower, Delivered by Craighead Electric. The new rates will affect each member differently. The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 2022. Members are welcome to attend. Over the past 82 years, Craighead Electric Cooperative Corporation (CECC) invested millions of dollars to build a robust electric system that continues to provide safe, reliable and affordable electric power to its members. It has been an honor and a privilege to serve alongside such a dedicated group of employees at Craighead Electric and Ive had a great opportunity to watch Craighead Electric become a premier service provider in our State and Region Duncan further stated, God has allowed me to do what Id always dreamed of doing and His blessings on my life are truly amazing.. Please contact us if you need assistance purchasing this product in another country. This brand-new network will be able to handle more than 30,000 1 Gbps connections for members and non-members of CECC throughout northeast Arkansas. CRAIGHEAD COUNTY, Ark. Save my name, email, and website in this browser for the next time I comment. of Corporate Services before fulfilling his current position as CEO in 2007. Announcements. This important and necessary enhancement to CECCs electrical system not only means that members will benefit from improved electrical power delivery but it will also bring truly reliable and high-speed broadband to the more than 44% of CECC members who are currently unserved or underserved in terms of broadband in our eight-county region. CEO, Board Chair, and Board of Directors information; Additional tools and resources; And more. JONESBORO, AR (KAIT) - High-speed, broadband internet is coming to rural northeast Arkansas. Note: The expenses and revenue of empower, Delivered by Craighead Electric (a wholly owned broadband subsidiary) are separate from CECC and did not influence the . Sign up for free. []. Address, Phone Number, and Fax Number for Craighead County Board of Elections, a Board Of Elections, at South Main Street, Jonesboro AR. Sloan has been with CECC since 2016 and held the roles of Engineer, Manager of Fiber Assets, and Chief Operating Officer of empower, Delivered by Craighead Electric. If you are on Craighead Electric and your bill was higher than normal like our $650 one, I highly recommend you request an energy audit . Duncan has served the Cooperative for over 43 years. Incorporated in 1937, the cooperative operates offices in Jonesboro, Walnut Ridge and Paragould. Along with providing electricity to our members, we provide other services such as energy audits and heating and cooling analysis on members residences and businesses. Sloan will succeed Brian Duncan following his retirement in March.. The CECC Board of Directors reviewed the cost-of-service study and, upon cooperative staff's recommendation, voted in favor of a rate adjustment to increase system revenue by 9.3%. As the days go on, I will remain your biggest fan and most vocalcheerleader.. Section 2B. Upon it being determined that a director fails to meet any of the qualifications set forth in this section 2B, then the director shall immediately be removed from the Board without any action or vote being necessary. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. The person seeking such nomination may obtain more than one (1) copy of such petition. Jeremiah Sloan, CEO . Instead, a lineman climbed a cooperative pole near the meter point and closed a switch. LOUIS - (June 4, 2019) - Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's (NYSE: EMR) board of directors, Chairman and Chief Executive Officer David N. Farr announced today. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's board of directors. Craighead Electric Cooperative Corp. (870) 336-4404. James S. TurleySt. Throughout his extensive career with Baker Hughes, Craighead held a number of executive leadership and operational positions, including assignments in Canada, Latin America and Asia. Some farmers did not have $5 but they wanted electricity, so instead, they gave chickens, eggs and other farm produce for their membership. These charges are reflected as either debits or credits on members statements each month. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . Sloan will succeed Brian Duncan following his retirement in March.. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. Since the beginning, Craighead Electric Cooperative is a not-for-profit corporation and is only in business to provide a reliable and low-cost source of electricity to our membership. The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. On members statements each month new kWh rates Chairman terry Rorex stated, & quot ; We excited... I am honored to be nominated empower broadband this product in another country and Paragould adjustment! Into the new kWh rates expertise provided through the power of Plantweb with AspenTech of Craighead Electric became... The new Chief Executive officer of the Jonesboro Post Office and his family enjoy travelling, gardening,,. 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Announce Jeremiah Sloan as the days go on, I will remain YOUR biggest fan and most..... Fifty ( 150 ) days prior to joining CECC, Sloan spent 6 years an! Today 100 employees make up the payroll Jonesboro were energized by that same district and position 1970, Craighead Greene... Save my name, email, and informative application information are available on PEC & # x27 ; nomination... Less than one ( 1 ) copy of the meeting less than one ( 1 copy! Independent analysis determined CECC needs to increase our retail rates, which have not changed since may.. Name a few 43 years caused damage to approximately twenty-five poles joining CECC, spent. Driving innovation that makes the world & # x27 ; s nomination by petition webpage Jeremiah!
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