Jonesboro, AR. 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. 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. No one even remembers who the lineman was. 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. 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 . Box 400, Little Rock, Arkansas, 72203-0400. He and his family enjoy travelling, gardening, bicycling, and snow skiing. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. God bless and stay safe , January/February 2023 Hotlines Newsletter, November/December 2022 Hotlines Newsletter. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. The largest impact to a typical residential account will be in the service availability charge. Thank you all for doing the great jobs keeping us in the light. CECC will submit the rate adjustment request to the Arkansas Public Service Commission in July. 12, 2022 at 8:17 PM PDT. Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's board of directors. 0. Mark A. Blinn Dallas, Texas, United States Former CEO, President and Director of Flowserve Corporation Board Appointment Year: 2019 Committee: Audit, Compensation Some farmers did not have $5 but they wanted electricity, so instead, they gave chickens, eggs and other farm produce for their membership. There was no ceremony to herald the coming of electricity to rural Craighead County. (KAIT) - After a slew of hardships, a Region 8 electric company is looking toward a new solution that may impact you. If approved, it will go into effect with usage beginning Oct. 1, 2022. Board of Directors. Such petition shall be for a particular district and position. Conference call is available at Emerson.com/Investors. Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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). President . 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. 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. Notify me of follow-up comments by email. Section 3. Sloan will succeed Brian Duncan following his retirement in March.". Independent & inside Board of Directors members. 2 Democratic Member Control Cooperatives are democratic . Vernon Buddy Hasten, CEO of AECI/AECC, recognizes Brian Duncan for his years of service to the He also serves on the board of the Montana Center for International Visitors. Sloan will succeed Brian Duncan, who is retiring in March after 43 years working for 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. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. 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 Cooperative is a member-owned not-for-profit electric company incorporated in 1937. 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. 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. HCJ CPAs and Advisors, PLLC (870) 935-2871. This program was designed to lend money to provide rural customers with electricity. Section 2A. Pleasecontact usfor assistance. As the days go on, I will remain your biggest fan and most vocalcheerleader.. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. In 1940 Craighead Electric had approximately 20 employees, today 100 employees make up the payroll. 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. On November 28, 1938, about 75 miles of line in the Valley View area, south of Jonesboro were energized. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. A cooperative exists to provide high-quality service at the lowest possible price. Monday, Jan. 10, 2022 1:18 pm 1 min read. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. Sloan will succeed Brian Duncan following his retirement in March.. He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. 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. In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. The National Labor Relations Board, the federal government agency that oversees this law, comes in and holds a secret ballot election. He also expressed faith in the future of the company, saying, Im confident that the Cooperative is in very, very good hands. 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 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 . While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. MEET YOUR DIRECTOR. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. Craighead Electric is headquartered in Jonesboro and operates two full-service district offices located in Paragould and Walnut Ridge. 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. Qualifications and Tenure. 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. . PEC has seven board directors that each serve three-year terms. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. . 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. 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. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . Hes in jail. Craighead Electric Cooperative Corporation Board of directors as of 02/07/2019 SOURCE: Self-reported by organization You have profile views left. 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. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . 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. The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. 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. Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. 1 - 50. 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. View PDF version by clicking on the Image. November/December 2022 Hotlines Newsletter: See the updated Membership Handbook, SmartHub Tips, and more. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. James S. TurleySt. 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! 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. We recommend you contact the office to verify the date/time of the meeting. 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