Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Most had never used it. He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. Published: Jul. No nominations will be accepted from the floor. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Craighead Electric Cooperative Corporation Board of directors as of 02/07/2019 SOURCE: Self-reported by organization You have profile views left. Pleasecontact usfor assistance. Louis, Missouri, United StatesChair of the Board, EmersonRetired Chairman and CEO, Ernst & YoungBoard Appointment Year: 2013Committees: Audit, Corporate Governance and Nominating, Executive, Mark A. BlinnDallas, Texas, United StatesFormer CEO, President and Director of Flowserve CorporationBoard Appointment Year: 2019Committee: Audit, Compensation, Joshua B. BoltenWashington, D.C., United StatesPresident and Chief Executive Officer, Business RoundtableBoard Appointment Year: 2012Committees: Corporate Governance and Nominating, Executive, Martin S. CraigheadHouston, Texas, United StatesFormer Chairman, President and CEO of Baker HughesBoard Appointment Year: 2019Committees: Compensation, Corporate Governance and Nominating, William H. Easter IIIHouston, Texas, United StatesFormer Chairman, President and Chief Executive Officer of DCP Midstream LLCBoard Appointment Year: 2020Committees: Compensation, Finance, Gloria A. FlachMarriottsville, Maryland, United StatesRetired Corporate Vice President and Chief Operating Officer, Northrop Grumman CorporationBoard Appointment Year: 2017Committees: Compensation, Executive, Finance, Arthur F. GoldenNew York, New York, United StatesSenior Counsel, Davis Polk & WardwellBoard Appointment Year: 2000Committees: Finance, Executive, Candace KendleBoca Grande, Florida, United StatesRetired Chairman and Chief Executive Officer, Kendle International, Boca Grande, Florida, USABoard Appointment Year: 2014Committees: Audit, Corporate Governance and Nominating, Lori LeeDallas, Texas, United StatesCEO, AT&T Latin America & Global Marketing Officer, AT&T Inc.Board Appointment Year: 2018Committees: Audit, Executive, Finance, Matthew S. LevatichMilwaukee, Wisconsin, United StatesFormer President and CEO, Harley-Davidson, Inc.Board Appointment Year: 2012Committees: Audit, Finance, Lal KarsanbhaiSt. Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. 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. Services were interrupted by straight-line winds in excess of eighty-five miles per hour, caused damage to approximately twenty-five poles. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. Hes in jail. If implemented, these rates will impact members in different ways, depending on their lifestyle and situation. PEC has seven board directors that each serve three-year terms. In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. 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. By 1970, Craighead Electric had 15 substations, currently, there are 21. "The Craighead Electric board of directors and management emphasized that their members must receive economic as well as environmental benefits, and this solar system accomplishes both," said Michael Henderson, president of Today's Power Inc. Little Rock-based TPI, a wholly owned subsidiary of Arkansas Electric Cooperatives Inc., builds . Pleasecontact usfor assistance. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. Director, Emerson Electric Co. Back He has fulfilled many roles since first hired in 1978. Note: Only one (1) person may sign on the nominating petition for each membership, i.e., a husband and wife having a joint membership shall be counted as only one (1) signature on a petition. 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. He worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking . Only petitions that have been provided by the Cooperative will be accepted. More than 10,000 locations already connected over last two years to new, world-class fiber network PLANO, Texas, July 29, 2021 (GLOBE NEWSWIRE) - DZS (NASDAQ: DZSI), a global leader in optical and packet-based mobile transport, broadband connectivity and software defined networking solutions, today announced the success of a transformative rural broadband network deployed by Craighead Electric . % director attendance at the 2019 Annual Meeting Proactive Governance in 2019 Board refreshment - Added 4 new Directors in the last 3 years Recruitment number of Director nominees in the Company's proxy statement for election. The Craighead Electric Cooperative Board of Directors meet on the last Friday of the month. It was difficult to convince some of them that they should put up a $5 membership in an electric coop. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. 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. For purposes of these bylaws, the term, first elected shall mean the election of a director in accordance with the bylaws when that director is not an incumbent at the time of his/her election. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. The effect of the rate change on individual consumers will vary depending on the class of service and the amount of electricity used. Kelly Craighead. The service availability charge helps cover fixed costs, such as meters, transformers and lines necessary to provide electricity to a service regardless of its usage. 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. Duncan says he looks forward to spending his retirement with his wife, Teressa, their two sons, Brady and Tanner, and their grandson. Your email address will not be published. Residence Requirements for Directors. The positive effect of Brians leadership will be seen for many years to come. Story Coffee House (501) 617-2432. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. A membership drive soon began. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. It is often referred to as a minimum bill. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. 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. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Chairman of the board of Baker Hughes Inc., 2013-2017; chief executive officer, 2012-2017; and president, 2010-2017. . 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. 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. 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. Sign up for free. The cooperatives wholly owned subsidiary, empower, has 30 employees and serves just over 12,000 internet subscribers. 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. 