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. 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. Martin brings a wealth of deep knowledge in the energy sector, coupled with a proven record of global leadership and financial expertise, Farr said. 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. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. From 2006 until 2022, she was on the board of . Sloan will succeed Brian Duncan following his . Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. Some farmers did not have $5 but they wanted electricity, so instead, they gave chickens, eggs and other farm produce for their membership. Story Coffee House (501) 617-2432. Jonesboro Habitat for Humanity . Save my name, email, and website in this browser for the next time I comment. Duncan has served the Cooperative for over 43 years. Police responded to the 600-block of Chesnut Street after 11 PM on January 14. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. 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. No one even remembers who the lineman was. Mindy Smith, V-P of Accounting & Finance Administration. Sloan will succeed Brian Duncan following his retirement in March.. 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. The person seeking such nomination may obtain more than one (1) copy of such petition. The independent analysis determined CECC needs to increase our retail rates, which have not changed since May 2010. In addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. (KAIT) - After a slew of hardships, a Region 8 electric company is looking toward a new solution that may impact you. This had a great impact on farmers and families working and living on county roads that other power companies would not provide service too. Duncan has led the corporation since 2007. Announcements. The Secretary will be responsible for assuring that the notice of the meeting is published in the Arkansas Living magazine. Since 2018, Ms. Catalano has served on the board of directors of Frontdoor, Inc., where she is the chair of the Compensation Committee. 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. Duncan has served the Cooperative for over 43 years. Every day, Craighead Electric Cooperative signs up new members, each is required to pay a membership just as they did in 1937. 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. Petition forms and additional application information are available on PEC's Nomination by Petition webpage . In addition, the director then first elected must also receive electrical service from the area encompassed by that same district and position. Jonesboro, AR. The Rural Electrification Administration, better known as REA, was created during theadministration of President Franklin D. Roosevelt in 1936. Sloan will succeed Brian Duncan following his retirement in March." Sloan has been with CECC since 2016 and . Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. He has fulfilled many roles since first hired in 1978. 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. Published: Jul. A. Wampler of Fair Oaks has served on the Woodruff Electric Board of Directors since 1972. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. It was difficult to convince some of them that they should put up a $5 membership in an electric coop. Board of directors Martin S. Craighead Retired chairman of the board and chief executive officer, Baker Hughes Inc. Vice chairman of Baker Hughes, a GE company, 2017-2019. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. Click here to download a PDF copy of the above-proposed rates. Many farmers would drive for miles to visit with potential customers asking them if they would like electricity. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. President Elect . 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. Sloan will succeed Brian Duncan following his retirement in March.". Board Chairman Terry Rorex stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. 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. Jeremiah Sloan, CEO . The locally owned and managed organization has 100 employees. Craighead Electric Cooperative Corp. (870) 336-4404. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. The cooperatives wholly owned subsidiary, empower, has 30 employees and serves just over 12,000 internet subscribers. The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 2022. We would like to thank Brian for his professional leadership and 44 years of outstanding dedicated service to Craighead Electric, he said. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. President . 1 - 50. 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. 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 . Qualifications and Tenure. He worked as a Right-of-Way Crew Member, Apprentice Lineman, Staking . 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. 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. You work very hard at a very dangerous job and I for one appreciate it very much. The above proposed rates will become effective for bills rendered on or after October 1, 2022 unless on or before such effective date petitions from ten percent (10%) of the member-consumers have been received by the Arkansas Public Service Commission. If approved, it will go into effect with usage beginning Oct. 1, 2022. Micheal Sullivan. 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! 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. 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. 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. The Secretary will be responsible for assuring that the notice of the corporation earlier week. Person seeking such nomination may obtain more than one ( 1 ) copy of such petition available on PEC #! 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