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%. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. Representing District 1, J. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of 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. Section 2B. 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. You work very hard at a very dangerous job and I for one appreciate it very much. 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. 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. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. Jonesboro, AR. Announcements. 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. As the days go on, I will remain your biggest fan and most vocalcheerleader.. No nominations will be accepted from the floor. Frank J . He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. If implemented, these rates will impact members in different ways, depending on their lifestyle and situation. 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. 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. From 2006 until 2022, she was on the board of . Name Craighead County Board of Elections Address 511 South Main Street Jonesboro, Arkansas, 72401 Phone 870-933-4520 Fax 870-933-4514. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. Heather Cerda. Please enable JavaScript to use this website. 0. By 1970, Craighead Electric had 15 substations, currently, there are 21. We recommend you contact the office to verify the date/time of the meeting. Qualifications and Tenure. Here are some ways to minimize the impact of the proposed rates. 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 . Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. Board Refreshment and Diversity Recently added Martin Craighead, former In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. 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. Lori Chandler. When a membership is held jointly by a husband and wife, either one, but not both, maybe elected a director. 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. 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. Thank you all for doing the great jobs keeping us in the light. 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. 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. Sloan will succeed Brian Duncan following his retirement in March 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. 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! From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. . Lindsey Spencer. Led a team of 50+--including employees, subsidiary staff, vendors, contractors, and consultantsin building nearly 5K miles of fiber in less than 36 months . These charges are reflected as either debits or credits on members statements each month. Monday, Jan. 10, 2022 1:18 pm 1 min read. 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. 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. MEET YOUR DIRECTOR. JONESBORO, AR (KAIT) - High-speed, broadband internet is coming to rural northeast Arkansas. Sullivant set up meetings of agricultural and community leaders to survey how many farmers in the county wanted electricity. 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. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. Sloan will succeed Brian Duncan, who is retiring in March after 43 years working for Craighead Electric. Chairman of the board of Baker Hughes Inc., 2013-2017; chief executive officer, 2012-2017; and president, 2010-2017. . of Corporate Services before fulfilling his current position as CEO in 2007. Incorporated in 1937, the cooperative operates offices in Jonesboro, Walnut Ridge and Paragould. Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. 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. Management Staff. Thanks for signing up! Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. 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. 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. Craighead County Agricultural Extension Agent A.R. 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 . 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. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Duncan has served the Cooperative for over 43 years. Craighead Electric Cooperative Corporation Board of directors as of 02/07/2019 SOURCE: Self-reported by organization You have profile views left. 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. Sloan will succeed Brian Duncan following his retirement in March.. The cooperatives wholly owned subsidiary, empower, has 30 employees and serves just over 12,000 internet subscribers. This is known as a cost-of-service study. Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. 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. Craighead Electric Cooperative serves approximately 31,000 members in eight counties in Northeast Arkansas. Notify me of follow-up comments by email. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. Mr. Craighead currently serves on the boards of directors of Texas Instruments Inc. and Emerson Electric Company. He and his family enjoy travelling, gardening, bicycling, and snow skiing. 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. Section 3. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. Conference call is available at Emerson.com/Investors. After hiring an engineering firm, the cooperative would build 192 miles of power line in three counties. "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 . Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. 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. 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. All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. The person seeking such nomination may obtain more than one (1) copy of such petition. 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. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services companies. 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. On Tuesday . 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 . Mindy Smith, V-P of Accounting & Finance Administration. Member Driven Service Focused Its What We Do Everyday, Office (870) 932-8301 Report an Outage (888) 771-7772. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. CRAIGHEAD COUNTY, Ark. 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. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. At . Craighead Electric is proud to service over 32,000 members in eight counties in Northeast Arkansas. 1 - 50. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. 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. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. When Craighead Electric was approved by the REA, it became the second electric cooperative in Arkansas. 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. Craighead Electric Inc Contact Information. Sign up for free. 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. Police responded to the 600-block of Chesnut Street after 11 PM on January 14. 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. Our mission is to responsibly deliver safe, reliable and affordable energy. Y'all are the best! Few farmers knew nothing about electricity. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. President . (KAIT) - After a slew of hardships, a Region 8 electric company is looking toward a new solution that may impact you. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. Craighead most recently served as vice chairman of Baker Hughes. 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. Kent Madin. Story Coffee House (501) 617-2432. 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. . 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. Save my name, email, and website in this browser for the next time I comment. Sloan will succeed Brian Duncan following his retirement in March.". Board of Directors. There was no ceremony to herald the coming of electricity to rural Craighead County. Most had never used it. 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 Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. Applicants may access the nomination petition forms and application materials online, download them, and fill them out at their convenience. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. He has fulfilled many roles since first hired in 1978. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. 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. 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 Secretary will be responsible for assuring that the notice of the meeting is published in the Arkansas Living magazine. 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. He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. During his career at the Cooperative, Duncan completed National Rural Electric Cooperative Associations (NRECA) Key Account Executive Program and NRECAs Management Training. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. A cooperative exists to provide high-quality service at the lowest possible price. Thank you, and we wish you a great retirement.. General Powers. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. Members are welcome to attend. Section 2A. 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). We would like to thank Brian for his professional leadership and 44 years of outstanding dedicated service to Craighead Electric, he said. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. No speeches. 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. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. 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. Do you work for this business? Vernon Buddy Hasten, CEO of AECI/AECC, recognizes Brian Duncan for his years of service to the Box 400, Little Rock, Arkansas, 72203-0400. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Craighead Electric Names New Chief Executive Officer, ***No Longer Available for new installations. Micheal Sullivan. Please enable JavaScript to use this website. Members of Craighead Electric Cooperative will soon have access to "Empower", a subsidiary company. 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. 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. Duncan has fulfilled many roles since he was first hired in 1978. 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. Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. January/February 2023 Hotlines Newsletter: New SmartHub feature, Solar Ads information, and more. 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. Success Credit Union (870) 935-9336. Pleasecontact usfor assistance. A. Wampler of Fair Oaks has served on the Woodruff Electric Board of Directors since 1972. James S. TurleySt. January 6, 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.. Jan 12, 2022. Your email address will not be published. of Corporate Services before fulfilling his current position as CEO in 2007. Kelly Craighead. 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. Duncan says he looks forward to spending his retirement with his wife, Teressa, their two sons, Brady and Tanner, and their grandson. Please contact us if you need assistance purchasing this product in another country. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. % 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. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. Hes in jail. 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 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. 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