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 . Mindy Smith, V-P of Accounting & Finance Administration. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Please contact us if you need assistance purchasing this product in another country. Learn More about the Board of Directors. Address: PO BOX 555, Chimacum, WA 98325 Edit. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. Process Control for Power & Water Industries, SCADA, Remote Terminal Units (RTU) & Flow Computers, Programmable Automation Control Systems (PLC/PAC), AVENTICS Product Calculation Pneumatics, Electrical Construction Materials & Lighting, Click to view our Accessibility Policy and contact us with accessibility-related issues, Residential Construction & Home Improvement, Emerson Schedules First Quarter 2023 Earnings Release and Conference Call, Emerson Announces Premium, All-Cash Proposal to Acquire National Instruments for $53 Per Share, Emerson Named Industrial IoT Company of the Year for Fifth Time, Do Not Sell or Share My Personal Information, Transparency in Coverage Machine-Readable Files. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. 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 . 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. Board of Directors. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. Success Credit Union (870) 935-9336. About Craighead Electric. Management Staff. General Powers. President . Duncan has fulfilled many roles since he was first hired in 1978. This had a great impact on farmers and families working and living on county roads that other power companies would not provide service too. On November 28, 1938, about 75 miles of line in the Valley View area, south of Jonesboro were energized. Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's board of directors. Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. 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.. Kent Madin. Conference call is available at Emerson.com/Investors. The Secretary will be responsible for assuring that the notice of the meeting is published in the Arkansas Living magazine. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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. In addition to his role on Emersons board of directors, Craighead serves as a board member of PQ Group Holdings Inc. and Texas Instruments Incorporated. Members receive the monthly Arkansas Living Magazine, which keeps them up to date on any activities and programs available through their cooperative. January/February 2023 Hotlines Newsletter: New SmartHub feature, Solar Ads information, and more. For more information visit Emerson.com. When Craighead Electric was approved by the REA, it became the second electric cooperative in Arkansas. Please enable JavaScript to use this website. CEO, Board Chair, and Board of Directors information; Additional tools and resources; And more. He and his family enjoy traveling, gardening, bicycling, and snow skiing. A. Wampler of Fair Oaks has served on the Woodruff Electric Board of Directors since 1972. President Elect . "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. 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. Members of Craighead Electric Cooperative will soon have access to "Empower", a subsidiary company. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Sloan will succeed Brian Duncan following his retirement in March 0. Awards recognizes Emersons leading global industrial software and IoT expertise provided through the power of Plantweb with AspenTech. 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. Petitions should be sent to: Arkansas Public Service Commission, 1000 Center Street, Little Rock, Arkansas, 72201, the mailing address of which is: P.O. Duncan has served the Cooperative for over 43 years. As CECC operates as a not-for-profit cooperative, we must generate operating margins to cover capital credit retirements to members, operating costs and principal on long-term debt while maintaining sufficient equity. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. Overview of all Board Committees and charter downloads, Employee, director and executive officer ethical responsibilities, Emerson bylaws as amended through May 4, 2021, Restated Articles of Incorporation adopted February 6, 2001, Lobbying, trade associations and coalitions, United Kingdom Tax Transparency Statement, Global Human Rights, Share Pledging, Anti-Hedging,Clawback Policies and UK Modern Slavery Act. Section 1. 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. At . . 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. No speeches. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. []. Sloan will succeed Brian Duncan following his retirement in March.. Monday, Jan. 10, 2022 1:18 pm 1 min read. The locally owned and managed organization has 100 employees. 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. My responsibilities require me to oversee the day to day operations of the Fresh Meat Processing, Bakery Department, Deli . . 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. Few farmers knew nothing about electricity. Police responded to the 600-block of Chesnut Street after 11 PM on January 14. JONESBORO, AR (KAIT) - High-speed, broadband internet is coming to rural northeast Arkansas. Section 2A. Lori Chandler. At the end of 1938, Craighead Electric had 170 miles of line energized with 712 members using an average of 27 kWh monthly. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. There was no ceremony to herald the coming of electricity to rural Craighead County. Following industry best practices, the cooperative commissioned an engineering consulting firm (Toth & Associates) to review current rates and determine if they are producing sufficient revenue. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. 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. Member Driven Service Focused Its What We Do Everyday, Office (870) 932-8301 Report an Outage (888) 771-7772. He was responsible for the acquisition, development, and deployment of combat identification and communications systems for the Department of Defense and led Air Force Reserve Officer Training Corps programs at the University of Kentucky and University of Louisville. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Jan 12, 2022. From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . Nominations for the Board of Directors shall be by petition only. He also serves on the board of the Montana Center for International Visitors. All directors elected to fill a vacancy of an unexpired term shall be elected for the period remaining on the unexpired term. 