Duncan has fulfilled many roles since he was first hired in 1978. Since the beginning, Craighead Electric Cooperative is a not-for-profit corporation and is only in business to provide a reliable and low-cost source of electricity to our membership. Box 400, Little Rock, Arkansas, 72203-0400. Published: Jul. A cooperative exists to provide high-quality service at the lowest possible price. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Frank J . Chairman of the Board of Directors, Terry Rorex, recognized Duncan in a presentation to employees, members, family and friends. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. 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. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. 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. Thanks for signing up! 12, 2022 at 8:17 PM PDT. He and his family enjoy traveling, gardening, bicycling, and snow skiing. 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. 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%. Lindsey Spencer. Police responded to the 600-block of Chesnut Street after 11 PM on January 14. Members of Craighead Electric Cooperative will soon have access to "Empower", a subsidiary company. At the end of 1938, Craighead Electric had 170 miles of line energized with 712 members using an average of 27 kWh monthly. 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. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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. The new rates will affect each member differently. Section 2A. James S. TurleySt. 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%. 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. President . Jan 12, 2022. He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . Kelly Craighead. Jonesboro Habitat for Humanity . 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. Announcements. Craighead Electric Cooperative Corporation Board of directors as of 02/07/2019 SOURCE: Self-reported by organization You have profile views left. 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. View PDF version by clicking on the Image. Craighead Electric Inc Contact Information. Please enable JavaScript to use this website. The guys from CE were very prompt, professional, thorough, and informative. Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. 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! 2 Democratic Member Control Cooperatives are democratic . Jeremiah Sloan, CEO . He also serves on the board of the Montana Center for International Visitors. 2023 Emerson Electric Co. All rights reserved. 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 independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. 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. Johnson, Vt - Vermont Electric Co-op (VEC) is seeking petitions from eligible candidates for three board of directors' seats that are up for election in May. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. Kent Madin. 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. When a membership is held jointly by a husband and wife, either one, but not both, maybe elected a director. 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. of Corporate Services before fulfilling his current position as CEO in 2007. 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. He and his family enjoy travelling, gardening, bicycling, and snow skiing. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. 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. Learn More about the Board of Directors. Many farmers would drive for miles to visit with potential customers asking them if they would like electricity. 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 cost-of-service study or the decision to propose new rates. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. Duncan has led the corporation since 2007. The locally owned and managed organization has 108 employees. Here are some ways to minimize the impact of the proposed rates. Member Driven Service Focused Its What We Do Everyday, Office (870) 932-8301 Report an Outage (888) 771-7772. January 6, 2022. Electric Cooperatives of Arkansas. 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 . Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. 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. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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. The National Labor Relations Board, the federal government agency that oversees this law, comes in and holds a secret ballot election. 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. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. Craighead Electric Cooperative Corp. (870) 336-4404. As the days go on, I will remain your biggest fan and most vocalcheerleader.. 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. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Craighead Electric Names New Chief Executive Officer. Such petition shall be for a particular district and position. Only petitions that have been provided by the Cooperative will be accepted. CECC will submit the rate adjustment request to the Arkansas Public Service Commission in July. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. 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 . 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. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. After obtaining an office space for the cooperative and hiring personnel and staff, plans were made to begin staking right of way and setting poles and power lines for service. 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. 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. @CraigheadCoop Really proud of the work you guys are doing with the new solar array and the new high speed internet access. Few farmers knew nothing about electricity. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. 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. All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. 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. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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 . He worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking . HCJ CPAs and Advisors, PLLC (870) 935-2871. The effect of the rate change on individual consumers will vary depending on the class of service and the amount of electricity used. Thank you, and we wish you a great retirement.. 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. Please contact us if you need assistance purchasing this product in another country. Hes in jail. 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. During his career at the Cooperative, Duncan completed National Rural Electric Cooperative Associations (NRECA) Key Account Executive Program and NRECAs Management Training. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Nominations. . Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. 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. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. Nothing contained in this section shall or shall be construed to affect in any manner whatsoever the validity of an action taken at any meeting of the Board of Directors. 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. 0. 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 Electric Cooperative serves approximately 31,000 members in eight counties in Northeast Arkansas. General Powers. Sloan will succeed Brian Duncan following his retirement in March.. 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.. Awards recognizes Emersons leading global industrial software and IoT expertise provided through the power of Plantweb with AspenTech. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. "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 served the Cooperative for over 43 years. 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. This program was designed to lend money to provide rural customers with electricity. Petitions should be sent to: Arkansas Public Service Commission, 1000 Center Street, Little Rock, Arkansas, 72201, the mailing address of which is: P.O. 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. Board Refreshment and Diversity Recently added Martin Craighead, former Please enable JavaScript to use this website. 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. Our mission is to responsibly deliver safe, reliable and affordable energy. Duncan says he looks forward to spending his retirement with his wife, Teressa, their two sons, Brady and Tanner, and their grandson. . Success Credit Union (870) 935-9336. If implemented, these rates will impact members in different ways, depending on their lifestyle and situation. The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 2022. Our mission is to responsibly deliver safe, reliable and affordable energy. CEO, Board Chair, and Board of Directors information; Additional tools and resources; And more. Prices forced a significant uptick in acres in the Natural State. Mindy Smith, V-P of Accounting & Finance Administration. Micheal Sullivan. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Applicants may access the nomination petition forms and application materials online, download them, and fill them out at their convenience. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. 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. 2023 Emerson Electric Co. All rights reserved. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. 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. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. Duncan has fulfilled many roles since he was first hired in 1978. Sloan will succeed Brian Duncan following his retirement in March." Thank you all for doing the great jobs keeping us in the light. General Powers. No one even remembers who the lineman was. 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. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. Management Staff. 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 . Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Sloan will succeed Brian Duncan following his retirement in March . It is often referred to as a minimum bill. Most had never used it. 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. 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. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. Craighead most recently served as vice chairman of Baker Hughes. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. Jonesboro, Arkansas, United States. Section 3. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. Please contact us if you need assistance purchasing this product in another country. Monday, Jan. 10, 2022 1:18 pm 1 min read. 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