Craighead Electric Names New Chief Executive Officer, ***No Longer Available for new installations. November/December 2022 Hotlines Newsletter: See the updated Membership Handbook, SmartHub Tips, and more. 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 . 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. 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. 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. 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. 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. 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. The CECC Board of Directors reviewed the cost-of-service study and, upon cooperative staffs recommendation, voted in favor of a rate adjustment to increase system revenue by 9.3%. By 1970, Craighead Electric had 15 substations, currently, there are 21. @CraigheadCoop Really proud of the work you guys are doing with the new solar array and the new high speed internet access. Since 2017, she has served on the board of directors of HF Sinclair Corporation, where she is a member of the Nominating/Governance and Compensation Committees. A cooperative exists to provide high-quality service at the lowest possible price. 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 cost-of-service study or the decision to propose new rates. After hiring an engineering firm, the cooperative would build 192 miles of power line in three counties. Independent & inside Board of Directors members. "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 . Success Credit Union (870) 935-9336. The guys from CE were very prompt, professional, thorough, and informative. Duncan has served the Cooperative for over 43 years. The person seeking such nomination may obtain more than one (1) copy of such petition. From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . Learn More about the Board of Directors. Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. On Tuesday . He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. Craighead Electric is headquartered in Jonesboro and operates two full-service district offices located in Paragould and Walnut Ridge. Frank J . About Craighead Electric. 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. CRAIGHEAD COUNTY, Ark. Residence Requirements for Directors. At the end of 1938, Craighead Electric had 170 miles of line energized with 712 members using an average of 27 kWh monthly. High-speed, locally-owned internet service for your neck of the woods. Conference call is available at Emerson.com/Investors. Board Refreshment and Diversity Recently added Martin Craighead, former The Board of Directors will establish a procedure for voting so that each member will receive the ballot in sufficient time for it to be marked and returned by the time set for the annual meeting. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Sullivant set up meetings of agricultural and community leaders to survey how many farmers in the county wanted electricity. This is known as a cost-of-service study. PEC has seven board directors that each serve three-year terms. 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. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. Please contact us if you need assistance purchasing this product in another country. 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.. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Sloan will succeed Brian Duncan following his retirement in March.. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. Craighead Electric Inc Contact Information. 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! 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 Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. | August 17, 2022 He also serves on the board of the Montana Center for International Visitors. 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. 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. 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. Please enable JavaScript to use this website. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services . . Few farmers knew nothing about electricity. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. 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 . While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. 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. Jeremiah Sloan, CEO . Notify me of follow-up comments by email. []. Please enable JavaScript to use this website. The locally owned and managed organization has 100 employees. These charges are reflected as either debits or credits on members statements each month. 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. No big gathering. Petitions should be sent to: Arkansas Public Service Commission, 1000 Center Street, Little Rock, Arkansas, 72201, the mailing address of which is: P.O. Chairman of the Board of Directors, Terry Rorex, recognized Duncan in a presentation to employees, members, family and friends. 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. HCJ CPAs and Advisors, PLLC (870) 935-2871. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. 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. In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. 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. Nominations for the Board of Directors shall be by petition only. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. 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. In order to become eligible and continue to serve as a director, the person: As a qualification of office at the time that a director is first elected to the Board of Directors, the director shall reside in and be selected from the area encompassed by a particular district and position as those areas are defined in these bylaws. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. A membership drive soon began. Duncan has served the Cooperative for over 43 years. Thank you all for doing the great jobs keeping us in the light. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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. Jonesboro, AR. Here are some ways to minimize the impact of the proposed rates. 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. After obtaining the requisite signatures, the person being nominated must present the petition(s) with original signatures thereon not less than ninety (90) days prior to the annual meeting. JONESBORO, AR (KAIT) - High-speed, broadband internet is coming to rural northeast Arkansas. On November 28, 1938, about 75 miles of line in the Valley View area, south of Jonesboro were energized. of Corporate Services before fulfilling his current position as CEO in 2007. Pleasecontact usfor assistance. 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. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. This program was designed to lend money to provide rural customers with electricity. of Corporate Services before fulfilling his current position as CEO in 2007. Save my name, email, and website in this browser for the next time I comment. Members are welcome to attend. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. Announcements. The locally owned and managed organization has 108 employees. . Sloan will succeed Brian Duncan following his . "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. % 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. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Address: PO BOX 555, Chimacum, WA 98325 Edit. Our mission is to responsibly deliver safe, reliable and affordable energy. Vernon Buddy Hasten, CEO of AECI/AECC, recognizes Brian Duncan for his years of service to the Mindy Smith, V-P of Accounting & Finance Administration. Incorporated in 1937, the cooperative operates offices in Jonesboro, Walnut Ridge and Paragould. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . 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. Article - III Directors. From 2006 until 2022, she was on the board of . 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. "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. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. Announcements. Board of Directors. God bless and stay safe , January/February 2023 Hotlines Newsletter, November/December 2022 Hotlines Newsletter. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Management Staff. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. 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 independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. 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. When Craighead Electric was approved by the REA, it became the second electric cooperative in Arkansas. Phone Number: (360) 385-7554 Edit. Member Driven Service Focused Its What We Do Everyday, Office (870) 932-8301 Report an Outage (888) 771-7772. General Powers. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. 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. Craighead Electric Cooperative Corporation Board of directors as of 02/07/2019 SOURCE: Self-reported by organization You have profile views left. Craighead Electric is proud to service over 32,000 members in eight counties in Northeast Arkansas. Led a team of 50+--including employees, subsidiary staff, vendors, contractors, and consultantsin building nearly 5K miles of fiber in less than 36 months . Nominations. Story Coffee House (501) 617-2432. Members receive the monthly Arkansas Living Magazine, which keeps them up to date on any activities and programs available through their cooperative. Duncan says he looks forward to spending his retirement with his wife, Teressa, their two sons, Brady and Tanner, and their grandson. 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. Please contact us if you need assistance purchasing this product in another country. Sloan will succeed Brian Duncan following his retirement in March.. Qualifications and Tenure. Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. Do you work for this business? Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Prices forced a significant uptick in acres in the Natural State. Sign up for free. 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. A. Wampler of Fair Oaks has served on the Woodruff Electric Board of Directors since 1972. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Name Craighead County Board of Elections Address 511 South Main Street Jonesboro, Arkansas, 72401 Phone 870-933-4520 Fax 870-933-4514. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. President . Sloan will succeed Brian Duncan following his retirement in March." Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. Lori Chandler. In 1975, he began serving on the Board of Directors for Arkansas Electric Cooperative Corporation (AECC), the generation and transmission cooperative serving Arkansas's 17 electric cooperatives. Published: Jul. Craighead County Agricultural Extension Agent A.R. Duncan has fulfilled many roles since he was first hired in 1978. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. 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. 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. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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%. Services were interrupted by straight-line winds in excess of eighty-five miles per hour, caused damage to approximately twenty-five poles. 12, 2022 at 8:17 PM PDT. 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. 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. 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. 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. MEET YOUR DIRECTOR. He served on the Board of Directors for Arkansas Electric Cooperative Corporation (AECC), Arkansas Electric Cooperatives, Inc. (AECI), Todays Power, Inc., and he was the past Chairman of the Board of Electric Research and Manufacturing Cooperative (ERMCO). 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. May 24, 2022. 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.. 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 effect of the rate change on individual consumers will vary depending on the class of service and the amount of electricity used. 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. 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. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . Section 2B. 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. 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. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. 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.