There was no ceremony to herald the coming of electricity to rural Craighead County. Sign up for free. Published: Jul. 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. 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 will succeed Brian Duncan following his retirement in March.". These charges are reflected as either debits or credits on members statements each month. 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 person seeking such nomination may obtain more than one (1) copy of such petition. The cooperative operates offices in Jonesboro, Walnut Ridge, and Paragould. Emerson is the global technology, software and engineering powerhouse driving innovation that makes the world healthier, safer, smarter and more sustainable. CRAIGHEAD COUNTY, Ark. 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. The Executive Committee and the CLIA Board of Directors, are responsible for establishing the overall strategic direction of the association. This is known as a cost-of-service study. 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! Click here to download a PDF copy of the above-proposed rates. Petition for nomination shall be available at the Cooperative not less than one hundred fifty (150) days prior to the annual meeting. Jonesboro, AR. 12, 2022 at 8:17 PM PDT. "This is up 155,000 acres or one-third from 2021 and the highest since 2011," Stiles said. Interest soon grew to other counties as well as, Craighead, Greene, Poinsett, to name a few. My responsibilities require me to oversee the day to day operations of the Fresh Meat Processing, Bakery Department, Deli . 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! 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. Incorporated in 1937, the cooperative operates offices in Jonesboro, Walnut Ridge and Paragould. Craighead Electric Cooperative Corporation of Jonesboro reports that electric services to approximately 4,800 members were without power in the peak of the storm. Soon the requirements were met with REA and Craighead Electric Cooperative became a Corporation on August 13, 1937. Sloan and his wife, Blythe, have four boys, Atlas, Everest, Cypress, and Sparrow, and they live in Portia. | August 17, 2022 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. Micheal Sullivan. A scary situation was reported to Jonesboro police Saturday night and it began with a shots fired call. Duncan has served the Cooperative for over 43 years. Terry Rorex, Board Chairman, stated, "We are excited to announce Jeremiah Sloan as the newly appointed CEO of Craighead Electric. 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. Members are welcome to attend. Upon it being determined that a director fails to meet any of the qualifications set forth in this section 2B, then the director shall immediately be removed from the Board without any action or vote being necessary. The largest impact to a typical residential account will be in the service availability charge. 1 - 50. 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. Some farmers did not have $5 but they wanted electricity, so instead, they gave chickens, eggs and other farm produce for their membership. The proposed rates are designed to increase overall system revenue from Arkansas consumers by 9.3%. Emerson reports its first quarter 2023 results prior to market open on Wednesday, Feb. 8. If approved, it will go into effect with usage beginning Oct. 1, 2022. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. 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 . 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. The U.S. Department of Agriculture estimates Arkansas would harvest 630,000 acres in 2022. 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. Jeremiah Sloan, CEO . Craighead Electric Names New Chief Executive Officer, ***No Longer Available for new installations. 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. 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. 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. Sloan will succeed Brian Duncan, who is retiring in March after 43 years working for Craighead Electric. 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. "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 . It is often referred to as a minimum bill. 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%. November/December 2022 Hotlines Newsletter: See the updated Membership Handbook, SmartHub Tips, and more. During his tenure as CEO, he implemented an automated meter reading system, led the Cooperative through the worst natural disaster in Craighead Electrics history (the 2009 Ice Storm), helped implement an exemplary culture of safety, oversaw the building of a new district office in Paragould, added 1-Megawatt of solar to the CECC grid, and started a wholly owned fiber subsidiary (empower) providing fiber-to-the-home broadband internet to the underserved membership. CECC will submit the rate adjustment request to the Arkansas Public Service Commission in July. 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. 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. Chairman of the Board of Directors, Terry Rorex, recognized Duncan in a presentation to employees, members, family and friends. Our dedicated employees are focused on providing world class service and extraordinary member care, because thats what a cooperative is supposed to do. The locally owned and managed organization has 108 employees. Services were interrupted by straight-line winds in excess of eighty-five miles per hour, caused damage to approximately twenty-five poles. Craighead Electric Cooperative serves approximately 31,000 members in eight counties in Northeast Arkansas. Conference call is available at Emerson.com/Investors. By selecting a new country/region, product(s) may be unavailable and items in your shopping cart will be removed. 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. Thank you all for doing the great jobs keeping us in the light. Craighead Electric Names New Chief Executive Officer, High Winds result in outages for Craighead Electric. 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 . of Corporate Services before fulfilling his current position as CEO in 2007. 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. Police responded to the 600-block of Chesnut Street after 11 PM on January 14. He is succeeded by Jeremiah Sloan, former COO of empower Broadband. Board of Directors. Member Driven Service Focused Its What We Do Everyday, A History of 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. Lindsey Spencer. He has fulfilled many roles since first hired in 1978. Mark A. Blinn Dallas, Texas, United States Former CEO, President and Director of Flowserve Corporation Board Appointment Year: 2019 Committee: Audit, Compensation 2 Democratic Member Control Cooperatives are democratic . View PDF version by clicking on the Image. Mr. Craighead currently serves on the boards of directors of Texas Instruments Inc. and Emerson Electric Company. 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. A membership drive soon began. Jonesboro, AR. The Board of Directors of Craighead Electric Cooperative has named Jeremiah Sloan as the new Chief Executive Officer of the corporation. 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