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NH Electric Cooperative Announces CEO Retirement

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New Hampshire Electric Cooperative, Inc. (NHEC) announced that Fred Anderson will retire as CEO in the spring of 2015 after 34 years with the company.

Anderson joined the Cooperative in 1981 and became the President/CEO in 1992. He has a long history in the rural electrification program; he began his career in 1974 with the Rural Electrification Administration in Washington, D.C.  

He has been a valuable member of the Cooperative community serving on a variety of boards including the National Rural Utilities Cooperative Finance Corporation (CFC); Cooperative Research Council (CRC); Northeast Public Power Association (NEPPA) and the Consumer Owned Energy Foundation. He is a Cooperative Credentialed Director and Founding Board member of the NHEC Foundation. He has also served the greater community at large, active as a past board member of the Whole Village Family Resource Center in Plymouth, N.H., the Plymouth Regional High School Board and Northway Financial (Symbol NWFI) as well as the Pemigewasset National and Berlin City banks.  

"I am grateful to have spent 34 years with this great company and am deeply honored to have had the opportunity to lead it for the past 23 years. I am very proud of what we have accomplished together," said Anderson. "I am so thankful to have worked with such a tremendous staff and Board who remain committed to our membership. Their unwavering belief in the cooperative way of doing business will continue to lead the way for NHEC’s future." 

"NHEC is well positioned for the future because of Fred’s vision, leadership skills and commitment to excellence. He will be greatly missed by NHEC’s members, employees and the Board of Directors," said Earl Hansen, Chairman NHEC Board of Directors. "Fred has the Board’s appreciation and gratitude for his exemplary service to NHEC and the Cooperative vision."

NHEC has secured the Executive Search Firm of Mycoff, Fry & Prouse LLC to conduct an extensive search for Mr. Anderson’s replacement. All employment inquiries should be directed to Scott Fry at 800-525-9082 or sfry@mfpllc.us

NHEC is a consumer-owned electric distribution cooperative providing electric service to approximately 83,000 members in 115 communities throughout New Hampshire. Founded in 1939, the Co-op is the second largest utility in New Hampshire.

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