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our CEO/GM Youth Tour


Cooperator: Will there be any personnel changes within KEC organization besides CEO?


Tim: There will be some tasks and duties shifting. This is normal when a major position change is made. We have tremendous em- ployees that are very dedicated to our members. We, like most other companies, have a workforce with older seasoned employees and younger employees that will need to take on more responsibilities to prepare themselves to take over key positions in the future.


Cooperator: As a member owned organization, KEC strives to make sure its members are provided af- fordable, reliable and safe electric- ity. Do you see any challenges or obstacles KEC could face in near future?


Tim: I think one of the most press- ing challenges the electric utility industry, regardless of whether we're talking about electric co- operatives, investor-owned or municipalities, faces now are regulations that will drive costs up. Everyone I know desires clean air and water. Our country has done a remarkable job over the past 30 years cleaning up our environ- ments. We must be prudent when considering the costs and benefits of regulations. Uniquely to KEC, is the challenge of rapid growth due primarily to the oil activity and insuring that our financial strength is maintained whether the oil activity is here for years or slows down rapidly. We must continue to be engaged and understand the


broad picture as we plan for the future.


Cooperator: As a CEO, you re- port to a nine person board. Share with us the relationship between a CEO and it's board.


Tim: The CEO obviously has the closest relationship with the board over any other employee. The CEO must have the assurance and comfort level with the board to bring forth critically important topics and, at times, very difficult decisions that must be made. The board must have that same level of assurance that the CEO is en- gaged and has the best interest of the cooperative members at heart. I have worked with or known our present board members for a long time and have an excellent work- ing relationship with them. We have a very professional board that takes their responsibilities seriously, as do I.


Cooperator: As a Cooperative, KEC adheres to the seven coop- erative principles. What are your thoughts on these principles and how do you see KEC’s compli- ance to them?


Tim: The principles are: Open membership


Democratic member control Member’s economic participation Autonomy and independence Education, training and informa- tion


Cooperation among cooperatives Concern for community The principles go back to membership participation and con- trol, education and cooperation. It is the most democratic form of business that I know of. We do not have shares of stock. There is only one membership per per- son, married couple or business entity, regardless of the number of electric services they might have.


The very makeup of a non-prof- it cooperative directs all decisions be made considering the entire membership, not just one consum- er class. We, at KEC, understand this and remind ourselves of these principles. We’re here for all members.


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KEC’s new CEO/GM addresses the membership at the 77th KEC Annual Meeting


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