For immediate release: 9/9/10

Change in leadership at September board meeting

Chernicky to serve as GRDA Chairman

 

 

 

 Betty Kerns

 David Chernicky

 Steve Spears

 Vinita – David Chernicky (Tulsa), a seven-year veteran of the Grand River Dam Authority Board of Directors will serve as GRDA Chairman during the next 12 months. The change in leadership took place during the September 8 meeting of the GRDA Board, in Vinita.

Chernicky, who had served as chair-elect since September 2009, takes over for outgoing GRDA Chair Betty Kerns (Stillwater). Also during the September 8 meeting, Steve Spears (Cushing) was elected to serve as chair-elect during the coming year.

"Chairman Chernicky's financial knowledge and leadership will be very important to GRDA as we prepare for significant bond issue this fall," said GRDA Chief Executive Officer Kevin Easley. That bond issue will allow GRDA to complete some needed expansion to its electric transmission system, while also addressing other areas that will help the utility maintain its reputation as Oklahoma's low-cost, reliable electricity supplier, added Easley.

Chernicky was appointed to the GRDA Board by Oklahoma Governor Brad Henry in September 2003 and serves as the industrial and commercial customer representative. He also sits on the Oklahoma Ordnance Works Authority Board of Trustees for the Mid America Industrial Park. He is the president and chief executive officer of New Dominion, LLC, an independent oil and gas exploration and production firm based in Tulsa, Oklahoma. He previously served as GRDA Chairman in 2004-05.

Also appointed by Governor Henry, Kerns began her board service in October 2008. She represents economic development interests, lake enthusiasts and property owners. Since her appointment she has served as chair of the GRDA Assets Committee. She has also served as a member of the board of directors of Southwest Bancorp and the Stillwater National Bank. Other areas of involvement have included service as chair of CompSource Oklahoma Board of Managers; president of The Foundation for Sheltered Workshop of Payne County; board of directors of the Payne County CASA Association and board of trustees of Stillwater Medical Center.

"Director Kerns has been very involved during her time as chair," said Easley. "The effort and time she has spent on GRDA issues leaves no doubt that she is dedicated to moving this organization ahead."

Spears has been a member of the GRDA Board since May 2000 and serves as an ex-officio director and designee for the Municipal Electric Systems of Oklahoma (MESO) Executive Director. He is the city manager/engineer for Cushing, Oklahoma, and previously served as GRDA Chair in 2006-07.

“Director Spears is our longest-tenured director, having served GRDA for over a decade now," said Easley. "We're fortunate to have his experience in a key leadership position during this important period for our organization.”

Headquartered in Vinita, GRDA is funded by the revenues from the sale of electricity and water. GRDA is governed by a seven-member board of directors comprised of representatives from each GRDA customer class (municipals, electric cooperatives and industrials) as well as the GRDA lakes area.

Grand River Dam Authority News Release

Contact: Justin Alberty Corporate Communications Director

Grand River Dam Authority - (918) 256 5545

jalberty@grda.com   -  www.grda.com