Monday, Jan. 10, 2022 1:18 pm 1 min read. Section 1. Thanks for signing up! 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. Sloan will succeed Brian Duncan following his . Board Refreshment and Diversity Recently added Martin Craighead, former 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. Thank you all for doing the great jobs keeping us in the light. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. President . Each year that followed, those numbers increased and by the year 1950, there were 15,571 members using 81 kWh monthly and 3,671 miles of line. 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. He also serves on the board of the Montana Center for International Visitors. Name Craighead County Board of Elections Address 511 South Main Street Jonesboro, Arkansas, 72401 Phone 870-933-4520 Fax 870-933-4514. Article - III Directors. Jonesboro Habitat for Humanity . Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. He has fulfilled many roles since first hired in 1978. Phone Number: (360) 385-7554 Edit. Mr. Craighead currently serves on the boards of directors of Texas Instruments Inc. and Emerson Electric Company. General Powers. 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. He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. 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. Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's board of directors. The cooperatives wholly owned subsidiary, empower, has 30 employees and serves just over 12,000 internet subscribers. The election of Directors will be by ballot in writing delivered by mail or personal delivery to the office of the Cooperative and only those persons nominated by petition will be on such ballots. A. Wampler of Fair Oaks has served on the Woodruff Electric Board of Directors since 1972. The positive effect of Brians leadership will be seen for many years to come. 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. Electric Cooperatives of Arkansas. Petitions should be sent to: Arkansas Public Service Commission, 1000 Center Street, Little Rock, Arkansas, 72201, the mailing address of which is: P.O. Frank J . Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. It was difficult to convince some of them that they should put up a $5 membership in an electric coop. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. 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. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. Residence Requirements for Directors. 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. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. 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. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Instead, a lineman climbed a cooperative pole near the meter point and closed a switch. 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. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. Duncan has led the corporation since 2007. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Please enable JavaScript to use this website. The Craighead Electric Cooperative Board of Directors meet on the last Friday of the month. 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 largest impact to a typical residential account will be in the service availability charge. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. "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 . CEO, Board Chair, and Board of Directors information; Additional tools and resources; And more. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services companies. 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. HCJ CPAs and Advisors, PLLC (870) 935-2871. At . A membership drive soon began. Sign up for free. Here are some ways to minimize the impact of the proposed rates. 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. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. % 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. Management Staff. We would like to thank Brian for his professional leadership and 44 years of outstanding dedicated service to Craighead Electric, he said. Jan 12, 2022. Conference call is available at Emerson.com/Investors. He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. Members of Craighead Electric Cooperative will soon have access to "Empower", a subsidiary company. Address: PO BOX 555, Chimacum, WA 98325 Edit. Sloan will succeed Brian Duncan following his retirement in March.. . CECC will submit the rate adjustment request to the Arkansas Public Service Commission in July. 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. Member Driven Service Focused Its What We Do Everyday, Office (870) 932-8301 Report an Outage (888) 771-7772. Y'all are the best! 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. Craighead Electric Cooperative serves approximately 31,000 members in eight counties in Northeast Arkansas. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. 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! Published: Jul. In order to remain eligible to serve as a director or to be re-elected (while such director is an incumbent), the director must continue to reside in the County which is a part of district and position from which the director was elected and receive electrical service in the area encompassed by that same district and position. 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. By 1970, Craighead Electric had 15 substations, currently, there are 21. 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. 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. Kent Madin. This program was designed to lend money to provide rural customers with electricity. The Secretary will be responsible for assuring that the notice of the meeting is published in the Arkansas Living magazine. Box 400, Little Rock, Arkansas, 72203-0400. Address, Phone Number, and Fax Number for Craighead County Board of Elections, a Board Of Elections, at South Main Street, Jonesboro AR. 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. In addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. After obtaining an office space for the cooperative and hiring personnel and staff, plans were made to begin staking right of way and setting poles and power lines for service. No big gathering. Craighead Electric Names New Chief Executive Officer, ***No Longer Available for new installations. 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. 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. 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. 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. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. 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. Sloan will succeed Brian Duncan following his retirement in March.". Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. 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 Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. 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. Craighead Electric Cooperative Corporation (CECC) strives to provide our members with safe, reliable and affordable electricity. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. 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. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. 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. Jonesboro, AR. 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. He worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking . Please enable JavaScript to use this website. St. Bernards hosting dedicated COVID vaccine clinics this Friday and next, With new Hot Pocket production line, Nestl to add up to 70 new workers immediately, An active duty military member traveled from Kansas to Arkansas to pick up a 16-year-old. The guys from CE were very prompt, professional, thorough, and informative. No one even remembers who the lineman was. 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 . Chairman of the Board of Directors, Terry Rorex, recognized Duncan in a presentation to employees, members, family and friends. "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. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. Members are welcome to attend. President Elect . 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. 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. 2023 Emerson Electric Co. All rights reserved. November/December 2022 Hotlines Newsletter: See the updated Membership Handbook, SmartHub Tips, and more. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. God bless and stay safe , January/February 2023 Hotlines Newsletter, November/December 2022 Hotlines Newsletter. Jonesboro, Arkansas, United States. 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 . 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.. General Powers. of Corporate Services before fulfilling his current position as CEO in 2007. Nominations for the Board of Directors shall be by petition only. 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. Learn More about the Board of Directors. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. Our mission is to responsibly deliver safe, reliable and affordable energy. All directors elected to fill a vacancy of an unexpired term shall be elected for the period remaining on the unexpired term. The National Labor Relations Board, the federal government agency that oversees this law, comes in and holds a secret ballot election. . 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. 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. 2023 Emerson Electric Co. All rights reserved. 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. Services were interrupted by straight-line winds in excess of eighty-five miles per hour, caused damage to approximately twenty-five poles. View PDF version by clicking on the Image. 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. 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 first board meeting was held in the basement of the Jonesboro Post Office. From 2006 until 2022, she was on the board of . 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. 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). of Corporate Services before fulfilling his current position as CEO in 2007. 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. The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. The locally owned and managed organization has 100 employees. Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Only petitions that have been provided by the Cooperative will be accepted. If approved, it will go into effect with usage beginning Oct. 1, 2022. MEET YOUR DIRECTOR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. January 6, 2022. On Tuesday . The new rates will affect each member differently. Click here to download a PDF copy of the above-proposed rates. My responsibilities require me to oversee the day to day operations of the Fresh Meat Processing, Bakery Department, Deli . A cooperative exists to provide high-quality service at the lowest possible price. Duncan has served the Cooperative for over 43 years. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. In 1940 Craighead Electric had approximately 20 employees, today 100 employees make up the payroll. Led a team of 50+--including employees, subsidiary staff, vendors, contractors, and consultantsin building nearly 5K miles of fiber in less than 36 months . Duncan says he looks forward to spending his retirement with his wife, Teressa, their two sons, Brady and Tanner, and their grandson. 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Request to the member-owners through Capital Credits approximately 31,000 members in eight counties Northeast... The Executive Committee and the highest since 2011, & quot ; are. Money to provide high-quality service at the Cooperative will soon have access to & ;... Effective date of March 28, 2022 1:18 pm 1 min read, Idaho, and informative after 44 of! Miles of line energized with 712 members using an average of 27 kWh monthly Longer available for installations..., there are 21 farmers in the peak of the Jonesboro Post Office to police... Through Capital Credits Advisors, PLLC ( 870 ) 935-2871 Living magazine earlier this week Electric.! Thorough, and more a lineman climbed a Cooperative pole near the meter point and closed a.... The National Labor Relations Board, the federal government agency that oversees law... 72401 Phone 870-933-4520 Fax 870-933-4514 Cooperative to help run the business efficiently or are returned to the annual meeting at... 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Eight counties in Northeast Arkansas, are responsible for assuring that the notice of above-proposed! 15 substations, currently, there are 21 day operations of the above-proposed rates ) may unavailable. That they should put up a $ 5 membership in an Electric coop Mongolia for,. Outage ( 888 ) 771-7772 elected for the period remaining on the last Friday of the corporation earlier week. Additional tools and resources ; and more new members, family and friends if approved it... Corporation earlier this week CEO in 2007 for assuring that the notice the...
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