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 . In addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. Craighead Electric is headquartered in Jonesboro and operates two full-service district offices located in Paragould and Walnut Ridge. of Corporate Services before fulfilling his current position as CEO in 2007. Micheal Sullivan. Section 3. 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. If approved, it will go into effect with usage beginning Oct. 1, 2022. Section 2B. Representing District 1, J. Product(s) in your cart may not be available in the selected country and will be removed from your cart if you choose the SELECT button below. Phone Number: (360) 385-7554 Edit. Nominations. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. 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. He also expressed faith in the future of the company, saying, Im confident that the Cooperative is in very, very good hands. Thank you all for doing the great jobs keeping us in the light. We would like to thank Brian for his professional leadership and 44 years of outstanding dedicated service to Craighead Electric, he said. A cooperative exists to provide high-quality service at the lowest possible price. Members are welcome to attend. From 2006 until 2022, she was on the board of . Click here to download a PDF copy of the above-proposed rates. 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. Box 400, Little Rock, Arkansas, 72203-0400. He and his family enjoy travelling, gardening, bicycling, and snow skiing. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services companies. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. James S. TurleySt. Many farmers would drive for miles to visit with potential customers asking them if they would like electricity. You work very hard at a very dangerous job and I for one appreciate it very much. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. ST. LOUIS (June 4, 2019) Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emersons (NYSE: EMR) board of directors, Chairman and Chief Executive Officer David N. Farr announced today. Sloan will succeed Brian Duncan following his retirement in March.. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. Craighead Electric Cooperative Corp. (870) 336-4404. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. 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! @CraigheadCoop Thank you to all who are working tirelessly to keep families across NEA safe and warm. of Corporate Services before fulfilling his current position as CEO in 2007. If such petition(s) are in proper form and contain a minimum of fifteen (15) proper signatures, and the person so nominated meets the requirements as outlined in this Article III, such person shall be added to the list of nominees for the proper position. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. As the days go on, I will remain your biggest fan and most vocalcheerleader.. But times are changing and with that change brings a whole new opportunity to modernize our grid with a communications network that will link critical electric assets together to ensure power quality, reliability, and increase CECC operational efficiency. The locally owned and managed organization has 108 employees. 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. When a membership is held jointly by a husband and wife, either one, but not both, maybe elected a director. 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. Applicants may access the nomination petition forms and application materials online, download them, and fill them out at their convenience. Frank J . High-speed, locally-owned internet service for your neck of the woods. Heather Cerda. Section 1. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Some farmers did not have $5 but they wanted electricity, so instead, they gave chickens, eggs and other farm produce for their membership. Here are some ways to minimize the impact of the proposed rates. Vernon Buddy Hasten, CEO of AECI/AECC, recognizes Brian Duncan for his years of service to the Following the close of the nominations, the Secretary will mail with a notice of the annual meeting a statement setting forth the position to which directors are to be elected at such meeting and the name of all proper nominees for each such position. 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. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. Sloan will succeed Brian Duncan following his . In recognition of Duncans commitment to the Coop, the 1-Megawatt Solar Field in Brookland, Arkansas, was dedicated to Duncan, now to be known as The Brian Duncan Solar Generation Facility. Sloan will succeed Brian Duncan following his retirement in March.". 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. 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. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 2022. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. The new rates will affect each member differently. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. 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. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. 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. Lindsey Spencer. Jan. 4, 2021 (6:30 p.m.) The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. Of 27 kWh monthly he was first hired in 1978 & # x27 ; November!, High winds result in outages for Craighead Electric Cooperative will soon have access to & quot ; a... Makes the world 's largest oil field services companies global technology, software and powerhouse!, currently, there are 21 and snow skiing one-third from 2021 and the amount electricity! 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In Mongolia Engineer and a Professor of Aerospace Studies managed organization has 108 employees at end... Meet on the Board of Directors since 1972 very dangerous job and I for appreciate. The association March.. Monday, Jan. 10, 2022 january/february 2023 Hotlines Newsletter: new SmartHub feature, Ads. Monday, Jan. 10, 2022 Back he has fulfilled many roles since first hired in 1978 to have average... World 's largest oil field services companies peak of the month it was difficult to convince of. Brian Duncan following his retirement in March 0 Sloan as the newly appointed CEO of Electric.
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