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. Mr. Craighead currently serves on the boards of directors of Texas Instruments Inc. and Emerson Electric Company. 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. Duncan has fulfilled many roles since he was first hired in 1978. Corporate Governance & Nominating Committee Charter, Click to view our Accessibility Policy and contact us with accessibility-related issues, Do Not Sell or Share My Personal Information, Transparency in Coverage Machine-Readable Files. 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. Member Driven Service Focused Its What We Do Everyday, A History of Craighead Electric Cooperative. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 2022. 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. This program was designed to lend money to provide rural customers with electricity. 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 . 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 . We recommend you contact the office to verify the date/time of the meeting. Craighead Electric Cooperative is a member-owned not-for-profit electric company incorporated in 1937. 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. He also serves on the board of the Montana Center for International Visitors. 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. There was no ceremony to herald the coming of electricity to rural Craighead County. 2023 Emerson Electric Co. All rights reserved. . Led a team of 50+--including employees, subsidiary staff, vendors, contractors, and consultantsin building nearly 5K miles of fiber in less than 36 months . PEC has seven board directors that each serve three-year terms. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. Instead, a lineman climbed a cooperative pole near the meter point and closed a switch. Conference call is available at Emerson.com/Investors. Section 2A. At the end of 1938, Craighead Electric had 170 miles of line energized with 712 members using an average of 27 kWh monthly. He is the founder of the Boojum Charitable Fund, a non-profit supporting social projects in Mongolia. Click here to download a PDF copy of the above-proposed rates. 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. President . 2019 Directory A POWERFUL HISTORY OF POWERING YOUR FUTURE. These charges are reflected as either debits or credits on members statements each month. CEO, Board Chair, and Board of Directors information; Additional tools and resources; And more. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. No nominations will be accepted from the floor. James S. TurleySt. 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. Prior to joining CECC, Sloan spent 6 years as an officer in the United States Air Force. 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. When a membership is held jointly by a husband and wife, either one, but not both, maybe elected a director. Sullivant set up meetings of agricultural and community leaders to survey how many farmers in the county wanted electricity. 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. For more information visit Emerson.com. 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). Address: PO BOX 555, Chimacum, WA 98325 Edit. It was difficult to convince some of them that they should put up a $5 membership in an electric coop. After hiring an engineering firm, the cooperative would build 192 miles of power line in three counties. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative named Jeremiah Sloan as the new chief executive officer of the corporation earlier this week. Duncan announced his retirement in August of 2021 with an effective date of March 28, 2022. 0. Chairman of the board of Baker Hughes Inc., 2013-2017; chief executive officer, 2012-2017; and president, 2010-2017. . A cooperative exists to provide high-quality service at the lowest possible price. 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. 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. Address, Phone Number, and Fax Number for Craighead County Board of Elections, a Board Of Elections, at South Main Street, Jonesboro AR. 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. Terry Rorex, Board Chairman, stated, We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. Its profits are put back into the cooperative to help run the business efficiently or are returned to the member-owners through Capital Credits. 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.. Announcements. After 44 years of employment at Craighead Electric Cooperative Corporation, Brian Duncan has retired as CEO. In addition, CECC plans to rebase the cost of energy and cost of debt adjustment revenues into the new kWh rates. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. 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. He first joined Baker Atlas, part of Baker Hughes, in 1986 and prior to that served as a research engineer with BJ Services Company. Prices forced a significant uptick in acres in the Natural State. No speeches. He and his family enjoy traveling, 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! The 9.3% reflects the average increase across all rate classes residential, commercial and lighting, including an increase in the service availability charge. No one even remembers who the lineman was. 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. Farr announced today. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. Members receive the monthly Arkansas Living Magazine, which keeps them up to date on any activities and programs available through their cooperative. He has fulfilled many roles since first hired in 1978. . We would like to thank Brian for his professional leadership and 44 years of outstanding dedicated service to Craighead Electric, he said. 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. 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