CMEEC Announces New CEO
Print this article | Send to Colleague
The Connecticut Municipal Electric Energy Cooperative (CMEEC) Board of Directors announced on Dec. 17 that Drew Rankin will replace Maurice "Moe" Scully as CEO on Jan.3, 2011. Rankin was chosen to lead CMEEC after a national search and takes over for Scully, who has served as CMEEC’s CEO for the past 29 years and will be retiring in early 2012.
Rankin has more than 30 years experience in the utility industry and most recently served as executive manager at Colorado Springs Utilities, where his responsibilities included management of electric and gas production, fuel procurement, energy supply and asset optimization. Drew’s previous experience also includes serving as interregional coordination manager at Midwest ISO and General Manager at Cinergy Corporation (now Duke Energy). "Drew has the skill set necessary to ensure that CMEEC’s member and participant systems are well positioned to remain competitive," said outgoing CEO Moe Scully.
Scully steps down as CMEEC CEO after a long and distinguished career.
"Under Moe’s leadership, CMEEC has grown to into one of the most successful electric cooperatives in the country. CMEEC’s member and participant systems are appreciative for his dedicated and exemplary work," said CMEEC Board of Directors Chairman John Hiscock. Moe’s many accomplishments include authoring the "Regulatory Fairness Act," an amendment to the Federal Power Act, passed by Congress in 1988; winner of the American Public Power Association’s Kramer Preston Personal Service Award and James Donovan Individual Achievement Award; and the Northeast Public Power Association’s Person of the Year Award. Moe will remain at CMEEC for one year in order to assist with the transition.
CMEEC is a not for profit joint action agency with approximately $220 million in annual revenues. CMEEC is responsible for procuring the full electric requirements of the seven municipal electric utilities in Connecticut, which include Bozrah Light and Power, Groton Utilities, Jewett City Department of Public Utilities, Norwich Public Utilities, South Norwalk Electric and Water, the Third Taxing District (East Norwalk), and Wallingford Electric Division.
|
|