The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. On Tuesday . Electric Cooperatives of Arkansas. Story Coffee House (501) 617-2432. Address, Phone Number, and Fax Number for Craighead County Board of Elections, a Board Of Elections, at South Main Street, Jonesboro AR. Kelly Craighead. Our mission is to responsibly deliver safe, reliable and affordable energy. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services . General Powers. 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. 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. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. 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. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. 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. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. Y'all are the best! "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. 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. Sloan will succeed Brian Duncan following his retirement in March.. 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. Please enable JavaScript to use this website. Craighead Electric Names New Chief Executive Officer. Here are some ways to minimize the impact of the proposed rates. Members of Craighead Electric Cooperative will soon have access to "Empower", a subsidiary company. Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. 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. 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. This had a great impact on farmers and families working and living on county roads that other power companies would not provide service too. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. 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. Craighead Electric is headquartered in Jonesboro and operates two full-service district offices located in Paragould and Walnut Ridge. 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. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. Services were interrupted by straight-line winds in excess of eighty-five miles per hour, caused damage to approximately twenty-five poles. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. The Secretary will be responsible for assuring that the notice of the meeting is published in the Arkansas Living magazine. 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. Duncan has served the Cooperative for over 43 years. 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. Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. "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 . Prices forced a significant uptick in acres in the Natural State. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. Conference call is available at Emerson.com/Investors. 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. My responsibilities require me to oversee the day to day operations of the Fresh Meat Processing, Bakery Department, Deli . Micheal Sullivan. of Corporate Services before fulfilling his current position as CEO in 2007. @CraigheadCoop Really proud of the work you guys are doing with the new solar array and the new high speed internet access. He worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking . He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. 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! It is a distribution cooperative, meaning that it does not generate its own power, but rather purchase electricity wholesale and distributes it to members within its service territory. Heather Cerda. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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 and his family enjoy travelling, gardening, bicycling, and snow skiing. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. 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. No speeches. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. [], Procedures are in place to facilitate early identification of patients at risk for COVID-19 so they can receive prompt treatment and quickly be isolated from other patients and visitors to reduce the risk of transmission, said Dr. Kasey Holder, VP of Medical Affairs [], JONESBORO, Ark. When Craighead Electric was approved by the REA, it became the second electric cooperative in Arkansas. For purposes of these bylaws, the term, first elected shall mean the election of a director in accordance with the bylaws when that director is not an incumbent at the time of his/her election. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. Lindsey Spencer. The largest impact to a typical residential account will be in the service availability charge. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . Director, Emerson Electric Co. Back 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. 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. Do you work for this business? Such petition shall be for a particular district and position. Thank you, and we wish you a great retirement.. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. Section 1. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. 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. 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. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. 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. Section 3. Sloan will succeed Brian Duncan following his retirement in March.. Mindy Smith, V-P of Accounting & Finance Administration. Board Refreshment and Diversity Recently added Martin Craighead, former 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. Duncan has served the Cooperative for over 43 years. Jonesboro, AR. 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. It was difficult to convince some of them that they should put up a $5 membership in an electric coop. 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. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. . Please contact us if you need assistance purchasing this product in another country. President Elect . 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 will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . The person seeking such nomination may obtain more than one (1) copy of such petition. 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 . Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. High-speed, locally-owned internet service for your neck of the woods. (KAIT) - After a slew of hardships, a Region 8 electric company is looking toward a new solution that may impact you. 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 . 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. This program was designed to lend money to provide rural customers with electricity. For more information visit Emerson.com. Sloan will succeed Brian Duncan following his retirement in March." All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. 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. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. A cooperative exists to provide high-quality service at the lowest possible price. Residence Requirements for Directors. []. Management Staff. 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 . Incorporated in 1937, the cooperative operates offices in Jonesboro, Walnut Ridge and Paragould. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. Since 2018, Ms. Catalano has served on the board of directors of Frontdoor, Inc., where she is the chair of the Compensation Committee. No big gathering. CECC will submit the rate adjustment request to the Arkansas Public Service Commission in July. These charges are reflected as either debits or credits on members statements each month. HCJ CPAs and Advisors, PLLC (870) 935-2871. Kent Madin. 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 . Notify me of follow-up comments by email. 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. Board of Directors. 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. Only petitions that have been provided by the Cooperative will be accepted. 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. A. Wampler of Fair Oaks has served on the Woodruff Electric Board of Directors since 1972. Duncan has led the corporation since 2007. 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. 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. 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. 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. The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 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.. 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). JONESBORO, AR (KAIT) - High-speed, broadband internet is coming to rural northeast Arkansas. Success Credit Union (870) 935-9336. Name Craighead County Board of Elections Address 511 South Main Street Jonesboro, Arkansas, 72401 Phone 870-933-4520 Fax 870-933-4514. 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. Announcements. Craighead Electric is proud to service over 32,000 members in eight counties in Northeast Arkansas. 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. Craighead Electric Cooperative Corporation (CECC) strives to provide our members with safe, reliable and affordable electricity. 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! He also expressed faith in the future of the company, saying, Im confident that the Cooperative is in very, very good hands. The Craighead Electric Cooperative Board of Directors meet on the last Friday of the month. of Corporate Services before fulfilling his current position as CEO in 2007. 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%. 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. He has fulfilled many roles since first hired in 1978. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. The locally owned and managed organization has 108 employees. Instead, a lineman climbed a cooperative pole near the meter point and closed a switch. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. 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. Pleasecontact usfor assistance. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. As the days go on, I will remain your biggest fan and most vocalcheerleader.. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. 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. 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. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. Members are welcome to attend. CEO, Board Chair, and Board of Directors information; Additional tools and resources; And more. 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. Please enable JavaScript to use this website. 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 . God bless and stay safe , January/February 2023 Hotlines Newsletter, November/December 2022 Hotlines Newsletter. Your email address will not be published. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. He has fulfilled many roles since first hired in 1978. 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. 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). 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. 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. 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. Chairman of the board of Baker Hughes Inc., 2013-2017; chief executive officer, 2012-2017; and president, 2010-2017. . 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