The electric utility industry is undergoing a significant transformation, placing added pressure on electric cooperatives. Consequently, the role of co-op member-owners serving on the board of directors has become even more crucial. Their decisions have lasting impacts on the cooperative, making a thorough understanding of the industry, governance, and cooperative principles essential.
The National Rural Electric Cooperative Association (NRECA) plays a vital role in meeting this educational need. Representing more than 900 member-owned electric cooperatives serving 42 million people across 47 states, this national service organization offers educational opportunities for both co-op employees and board members.
Director education is offered in three parts, progressing from fundamental to advanced coursework. Topics focus on director duties and liabilities, understanding the electric business, strategic planning, and financial decision-making.
Directors who have completed the foundational courses to earn the CCD include Jeff Murphy of Marshall, Dan Gard of West Union, Granville Colvin of Paris, and Jeff Zimmerman of Oakland. Soon, we anticipate announcing Julie Higginbotham of Martinsville as the newest certificate holder, as she is currently finalizing her coursework.
Last year, we announced that, through additional training, Kevin Julian of Metcalf earned the Director Gold certificate and Granville Colvin of Paris earned the Board Leadership Certificate.
Colvin Gains Gold
We are pleased to announce that Colvin has now achieved Director Gold status. To maintain this distinction, Colvin will attend additional training every two years.
"Educational development is a crucial cooperative principle and a cornerstone of effective self-governance. A director who understands the complexities of the ever-evolving electric utility industry can better serve our co-op membership," stated Angela Griffin, CEO of EnerStar. "We appreciate the time and effort these directors have devoted to improving our cooperative."
A big thank you to our co-op directors for your strategic guidance and congratulations, Granville!