He is the recipient of the C. Drew Stahl Distinguished Achievement Award at Penn State and actively serves his community through a variety of charitable organizations. Petitions should be sent to: Arkansas Public Service Commission, 1000 Center Street, Little Rock, Arkansas, 72201, the mailing address of which is: P.O. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. Police responded to the 600-block of Chesnut Street after 11 PM on January 14. Notify me of follow-up comments by email. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . 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). From 2006 until 2022, she was on the board of . 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.. HCJ CPAs and Advisors, PLLC (870) 935-2871. . The first board meeting was held in the basement of the Jonesboro Post Office. Few farmers knew nothing about electricity. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. We recommend you contact the office to verify the date/time of the meeting. He and his family enjoy travelling, gardening, bicycling, and snow skiing. From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . At . While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. 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. When a membership is held jointly by a husband and wife, either one, but not both, maybe elected a director. | August 17, 2022 Save my name, email, and website in this browser for the next time I comment. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. General Powers. The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. Section 2B. He also expressed faith in the future of the company, saying, Im confident that the Cooperative is in very, very good hands. Lindsey Spencer. The new rates will affect each member differently. Kelly Craighead. 2023 Emerson Electric Co. All rights reserved. Please enable JavaScript to use this website. 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. Heather Cerda. 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. 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. All directors elected to fill a vacancy of an unexpired term shall be elected for the period remaining on the unexpired term. Y'all are the best! 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. On Tuesday . Instead, a lineman climbed a cooperative pole near the meter point and closed a switch. 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. Nominations. 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. 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. You work very hard at a very dangerous job and I for one appreciate it very much. 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. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. (KAIT) - After a slew of hardships, a Region 8 electric company is looking toward a new solution that may impact you. All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. At the end of 1938, Craighead Electric had 170 miles of line energized with 712 members using an average of 27 kWh monthly. 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. Craighead Electric Names New Chief Executive Officer. Phone Number: (360) 385-7554 Edit. January/February 2023 Hotlines Newsletter: New SmartHub feature, Solar Ads information, and more. "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 . Duncan has led the corporation since 2007. Some farmers did not have $5 but they wanted electricity, so instead, they gave chickens, eggs and other farm produce for their membership. Director, Emerson Electric Co. Back 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. Announcements. Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. Duncan says he looks forward to spending his retirement with his wife, Teressa, their two sons, Brady and Tanner, and their grandson. Members are welcome to attend. 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 . The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Jeremiah Sloan, CEO . Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. Pleasecontact usfor assistance. Such petition shall be for a particular district and position. By 1970, Craighead Electric had 15 substations, currently, there are 21. Applicants may access the nomination petition forms and application materials online, download them, and fill them out at their convenience. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. 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. 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. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Article - III Directors. 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 implemented, these rates will impact members in different ways, depending on their lifestyle and situation. Sloans educational background includes a Master of Science in Electrical Engineering from the University of Kentucky, a Bachelor of Science in Electrical Engineering from Tennessee State University, a Graduate Certificate in Power and Energy from the Power and Energy Institute of Kentucky, and completion of the Robert I Kabat Management Internship Program. Thank you, and we wish you a great retirement.. 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. It is often referred to as a minimum bill. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. 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. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. 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. Nominations for the Board of Directors shall be by petition only. Success Credit Union (870) 935-9336. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. Electric Cooperatives of Arkansas. President Elect . The person seeking such nomination may obtain more than one (1) copy of such petition. Board of Directors. Lori Chandler. No big gathering. % 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. Jonesboro Habitat for Humanity . 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 addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. The locally owned and managed organization has 100 employees. 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 . 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 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%. About Craighead Electric. 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. 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. Sloan will succeed Brian Duncan following his retirement in March.. 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. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of 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. View PDF version by clicking on the Image. 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 . 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.
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