Cooperative Energy Appoints Kevin Grace as Senior Vice President and Chief Financial Officer

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HATTIESBURG, Miss. (WDAM) – Kevin Grace is only the fifth person to hold the CFO title in the company’s 81-year history.

Cooperative Energy generates and transmits electricity to 11 member-owned electricity distribution cooperatives – known as the Power of 12. Member cooperatives serve approximately 445,000 homes and businesses in 55 counties.

Grace joined Cooperative Energy in March 2010 as Director of Treasury Services. He then served as controller from June 2016 until December 2021, when the board appointed him as the cooperative’s interim financial director. His new title is senior vice president and chief financial officer.

In her new role, Grace will be responsible for developing the cooperative’s financial plans and relationships with financial institutions, credit partners – such as USDA’s Rural Utilities Service, National Rural Utilities Cooperative Finance Corporation, CoBank – and commercial and investment banks. He will also lead all aspects of Cooperative Energy’s accounting, budgeting, assurance and finance functions, including compliance in each area under his direction.

Additionally, as a member of the company’s management team, Grace will be responsible for communicating the financial activities and status of Cooperative Energy to the board of directors, lenders, rating agencies and all stakeholders. external.

Prior to joining Cooperative Energy, Grace worked in banking, insurance and public accounting. He received his Bachelor of Business Administration in Accounting from Millsaps College and is a Certified Public Accountant.

Grace and his wife, Nicole, have four children and live in Petal, Mississippi.

For more information, visit www.CooperativeEnergy.com

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