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. On Tuesday . Electric Cooperatives of Arkansas. PEC has seven board directors that each serve three-year terms. 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. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. 1 - 50. of Corporate Services before fulfilling his current position as CEO in 2007. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. To be placed on the ballot, the petitioner must obtain the signature of no less than fifteen (15) current members of the Cooperative on the petition(s). Phone Number: (360) 385-7554 Edit. A cooperative exists to provide high-quality service at the lowest possible price. 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. Do you work for this business? This had a great impact on farmers and families working and living on county roads that other power companies would not provide service too. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. . No nominations will be accepted from the floor. All directors elected to fill a vacancy of an unexpired term shall be elected for the period remaining on the unexpired term. Sullivant set up meetings of agricultural and community leaders to survey how many farmers in the county wanted electricity. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services companies. No speeches. 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. 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. January/February 2023 Hotlines Newsletter: New SmartHub feature, Solar Ads information, and more. All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. By 1970, Craighead Electric had 15 substations, currently, there are 21. 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! "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. Such petition shall be for a particular district and position. Sloan will succeed Brian Duncan following his . em power, Delivered by Craighead Electric, is a wholly-owned subsidiary of CECC that will offer lightning-fast internet, crystal-clear phone, and ultra-HD . At . He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. 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. View PDF version by clicking on the Image. Duncan has fulfilled many roles since he was first hired in 1978. 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. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. Nominations for the Board of Directors shall be by petition only. Click here to download a PDF copy of the above-proposed rates. Duncan addressed the Cooperative, I would like to thank my dad for giving him the kick that he needed to get a job at the Cooperative at age 18. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Craighead Electric is headquartered in Jonesboro and operates two full-service district offices located in Paragould and Walnut Ridge. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Story Coffee House (501) 617-2432. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Mindy Smith, V-P of Accounting & Finance Administration. Sloan will succeed Brian Duncan following his retirement in March.. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. On November 28, 1938, about 75 miles of line in the Valley View area, south of Jonesboro were energized. 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 . Box 400, Little Rock, Arkansas, 72203-0400. (KAIT) - After a slew of hardships, a Region 8 electric company is looking toward a new solution that may impact you. 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. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. God bless and stay safe , January/February 2023 Hotlines Newsletter, November/December 2022 Hotlines Newsletter. 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. Independent Directors James S. Turley St. Louis, Missouri, United States Chair of the Board, Emerson Retired Chairman and CEO, Ernst & Young Board Appointment Year: 2013 Committees: Audit, Corporate Governance and Nominating, Executive. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. 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. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. MEET YOUR DIRECTOR. President Elect . 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. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 | MH Magazine WordPress Theme by MH Themes, Report: Suspect pulled victims hair out and attempted to shoot her, Traffic stop leads to cocaine, LSD arrests, Chancellor Announces Update on College of Veterinary Medicine Project, JPD investigating shooting from early Tuesday, New Masters Degree at A-State Features Applied Digital Technology, Kansas man arrested for coming to Arkansas to pick up teen, St. Bernards Healthcare Releases COVID-19 Plan, West Memphis Three still seek justice 11 years after their release from prison, Report: Suspect pulled victim's hair out and attempted to shoot her, Mercado had been previously arrested for battery - by WRPD, Homicide investigation after body found in burning vehicle, 126 years in prison for woman who murdered 8-year-old. [], Procedures are in place to facilitate early identification of patients at risk for COVID-19 so they can receive prompt treatment and quickly be isolated from other patients and visitors to reduce the risk of transmission, said Dr. Kasey Holder, VP of Medical Affairs [], JONESBORO, Ark. 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. Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. 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. Craighead Electric is proud to service over 32,000 members in eight counties in Northeast Arkansas. "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 . The National Labor Relations Board, the federal government agency that oversees this law, comes in and holds a secret ballot election. From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . 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. If approved, it will go into effect with usage beginning Oct. 1, 2022. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. 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. He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. Pleasecontact usfor assistance. High-speed, locally-owned internet service for your neck of the woods. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. He worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking . We would like to thank Brian for his professional leadership and 44 years of outstanding dedicated service to Craighead Electric, he said. Jeremiah Sloan, CEO . 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. 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! He is succeeded by Jeremiah Sloan, former COO of empower Broadband. Frank J . Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. Thank you, and we wish you a great retirement.. When Craighead Electric was approved by the REA, it became the second electric cooperative in Arkansas. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. General Powers. Here are some ways to minimize the impact of the proposed rates. 