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%. He worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking . The Craighead Electric Cooperative Board of Directors meet on the last Friday of the month. Monday, Jan. 10, 2022 1:18 pm 1 min read. Sloan will succeed Brian Duncan, who is retiring in March after 43 years working for Craighead Electric. Board of Directors. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. Craighead Electric Cooperative serves approximately 31,000 members in eight counties in Northeast Arkansas. 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. The largest impact to a typical residential account will be in the service availability charge. Jonesboro, AR. All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. 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. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. 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 . The positive effect of Brians leadership will be seen for many years to come. 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. Y'all are the best! Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. 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. 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. Duncan has fulfilled many roles since he was first hired in 1978. MEET YOUR DIRECTOR. Since 2018, Ms. Catalano has served on the board of directors of Frontdoor, Inc., where she is the chair of the Compensation Committee. Jonesboro Habitat for Humanity . Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. Heather Cerda. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. Nominations. 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. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. Mark A. Blinn Dallas, Texas, United States Former CEO, President and Director of Flowserve Corporation Board Appointment Year: 2019 Committee: Audit, Compensation 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 . Here are some ways to minimize the impact of the proposed rates. No speeches. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. During his career at the Cooperative, Duncan completed National Rural Electric Cooperative Associations (NRECA) Key Account Executive Program and NRECAs Management Training. It is often referred to as a minimum bill. 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. He has fulfilled many roles since first hired in 1978. 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. 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 . Pleasecontact usfor assistance. Micheal Sullivan. In 1940 Craighead Electric had approximately 20 employees, today 100 employees make up the payroll. He also serves on the board of the Montana Center for International Visitors. 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. 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. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. Section 2A. Members receive the monthly Arkansas Living Magazine, which keeps them up to date on any activities and programs available through their cooperative. @CraigheadCoop Thank you to all who are working tirelessly to keep families across NEA safe and warm. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. 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. Sloan will succeed Brian Duncan following his retirement in March.. As the days go on, I will remain your biggest fan and most vocalcheerleader.. 12, 2022 at 8:17 PM PDT. 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. Pleasecontact usfor assistance. No big gathering. Craighead Electric Cooperative Corp. (870) 336-4404. On Tuesday . Box 400, Little Rock, Arkansas, 72203-0400. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services companies. 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. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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. January/February 2023 Hotlines Newsletter: New SmartHub feature, Solar Ads information, and more. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. 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. 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. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. Members are welcome to attend. Mindy Smith, V-P of Accounting & Finance Administration. President Elect . The person seeking such nomination may obtain more than one (1) copy of such petition. Such petition shall be for a particular district and position. These charges are reflected as either debits or credits on members statements each month. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . Notify me of follow-up comments by email. The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. 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. 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. Craighead Electric Cooperative Corporation (CECC) strives to provide our members with safe, reliable and affordable electricity. He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. 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. Nominations for the Board of Directors shall be by petition only. 0. Success Credit Union (870) 935-9336. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. 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 cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. 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. At the end of 1938, Craighead Electric had 170 miles of line energized with 712 members using an average of 27 kWh monthly. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services . Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. 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. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . []. Strives to provide our members with safe, reliable and affordable electricity the effect! 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