NEW HAMPSHIRE ELECTRIC COOPERATIVE
CHIEF EXECUTIVE OFFICER
PLYMOUTH, NEW HAMPSHIRE
In anticipation of the current Chief Executive Officer retirement, the Board of Directors of New Hampshire Electric Cooperative invites applications for the position.
The Chief Executive Officer (CEO) of New Hampshire Electric Cooperative (NHEC) reports to an eleven-member Board of Directors
elected by mail ballots of cooperative members. Directors serve three-year staggered terms with three to four seats up for election annually. Each year, the board appoints a Nominating Committee of 5-11 cooperative members selected for equitable representation of cooperative members. This Committee is responsible for evaluating and recommending candidates for the board, including sitting board members up for re-election.
The CEO directs 201 total employees with direct reports that include an Executive Assistant, and four Vice Presidents leading the departments of Operations & Engineering, Corporate & Member Services (CFO), Business & Government Relations, and Power Resources & Access.
The NHEC CEO position is a unique opportunity to engage with a team of loyal and committed professionals dedicated to the best interests of cooperative members. NHEC’s service territory, challenging terrain and climate, independent power supply, and the team’s overall commitment to excellence and evolution offer the CEO considerable personal and professional opportunity and the chance to lead one of the premier cooperatives in the nation. The cooperative is proud of its history, particularly accomplishments in the past 15 years that included substantial financial and equity recovery, advancement in technology such as enhanced member metering and outage and energy efficiency tools, improved member satisfaction, significant safety performance advances, and noteworthy reductions to members’ average rates. Much has been accomplished through an inclusive process that engaged and empowered the entire workforce and leadership team to create thorough ownership of the vision for the organization.
The NHEC Board of Directors’ commitment to strategic and cultural alignment with the cooperative’s purpose, mission, vision, and values at all levels within the organization is a high priority. Cultural focus and the utilization of a cultural consultant that applies theDenison leadership and cultural model
have been vital in providing direction for the organization since its emergence from bankruptcy in 1993.
ONGOING OPPORTUNITIES AND KEY INITIATIVES:
Maintaining financial strength despite regional economic challenges.
Continuing to evolve the strong corporate culture.
Retention of cooperative identity while searching for ways to adapt constructively to the changing electric utility business model.
Succession planning and ongoing employee and board development and education.
Independent power supply, including focus on a diverse portfolio, identification of economically viable local and renewable supply resources, and addressing transmission grid constraints.
Evolving the organization’s understanding and utilization of enterprise risk management practices.
Maintaining investment in the distribution system to ensure member reliability and maximizing its resiliency in the future.
Addressing member demand for distributed generation and continuing to promote energy efficiency.
Identifying additional technological opportunities to better serve members while evolving the use of existing technologies.
Maintaining rates and supporting economic development in the service territory.
Interpersonal, people, and communication skills are high priorities for the next CEO. The CEO will be expected to empower all employees and manage in an inclusive, communicative, and transparent environment. Ethics, personal and workforce accountability, integrity, intellect, and a general respect for varying cultures and diversity are all high priorities.
Candidates should offer seasoning as a utility executive and breadth of discipline is preferred, although experience in any combination of disciplines such as utility finance, operations, engineering, and/or member services may be advantageous to applicants. Financial and general business acumen is a must as is a proven track record with safety as a top priority.
As NHEC relies upon a unique and independent power supply arrangement, candidates should expect to offer a higher-than-average power supply acumen for a distribution cooperative professional.
It is desired that candidates bring technical acumen to the extent that they offer the ability to identify opportunities for the cooperative in the evolution of existing technology and the utilization of new technologies in the future.
Candidates with experience developing a modern and comprehensive succession plan and that offer a track record of enhancing the skill set of the leadership team are highly desired.
Candidates should bring a strong comprehension of the importance of member satisfaction and the methods in which cooperatives can create stronger connection to membership. He or she will be expected to continue NHEC’s strong professional and charitable engagement in communities served and be comfortable presenting to large groups in any setting with the ability to communicate technical information to all involved parties in a comprehensible manner.
The CEO is expected to be engaged with industry activities that bring value to the cooperative and offer past experience providing leadership within local and regional political circles that include legislative and regulatory bodies that impact utility decision making. Cooperative experience is desired, but not a requirement; however, candidates should bring an absolute respect and appreciation for the cooperative business model and the core principles of electric cooperatives.
Experience managing in a union environment with a successful track record of maintaining union relations and negotiating bargaining agreements is desired.
A bachelor’s degree in an applicable field is a requirement. Advanced education is desired.
The New Hampshire Electric Cooperative (NHEC) is a member-owned and controlled electric distributor serving approximately 83,000 members in 115 towns and cities. The cooperative’s statement of purpose, vision, mission, and values is shown below. NHEC maintains over 5,500 miles of energized line that traverse nine of the 10 counties in New Hampshire. Headquartered in Plymouth, the Cooperative serves members in nine operating districts: Colebrook, Sunapee, Andover, Plymouth, Meredith, Conway, Alton, Ossipee, and Raymond. NHEC also provides lineworker support for the Town of Wolfeboro's municipal electric department. NHEC completed REX2 smart meter deployment in October of 2012 and continued development of its associated communications system until full deployment of communications systems was completed in 2014.
To serve our Members
Providing Effective Energy Solutions
To be financially and environmentally-responsible for our Members, excelling in service through creative and dynamic solutions for efficient delivery and use of energy.
Working together as a cooperative to provide exceptional Member SERVICE:
S – Safety for employees, Members and the public;
E – Empowerment for employees;
R – Respect for each other and the environment;
V – Value our cooperative community;
I – Innovation and internal efficiencies;
C – Collaboration, communication and teamwork;
E – Equitable solutions to build financial sustainability.
LAKES REGION OF NEW HAMPSHIRE
The Lakes Region of New Hampshire offers outstanding variety of life and is a wonderful place to raise a family. It is known for its focus on education through resources such as Plymouth State University, top elementary and regional high schools, and offers excellent private primary and secondary schools in surrounding towns. Speare Memorial Hospital in Plymouth offers 24-hour emergency care and many other quality medical services. The Lakes Region is centrally located in the middle of the state and serves as the hub to both the Newfound & Squam Lakes, the Pemigewasset and Baker River Valleys, and the Waterville Valley and White Mountains areas of New Hampshire. Outdoor activities such as downhill skiing, cross country skiing, waterskiing, boating, kayaking, fishing, hiking, hunting, biking, and motorcycling abound in the Lakes Region. Indoor activities such as theater, music, plays, movies, dining, shopping, and antiquing are also abundant. The Lakes Region is within a two-hour drive to Boston and less than a two-hour drive to the New Hampshire seacoast.
COMPENSATION & BENEFITS
NHEC offers a competitive compensation and benefit package. Compensation includes a base salary as well as a Success Sharing Plan that is linked to strategic goals using a Balanced Scorecard methodology. Benefits include a pension plan, 401K savings plan, disability and travel accident insurance, as well as health, dental, and vision insurance. Life insurance is provided as well as the opportunity to purchase supplemental life insurance for the employee, spouse, and children. There is also the option to participate in a Roth IRA, Homestead Mutual Funds, and deferred compensation. A generous paid leave practice consists of a combination of vacation, personal, holiday, and sick time. A shared vehicle is also available. NHEC is a learning organization with tuition reimbursement and the ability to attend conferences and seminars. NHEC will provide relocation assistance to the successful candidate.
Mycoff, Fry & Prouse LLC