Carolyn Kedersha

NHEC Service Location: Melvin Village, NH
Character of NHEC Service Location
: Residential – Primary Residence
Primary Residence: Melvin Village, NH

Work Experience

From 1988 – 2013, Carolyn worked as a senior executive at BNY Mellon. During her tenure she rose to co-managing the $10 billion Emerging Markets fund, which outperformed nine out of ten years while maintaining a significantly lower risk profile. She also headed up the International and Emerging Market Small Cap Strategies. Prior to BNY Mellon, she worked at Fidelity, where she was an analyst, and at PwC, where she was an auditor. Whether it was as an industry analyst covering electric utilities, or as an auditor for an upstate NY electric utility, Carolyn has had a long standing appreciation of the unique structure and operating challenges facing our cooperative. She joined the NHEC Board in 2016 and since 2019 she is a Finance Professor at University of Massachusetts Lowell. 


Carolyn is a graduate of George Washington University (B.A. Accounting) and Rutgers (MBA Finance). She is a Certified Public Accountant and a Chartered Financial Analyst. She has been a member of the National Association of Corporate Directors (NACD) since 2010.

As a director who highly values strong corporate governance, she earned the designation of NACD Governance Fellow in 2013. In 2017, she continued her commitment to Board governance, by earning the designation Credentialed Cooperative Director from the National Rural Electric Cooperative Association (NRECA) followed by the NRECA’s Board Leadership Certification and NRECA’s highest certification, Director Gold. Then in 2020, she was awarded Director Certification by the National Association of Corporate Directors earning the NACD.DC designation. 


Service to Members

Carolyn serves at the pleasure of our members. Serving as Assistant Treasurer and Chair of the Audit Committee, she works to make sure that Members’ money is spent wisely in projects that strengthen our distribution network, improves the quality of the service that Members receive and are truly cost effective. She also serves as Treasurer of New Hampshire Broadband. Prior roles have included Chair of the Corporate Services Committee and Chair of the Governance Task Force, she worked to enhance transparency, and improve accountability. 

Community Service

Carolyn has served as past Treasurer on NHEC’s Foundation Board. Prior board member experience includes chairing the Strategic Planning Committee while also serving on the Finance/Audit Committee for a Montessori school. In the community, Carolyn has been an active participant for many years in the Read to a Child – Boston program and in mentoring women.