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. I am honored to be selected as the next CEO of Craighead Electric, stated Sloan. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . Independent & inside Board of Directors members. 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. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. 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. Craighead Electric is proud to service over 32,000 members in eight counties in Northeast Arkansas. . In 1940 Craighead Electric had approximately 20 employees, today 100 employees make up the payroll. Members receive the monthly Arkansas Living Magazine, which keeps them up to date on any activities and programs available through their cooperative. Lori Chandler. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. 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. 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. Duncan has fulfilled many roles since he was first hired in 1978. Craighead County Agricultural Extension Agent A.R. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. Craighead Electric Inc Contact Information. January/February 2023 Hotlines Newsletter: New SmartHub feature, Solar Ads information, and more. Petitions should be sent to: Arkansas Public Service Commission, 1000 Center Street, Little Rock, Arkansas, 72201, the mailing address of which is: P.O. Martin S. Craighead, former chairman, president and CEO of Baker Hughes, has been elected to Emerson's board of directors. 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. Learn More about the Board of Directors. 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. "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. Story Coffee House (501) 617-2432. Success Credit Union (870) 935-9336. 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. Only petitions that have been provided by the Cooperative will be accepted. As the days go on, I will remain your biggest fan and most vocalcheerleader.. Led a team of 50+--including employees, subsidiary staff, vendors, contractors, and consultantsin building nearly 5K miles of fiber in less than 36 months . The person seeking such nomination may obtain more than one (1) copy of such petition. MEET YOUR DIRECTOR. 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. 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. % 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. 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 . When Craighead Electric was approved by the REA, it became the second electric cooperative in 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 . 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. Residence Requirements for Directors. 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. Announcements. 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. 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. General Powers. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . All directors elected to fill a vacancy of an unexpired term shall be elected for the period remaining on the unexpired term. Mark A. Blinn Dallas, Texas, United States Former CEO, President and Director of Flowserve Corporation Board Appointment Year: 2019 Committee: Audit, Compensation Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. Craighead Electric Names New Chief Executive Officer. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. Many farmers would drive for miles to visit with potential customers asking them if they would like electricity. 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. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. CRAIGHEAD COUNTY, Ark. Few farmers knew nothing about electricity. This is known as a cost-of-service study. HCJ CPAs and Advisors, PLLC (870) 935-2871. 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%. Sloan will succeed Brian Duncan following his retirement in March.". Section 2B. 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. Police responded to the 600-block of Chesnut Street after 11 PM on January 14. No big gathering. . Thank you, and we wish you a great retirement.. Craighead Electric Cooperative Corp. (870) 336-4404. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. Some farmers did not have $5 but they wanted electricity, so instead, they gave chickens, eggs and other farm produce for their membership. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. Board of Directors. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. Conference call is available at Emerson.com/Investors. 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! []. 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. This had a great impact on farmers and families working and living on county roads that other power companies would not provide service too. Interest soon grew to other counties as well as, Craighead, Greene, Poinsett, to name a few. Do you work for this business? Pleasecontact usfor assistance. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of 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. His valuable insights and strategic perspectives are a welcome addition to our board as we continue strengthening our footprint in the energy industry.. 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. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. 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. Kent is the Vice-President and Director of Boojum Expeditions, Inc. and Honorary Consul of Mongolia for Montana, Idaho, and Wyoming. Duncan has fulfilled many roles since he was first hired in 1978. Management Staff. Here are some ways to minimize the impact of the proposed rates. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. Jeremiah Sloan (Craighead Electric) The board of directors of Craighead Electric Cooperative of Jonesboro has named Jeremiah Sloan the corporation's next CEO. 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. Y'all are the best! During his career at the Cooperative, Duncan completed National Rural Electric Cooperative Associations (NRECA) Key Account Executive Program and NRECAs Management Training. 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. Sloan will succeed Brian Duncan following his retirement in March.. 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. 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. While serving on active duty, he functioned as a Development Engineer and a Professor of Aerospace Studies. 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. President . He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 2022. 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. 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. 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. 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. 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.. 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. PEC has seven board directors that each serve three-year terms. . The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. . 2023 Emerson Electric Co. All rights reserved. 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. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. He has fulfilled many roles since first hired in 1978. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. CECC will submit the rate adjustment request to the Arkansas Public Service Commission in July. The first board meeting was held in the basement of the Jonesboro Post Office. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. Address: PO BOX 555, Chimacum, WA 98325 Edit. 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. 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. 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. Vernon Buddy Hasten, CEO of AECI/AECC, recognizes Brian Duncan for his years of service to the Please contact us if you need assistance purchasing this product in another country. Your email address will not be published. At . Members of Craighead Electric Cooperative will soon have access to "Empower", a subsidiary company. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. Craighead Electric Names New Chief Executive Officer. From 2006 until 2022, she was on the board of . Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . Thanks for signing up! Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. Director, Emerson Electric Co. Back After hiring an engineering firm, the cooperative would build 192 miles of power line in three counties. JONESBORO, AR (KAIT) - High-speed, broadband internet is coming to rural northeast Arkansas. The Executive Committee provides oversight to ensure CLIA operates within the confines of its by-laws, charter and articles of incorporation as a DC non-profit corporation. 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. 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