January 6, 2022. Thank you, and we wish you a great retirement.. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 12, 2022 at 8:17 PM PDT. Craighead Electric Names New Chief Executive Officer. 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. When a membership is held jointly by a husband and wife, either one, but not both, maybe elected a director. Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's board of directors. The Secretary will be responsible for assuring that the notice of the meeting is published in the Arkansas Living magazine. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. No nominations will be accepted from the floor. Lindsey Spencer. Announcements. 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 Refreshment and Diversity Recently added Martin Craighead, former 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. 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. 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. Thanks for signing up! 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. January/February 2023 Hotlines Newsletter: New SmartHub feature, Solar Ads information, and more. Jeremiah Sloan, CEO . []. God bless and stay safe , January/February 2023 Hotlines Newsletter, November/December 2022 Hotlines Newsletter. View PDF version by clicking on the Image. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. Your email address will not be published. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. 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. He also serves on the board of the Montana Center for International Visitors. 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. Duncan has served the Cooperative for over 43 years. Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. Lori Chandler. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. All directors shall serve terms of six (6) years in length unless they are filling a vacancy of an unexpired term. Board of Directors. Vernon Buddy Hasten, CEO of AECI/AECC, recognizes Brian Duncan for his years of service to the During his career at the Cooperative, Duncan completed National Rural Electric Cooperative Associations (NRECA) Key Account Executive Program and NRECAs Management Training. Prices forced a significant uptick in acres in the Natural State. Click here to download a PDF copy of the above-proposed rates. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Craighead Electric Names New Chief Executive Officer. A cooperative exists to provide high-quality service at the lowest possible price. Chairman of the Board of Directors, Terry Rorex, recognized Duncan in a presentation to employees, members, family and friends. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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 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%. Sloan will succeed Brian Duncan following his retirement in March.. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. On November 28, 1938, about 75 miles of line in the Valley View area, south of Jonesboro were energized. 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. 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. On Tuesday . 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. He also expressed faith in the future of the company, saying, Im confident that the Cooperative is in very, very good hands. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. 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. Story Coffee House (501) 617-2432. Phone Number: (360) 385-7554 Edit. My responsibilities require me to oversee the day to day operations of the Fresh Meat Processing, Bakery Department, Deli . In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. Jonesboro, AR. Duncan has served the Cooperative for over 43 years. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services . Sloan will succeed Brian Duncan, who is retiring in March after 43 years working for Craighead Electric. Thank you all for doing the great jobs keeping us in the light. 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. 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. Member Driven Service Focused Its What We Do Everyday, Office (870) 932-8301 Report an Outage (888) 771-7772. 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. Kelly Craighead. The National Labor Relations Board, the federal government agency that oversees this law, comes in and holds a secret ballot election. 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. Nominations. Micheal Sullivan. 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. Craighead Electric Cooperative Corporation (CECC) strives to provide our members with safe, reliable and affordable electricity. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. Any petition for nomination must be obtained at the Cooperative by the person who is to be nominated. Jonesboro Habitat for Humanity . Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. 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 . Published: Jul. Mr. Craighead currently serves on the boards of directors of Texas Instruments Inc. and Emerson Electric Company. Craighead most recently served as vice chairman of Baker Hughes, one of the world's largest oil field services companies. Awards recognizes Emersons leading global industrial software and IoT expertise provided through the power of Plantweb with AspenTech. Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Heather Cerda. 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. Sloan will succeed Brian Duncan following his retirement in March." Duncan says he looks forward to spending his retirement with his wife, Teressa, their two sons, Brady and Tanner, and their grandson. Box 400, Little Rock, Arkansas, 72203-0400. He and his family enjoy travelling, gardening, bicycling, and snow skiing. 