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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. 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! Section 1. Duncan has fulfilled many roles since he was first hired in 1978. Conference call is available at Emerson.com/Investors. Do you work for this business? 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 will succeed Brian Duncan following his retirement in March.. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. Our mission is to responsibly deliver safe, reliable and affordable energy. He also expressed faith in the future of the company, saying, Im confident that the Cooperative is in very, very good hands. of Corporate Services before fulfilling his current position as CEO in 2007. By 1970, Craighead Electric had 15 substations, currently, there are 21. Monday, Jan. 10, 2022 1:18 pm 1 min read. Thank you all for doing the great jobs keeping us in the light. When a membership is held jointly by a husband and wife, either one, but not both, maybe elected a director. 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. It was difficult to convince some of them that they should put up a $5 membership in an electric coop. Frank J . "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 . Residence Requirements for Directors. 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. May 24, 2022. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. Announcements. 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 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). Duncan has served the Cooperative for over 43 years. The person seeking such nomination may obtain more than one (1) copy of such petition. Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Police responded to the 600-block of Chesnut Street after 11 PM on January 14. Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. Board of Directors. 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. 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. []. About Craighead Electric. Jonesboro, AR. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. From 2006 until 2022, she was on the board of . Such petition shall be for a particular district and position. From 2017 until May 2019, Mr. Craighead served on the board of Baker Hughes, a GE company, following the combination of Baker Hughes with GE's oil and gas business. 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. The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. 2023 Emerson Electric Co. All rights reserved. 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. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. He also serves on the board of the Montana Center for International Visitors. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. Here are some ways to minimize the impact of the proposed rates. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. Section 3. | August 17, 2022 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. PEC has seven board directors that each serve three-year terms. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. "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. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. Sloan will succeed Brian Duncan following his retirement in March.. www.ecark.org SEVEN GUIDING PRINCIPLES 1 Voluntary and Open Membership Cooperatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership. 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. President Elect . Please enable JavaScript to use this website. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. 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. A membership drive soon began. 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. 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. President . 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. 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. 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. The effect of the rate change on individual consumers will vary depending on the class of service and the amount of electricity used. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. When Craighead Electric was approved by the REA, it became the second electric cooperative in Arkansas. As the days go on, I will remain your biggest fan and most vocalcheerleader.. No one even remembers who the lineman was. November/December 2022 Hotlines Newsletter: See the updated Membership Handbook, SmartHub Tips, and more. 12, 2022 at 8:17 PM PDT. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. Please contact us if you need assistance purchasing this product in another country. He and his family enjoy traveling, gardening, bicycling, and snow skiing. He and his family enjoy travelling, gardening, bicycling, and snow skiing. 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. Heather Cerda. Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. Management Staff. Craighead Electric Cooperative Corporation (CECC) strives to provide our members with safe, reliable and affordable electricity. Chairman of the Board of Directors, Terry Rorex, recognized Duncan in a presentation to employees, members, family and friends. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. In addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. Craighead Electric Names New Chief Executive Officer, ***No Longer Available for new installations. 1 - 50. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of 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.. 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. 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. . Kelly Craighead. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. At . No nominations will be accepted from the floor. 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. 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. 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%. Electric Cooperatives of Arkansas. Micheal Sullivan. Jonesboro, AR. Jeremiah Sloan, CEO . Qualifications and Tenure. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Craighead Electric Cooperative Corporation Board of directors as of 02/07/2019 SOURCE: Self-reported by organization You have profile views left. Pleasecontact usfor assistance. The guys from CE were very prompt, professional, thorough, and informative. Hes in jail. Y'all are the best! Along with providing electricity to our members, we provide other services such as energy audits and heating and cooling analysis on members residences and businesses. 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. Director, Emerson Electric Co. Back 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. Many farmers would drive for miles to visit with potential customers asking them if they would like electricity. He has fulfilled many roles since first hired in 1978. Craighead Electric Names New Chief Executive Officer. HCJ CPAs and Advisors, PLLC (870) 935-2871. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. The locally owned and managed organization has 100 employees. The co-ops rates have remained steady for more than a decade, but recent challenges affecting CECCs financial condition, including increased operating costs, plant growth due to increased electricity sales and inflation at large, have necessitated a change in electric rates. Duncan has fulfilled many roles since he was first hired in 1978. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. Sloan will succeed Brian Duncan following his retirement in March 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. Led a team of 50+--including employees, subsidiary staff, vendors, contractors, and consultantsin building nearly 5K miles of fiber in less than 36 months . 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%. He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. My responsibilities require me to oversee the day to day operations of the Fresh Meat Processing, Bakery Department, Deli . Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. Phone Number: (360) 385-7554 Edit. View PDF version by clicking on the Image. Mr. Craighead currently serves on the boards of directors of Texas Instruments Inc. and Emerson Electric Company. 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. Sullivant set up meetings of agricultural and community leaders to survey how many farmers in the county wanted electricity. No big gathering. @CraigheadCoop Thank you to all who are working tirelessly to keep families across NEA safe and warm. 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. Jan 12, 2022. 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. Terry Rorex, Board Chairman, 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. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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. Ceo in 2007 retail rates, which have not changed since may 2010 change individual!, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric signs!, are responsible for establishing the overall strategic direction of the Board of association! 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