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The Electric Cooperatives of Arkansas have named Pacific northwest product Brandon J. Lohse as chief financial officer, the not-for-profit utility companies of Little Rock has announced.
Before joining the cooperatives, Lohse spent 26 years in energy and financial services positions, most recently spending nearly five years as director of investor relations for ONE Gas of Tulsa. Before that, he was corporate treasurer for Puget Sound Energy in the Seattle area.
“Brandon’s experience, enthusiasm and unique skill set will significantly contribute to Arkansas’ electric cooperatives achieving even greater success for our members,” said Buddy Hasten, president and CEO of the Electric Cooperatives of Arkansas. He said Lohse would be a valued member of the cooperatives’ more than 4,000 employees.
Lohse has a bachelor’s degree in business administration from Seattle Pacific University, an MBA from Washington University’s Olin School of Business, and is also a certified treasury professional, according to a news release from the cooperatives.
In the release, Lohse said he was happy to join the cooperatives at what he called an exciting time. “Arkansas Electric Cooperative Corp. is one of the most financially sound generation and transmission cooperatives in the nation, and Arkansas Electric Cooperative Inc.’s growth is phenomenal. The strong growth of the cooperatives’ ERMCO, Diamond State Networks and Today’s Power Inc. organizations continue to fuel the overall success of Arkansas’ electric cooperatives and further contributes to customer affordability.”
The Electric Cooperatives of Arkansas comprise AECC, AECI and the state’s 17 electric distribution cooperatives. Those cooperatives provide electricity to about 600,000 homes, farms and businesses in Arkansas and surrounding states.
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