Business Briefs

NC electric co-ops name new CEO

Posted January 11, 2012 12:01 p.m. EST

— The North Carolina Electric Membership Corp. has named Joseph Brannan as chief executive of its 26 local electric cooperatives.

Brannon, who has been chief operating officer and senior vice president of power supply for the organization, succeeds Richard Thomas, who has led the company since 2006 and plans to retire at the end of April.

"Joe possesses the knowledge and talent to continue to move this company forward in order to meet the energy needs of our members,” NCEMC Board President Donnie Spivey said in a statement.

North Carolina’s electric cooperatives provide energy to 2.5 million people in 93 of the state’s 100 counties. The electric cooperatives own and maintain 97,000 miles of power lines, the most of any electric utility in North Carolina.