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! A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Announcements. Learn More about the Board of Directors. 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.. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. Sloan will succeed Brian Duncan following his retirement in March.. Mindy Smith, V-P of Accounting & Finance Administration. 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. Sloan will succeed Brian Duncan following his retirement in March.. Address, Phone Number, and Fax Number for Craighead County Board of Elections, a Board Of Elections, at South Main Street, Jonesboro AR. Please contact us if you need assistance purchasing this product in another country. 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. 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. 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. A. Wampler of Fair Oaks has served on the Woodruff Electric Board of Directors since 1972. 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. 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. 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. Few farmers knew nothing about electricity. About Craighead Electric. Such petition shall be for a particular district and position. Please enable JavaScript to use this website. The first board meeting was held in the basement of the Jonesboro Post Office. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. 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 . Jonesboro, Arkansas, United States. 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%. Craighead Electric Cooperative Corp. (870) 336-4404. 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. 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. [], 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. 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. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. Chairman of the board of Baker Hughes Inc., 2013-2017; chief executive officer, 2012-2017; and president, 2010-2017. . Section 1. Conference call is available at Emerson.com/Investors. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. 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. 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. At . Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Section 1. Over the next 5-7 years, roughly 5,000 miles of fiber optic cable will be built in support of this communications upgrade project. 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 County Agricultural Extension Agent A.R. From 2006 until 2022, she was on the board of . 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). 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. . Management Staff. This had a great impact on farmers and families working and living on county roads that other power companies would not provide service too. "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. Sloan will succeed Brian Duncan following his retirement in March.". In 1940 Craighead Electric had approximately 20 employees, today 100 employees make up the payroll. Craighead most recently served as vice chairman of Baker Hughes. CECC will submit the rate adjustment request to the Arkansas Public Service Commission in July. A membership drive soon began. CEO, Board Chair, and Board of Directors information; Additional tools and resources; And more. No speeches. Only petitions that have been provided by the Cooperative will be accepted. The largest impact to a typical residential account will be in the service availability charge. Louis, Missouri, United StatesChair of the Board, EmersonRetired Chairman and CEO, Ernst & YoungBoard Appointment Year: 2013Committees: Audit, Corporate Governance and Nominating, Executive, Mark A. BlinnDallas, Texas, United StatesFormer CEO, President and Director of Flowserve CorporationBoard Appointment Year: 2019Committee: Audit, Compensation, Joshua B. BoltenWashington, D.C., United StatesPresident and Chief Executive Officer, Business RoundtableBoard Appointment Year: 2012Committees: Corporate Governance and Nominating, Executive, Martin S. CraigheadHouston, Texas, United StatesFormer Chairman, President and CEO of Baker HughesBoard Appointment Year: 2019Committees: Compensation, Corporate Governance and Nominating, William H. Easter IIIHouston, Texas, United StatesFormer Chairman, President and Chief Executive Officer of DCP Midstream LLCBoard Appointment Year: 2020Committees: Compensation, Finance, Gloria A. FlachMarriottsville, Maryland, United StatesRetired Corporate Vice President and Chief Operating Officer, Northrop Grumman CorporationBoard Appointment Year: 2017Committees: Compensation, Executive, Finance, Arthur F. GoldenNew York, New York, United StatesSenior Counsel, Davis Polk & WardwellBoard Appointment Year: 2000Committees: Finance, Executive, Candace KendleBoca Grande, Florida, United StatesRetired Chairman and Chief Executive Officer, Kendle International, Boca Grande, Florida, USABoard Appointment Year: 2014Committees: Audit, Corporate Governance and Nominating, Lori LeeDallas, Texas, United StatesCEO, AT&T Latin America & Global Marketing Officer, AT&T Inc.Board Appointment Year: 2018Committees: Audit, Executive, Finance, Matthew S. LevatichMilwaukee, Wisconsin, United StatesFormer President and CEO, Harley-Davidson, Inc.Board Appointment Year: 2012Committees: Audit, Finance, Lal KarsanbhaiSt. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. 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. 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. Pleasecontact usfor assistance. For more information visit Emerson.com. 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! 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