Pahrump, NV (June 14, 2024) – Valley Electric Association, a rural not-for-profit cooperative serving the Southwest part of Nevada, announced during their May board meeting’s open session that CEO Mark Stallons will be stepping down at the end of the year.
Stallons, a veteran of the electric cooperative industry for over 30 years, joined Valley in January 2020 and committed to serving the co-op for a term of five years. He has fulfilled that commitment and will officially retire in December 2024.
“It’s been an honor to lead the team at Valley these past few years,” Stallons said in a statement. “I’m pleased with the work we’ve done together to build a collaborative team and ensure our members have reliable and affordable services.”
Valley Electric’s Board of Directors has contracted with Mycoff Fry Partners LLC (MFP) to conduct a nationwide search for Stallons’ replacement.
“We’re grateful for Mark’s leadership and dedication to the Cooperative,” said Board President Michelle Caird. “The Board is committed to finding a qualified and experienced successor who can continue Valley Electric’s tradition of member service, innovation, and community.”
MFP is a recognized leader in the recruitment of executives, management personnel, and industry experts for the electric, natural gas, and water industries. The firm posted the position on its website on June 7th and will be doing outreach to their vast list of contacts to aid in the recruitment process. MFP has successfully helped with the hiring of over 200 CEOs in the utility industry. The recruitment process is expected to take several months.
Stallons, who previously ran co-ops in Kentucky and Illinois, is credited with strengthening the organization’s financial position, leading the Fiber-to-the-Home project, and guiding the co-op to a culture of collaboration and accountability.
The Board is confident that Valley will maintain its strong position under new leadership and is diligently seeking an innovative and experienced successor.