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. Craighead Electric Inc Contact Information. Craighead earned a bachelors degree in petroleum and natural gas engineering from Pennsylvania State University and a masters degree in business administration from Vanderbilt University. 2023 Emerson Electric Co. All rights reserved. To apply for loans from REA, a corporation needed 612 members and each member would be asked to put up a $5 membership fee, this was a requirement by REA. If you are on Craighead Electric and your bill was higher than normal like our $650 one, I highly recommend you request an energy audit. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Mark A. Blinn Dallas, Texas, United States Former CEO, President and Director of Flowserve Corporation Board Appointment Year: 2019 Committee: Audit, Compensation About Craighead Electric. 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. There was no ceremony to herald the coming of electricity to rural Craighead County. . 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. As the days go on, I will remain your biggest fan and most vocalcheerleader.. He and his family enjoy traveling, gardening, bicycling, and snow skiing. The co-ops rates have remained steady for more than a decade, but recent challenges affecting CECCs financial condition, including increased operating costs, plant growth due to increased electricity sales and inflation at large, have necessitated a change in electric rates. Applicants may access the nomination petition forms and application materials online, download them, and fill them out at their convenience. He also expressed faith in the future of the company, saying, Im confident that the Cooperative is in very, very good hands. 2 Democratic Member Control Cooperatives are democratic . Notify me of follow-up comments by email. Craighead Electric Names New Chief Executive Officer. Pleasecontact usfor assistance. Learn More about the Board of Directors. 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 . Micheal Sullivan. After hiring an engineering firm, the cooperative would build 192 miles of power line in three counties. Duncan has led the corporation since 2007. During his career at the Cooperative, Duncan completed National Rural Electric Cooperative Associations (NRECA) Key Account Executive Program and NRECAs Management Training. 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. 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. 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. Success Credit Union (870) 935-9336. Director, Emerson Electric Co. Back If implemented, these rates will impact members in different ways, depending on their lifestyle and situation. 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. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. The locally owned and managed organization has 100 employees. Craighead Electric Names New Chief Executive Officer. Craighead Electric Names New Chief Executive Officer, ***No Longer Available for new installations. Save my name, email, and website in this browser for the next time I comment. The guys from CE were very prompt, professional, thorough, and informative. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. of Corporate Services before fulfilling his current position as CEO in 2007. Craighead Electric Cooperative serves approximately 31,000 members in eight counties in Northeast Arkansas. Chairman of the Board of Directors, Terry Rorex, recognized Duncan in a presentation to employees, members, family and friends. Qualifications and Tenure. 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. 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. 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. In addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. The effect of the rate change on individual consumers will vary depending on the class of service and the amount of electricity used. 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 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. Thank you all for doing the great jobs keeping us in the light. Vernon Buddy Hasten, CEO of AECI/AECC, recognizes Brian Duncan for his years of service to the Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. No big gathering. Our mission is to responsibly deliver safe, reliable and affordable energy. Duncan has served the Cooperative for over 43 years. Since 2018, Ms. Catalano has served on the board of directors of Frontdoor, Inc., where she is the chair of the Compensation Committee. James S. TurleySt. Please enable JavaScript to use this website. In 1940 Craighead Electric had approximately 20 employees, today 100 employees make up the payroll. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. You work very hard at a very dangerous job and I for one appreciate it very much. 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. 0. Only petitions that have been provided by the Cooperative will be accepted. Led a team of 50+--including employees, subsidiary staff, vendors, contractors, and consultantsin building nearly 5K miles of fiber in less than 36 months . Board of Directors. He and his family enjoy travelling, gardening, bicycling, and snow skiing. Residence Requirements for Directors. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. Heather Cerda. This program was designed to lend money to provide rural customers with electricity. Thanks for signing up! It is often referred to as a minimum bill. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. 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. 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. 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. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. 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. 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 person seeking such nomination may obtain more than one (1) copy of such petition. No one even remembers who the lineman was. Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's board of directors. The locally owned and managed organization has 108 employees. Lindsey Spencer. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. Craighead most recently served as vice chairman of Baker Hughes. From 2006 until 2022, she was on the board of . May 24, 2022. Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. Address: PO BOX 555, Chimacum, WA 98325 Edit. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. Jonesboro, AR. General Powers. Craighead County Agricultural Extension Agent A.R. Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. He has fulfilled many roles since first hired in 1978. 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. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. HCJ CPAs and Advisors, PLLC (870) 935-2871. Announcements. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. These charges are reflected as either debits or credits on members statements each month. CRAIGHEAD COUNTY, Ark. 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. Hes in jail. . Section 2A. , thorough, and more sustainable such nomination may obtain more than one ( 1 copy! 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