The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 2022. 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! Do you work for this business? All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. Finally, rural areas were no longer at the mercy of power companies whose primary interests were in the more densely populated areas of the state. When a membership is held jointly by a husband and wife, either one, but not both, maybe elected a director. 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. You work very hard at a very dangerous job and I for one appreciate it very much. 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. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. 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). 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. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. Craighead Electric Cooperative Corporation (CECC) strives to provide our members with safe, reliable and affordable electricity. 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. A membership drive soon began. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. Duncan says he looks forward to spending his retirement with his wife, Teressa, their two sons, Brady and Tanner, and their grandson. . 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. "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 . The service availability charge helps cover fixed costs, such as meters, transformers and lines necessary to provide electricity to a service regardless of its usage. Director, Emerson Electric Co. Back JONESBORO, AR (KAIT) - High-speed, broadband internet is coming to rural northeast Arkansas. Article - III Directors. . CECC will submit the rate adjustment request to the Arkansas Public Service Commission in July. 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. 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 . In 1940 Craighead Electric had approximately 20 employees, today 100 employees make up the payroll. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. General Powers. | August 17, 2022 We recommend you contact the office to verify the date/time of the meeting. Services were interrupted by straight-line winds in excess of eighty-five miles per hour, caused damage to approximately twenty-five poles. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. Lori Chandler. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. 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. 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. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services . Only petitions that have been provided by the Cooperative will be accepted. It is often referred to as a minimum bill. From USDA's November reporting, Arkansas is projected to have an average yield of 1,166 . 12, 2022 at 8:17 PM PDT. For more information visit Emerson.com. 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. Success Credit Union (870) 935-9336. Management Staff. Thank you all for doing the great jobs keeping us in the light. Representing District 1, J. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. Monday, Jan. 10, 2022 1:18 pm 1 min read. Sloan will succeed Brian Duncan following his retirement in March.. Sloan will succeed Brian Duncan following his retirement in March.". By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. The new rates will affect each member differently. Section 1. 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. He has fulfilled many roles since first hired in 1978. Address: PO BOX 555, Chimacum, WA 98325 Edit. 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. 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. In addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. Craighead Electric is headquartered in Jonesboro and operates two full-service district offices located in Paragould and Walnut Ridge. 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 . Notify me of follow-up comments by email. Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. Jonesboro, AR. 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. 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. 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. No one even remembers who the lineman was. 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. As the days go on, I will remain your biggest fan and most vocalcheerleader.. 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. Sloan will succeed Brian Duncan following his retirement in March." 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. "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. Save my name, email, and website in this browser for the next time I comment. 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. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. Section 1. Sloan will succeed Brian Duncan, who is retiring in March after 43 years working for Craighead Electric. 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. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. Mr. Craighead currently serves on the boards of directors of Texas Instruments Inc. and Emerson Electric Company. 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! The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. 2023 Emerson Electric Co. All rights reserved. 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%. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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. 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. 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. 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. @CraigheadCoop Really proud of the work you guys are doing with the new solar array and the new high speed internet access. 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. This program was designed to lend money to provide rural customers with electricity. President Elect . His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. 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. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 2023 Emerson Electric Co. All rights reserved. Lindsey Spencer. The first board meeting was held in the basement of the Jonesboro Post Office. Conference call is available at Emerson.com/Investors. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Y'all are the best! PEC has seven board directors that each serve three-year terms. 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. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. In order to remain eligible to serve as a director or to be re-elected (while such director is an incumbent), the director must continue to reside in the County which is a part of district and position from which the director was elected and receive electrical service in the area encompassed by that same district and position. Duncan has served the Cooperative for over 43 years. President . Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. Sloan will succeed Brian Duncan following his retirement in March.. He and his family enjoy travelling, gardening, bicycling, and snow skiing. 1 - 50. 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. Interest soon grew to other counties as well as, Craighead, Greene, Poinsett, to name a few. He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. The locally owned and managed organization has 108 employees. 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. 0. After hiring an engineering firm, the cooperative would build 192 miles of power line in three counties. All directors elected to fill a vacancy of an unexpired term shall be elected for the period remaining on the unexpired term. Sign up for free. Hes in jail. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. When Craighead Electric was approved by the REA, it became the second electric cooperative in 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. 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. Led a team of 50+--including employees, subsidiary staff, vendors, contractors, and consultantsin building nearly 5K miles of fiber in less than 36 months . Craighead Electric Inc Contact Information. A cooperative exists to provide high-quality service at the lowest possible price. ST. LOUIS (June 4, 2019) Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emersons (NYSE: EMR) board of directors, Chairman and Chief Executive Officer David N. 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About Craighead Electric. . of Corporate Services before fulfilling his current position as CEO in 2007. Independent & inside Board of Directors members. Sullivant set up meetings of agricultural and community leaders to survey how many farmers in the county wanted electricity. Please contact us if you need assistance purchasing this product in another country. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. Heather Cerda. Electric Cooperatives of Arkansas. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. Learn More about the Board of Directors. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. 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. Frank J . Thank you, and we wish you a great retirement.. Phone Number: (360) 385-7554 Edit. 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. Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's board of directors. Residence Requirements for Directors. Mindy Smith, V-P of Accounting & Finance Administration. 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. Jeremiah Sloan, CEO . This is known as a cost-of-service study. In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. The locally owned and managed organization has 100 employees. 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. 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. Most had never used it. 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. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . The positive effect of Brians leadership will be seen for many years to come. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. % 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. At . Here are some ways to minimize the impact of the proposed rates. Some farmers did not have $5 but they wanted electricity, so instead, they gave chickens, eggs and other farm produce for their membership. Sloan will succeed Brian Duncan following his . Petitions should be sent to: Arkansas Public Service Commission, 1000 Center Street, Little Rock, Arkansas, 72201, the mailing address of which is: P.O. View PDF version by clicking on the Image. Applicants may access the nomination petition forms and application materials online, download them, and fill them out at their convenience. . We would like to thank Brian for his professional leadership and 44 years of outstanding dedicated service to Craighead Electric, he said. Prices forced a significant uptick in acres in the Natural State. 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. Chairman of the Board of Directors, Terry Rorex, recognized Duncan in a presentation to employees, members, family and friends. Kent Madin. 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.. November/December 2022 Hotlines Newsletter: See the updated Membership Handbook, SmartHub Tips, and more. General Powers. Board of Directors. The Craighead Electric Cooperative Board of Directors meet on the last Friday of the month. 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. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Craighead Electric Cooperative Corporation Board of directors as of 02/07/2019 SOURCE: Self-reported by organization You have profile views left. James S. TurleySt. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. (KAIT) - After a slew of hardships, a Region 8 electric company is looking toward a new solution that may impact you. 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