The Empire District Electric Company Announces Change to Its Board of Directors.Business Editors
JOPLIN, Mo.--(BUSINESS WIRE)--March 26, 2004
Mr. Bill Gipson, President and CEO of The Empire District Electric Company, today announced that Mr. Francis E. Jeffries will retire from the board on April 22, 2004.
Mr. Allan T. Thoms has been nominated to fill the board vacancy left by Mr. Jeffries' retirement and will stand for election at the company's annual meeting of shareholders on April 22, 2004.
Mr. Jeffries was elected to the board in 1984, and has served the board with distinction for twenty years providing the benefit of his extensive experience in utility finances. During his years of service on the Empire board, the company grew from 104,000 to 157,000 customers, from a peak demand of 524 megawatts to 1,041 megawatts, and from a gross utility plant of $314,404,000 to $1,200,246,838.
Mr. Jeffries is retired Chairman and Director of Phoenix Duff & Phelps Corporation, Chicago, Illinois, a leading investment management firm offering comprehensive money management services. Prior to his work at Duff and Phelps, Mr. Jeffries was employed in various engineering and management positions by the Bolivian Power Company, La Paz, Bolivia, South America. Mr. Jeffries is a charter financial analyst and professional engineer with a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science
bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Electrical Engineering and a Master of Business Administration from the University of Iowa Not to be confused with Iowa State University.
The first faculty offered instruction at the University in March 1855 to students in the Old Mechanics Building, situated where Seashore Hall is now. In September 1855, the student body numbered 124, of which, 41 were women. .
During his career, Mr. Jeffries was engaged in utility financial consulting, testified extensively in utility rate cases, and was a member of the Credit Rating Committee of Duff & Phelps. He also lectured on rate regulation utility financing and the analysis of public utility companies and their securities at Northwestern University and Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. .
Mr. Jeffries served in the United States Army United States Army
Major branch of the U.S. military forces, charged with preserving peace and security and defending the nation. The first regular U.S. fighting force, the Continental Army, was organized by the Continental Congress on June 14, 1775, to supplement local in Korea and was discharged in 1954 with the rank of Lieutenant.
Mr. Allan Thoms is currently a consultant with Wilk & Associates/LECG of San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation).
The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] , providing regulatory advocacy services to state regulatory commissions. From 2001 to 2003, he was Vice President, Public Policy and External Affairs, for Verizon Communications Inc. From 1995 to 2001, he served on the Iowa Utilities Board, serving as Chairman of the Board. He held various executive positions for the State of Iowa from 1986 to 1994, including Chief of Staff to Governor Terry Branstad and Director of the Iowa Department of Economic Development. He served as Senior Vice President, Chief Administrative Officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive , and Treasurer of Dubuque Packing Company The Dubuque Packing Company was a former meat packing company based in Dubuque, Iowa. It was recognized for the quality of its products, and in the 1950's it became one of the largest employers in the city. The company was widely known in the community as "The Pack. from 1982 to 1986, and President of Rowley Interstate Transportation Company from 1979 to 1982. From 1968 to 1979, he worked for the Dubuque Bank and Trust Dubuque Bank & Trust is a bank that is headquartered in Dubuque, Iowa, United States. The bank is one of several banks owned by Dubuque-based Heartland Financial USA, Inc. Branch locations
Mr. Thoms has served as Commissioner of the Iowa Department of Transportation The Iowa Department of Transportation (Iowa DOT) is a state government organization in charge of maintaining public roadways of the U.S. state of Iowa. External links
He was appointed by the Chairman of the FCC as a charter member of the Board of the Universal Service Administrative Company The Universal Service Administrative Company is an American nonprofit corporation designated as the administrator of the federal Universal Service Fund (USF) by the Federal Communications Commission. , Washington, D.C. He also served on the Board of Directors, the Executive Committee of the Board, and as Treasurer of the National Association of Regulatory Commissioners (NARUC). He has served on the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Clarke College, as Director of Dubuque Packing Company, and as Secretary to the Board of Dubuque Bank and Trust Company.
He is currently a Director of Carlisle Communications Company.
Mr. Thoms is a native of Clinton, Iowa. He received a Bachelor of Arts in Business from Parsons College, Fairfield, Iowa, and his LLB from the College of Law at the University of Iowa, Iowa City, Iowa. He also holds an accreditation from the University of Wisconsin Graduate School of Banking, Madison, Wisconsin.
Mr. Thoms resides in Mill Creek, Washington.
Based in Joplin, Missouri, The Empire District Electric Company (NYSE NYSE
See: New York Stock Exchange :EDE) is an investor-owned utility providing electric service to approximately 157,000 customers in southwest Missouri, southeast Kansas, northeast Oklahoma, and northwest Arkansas. The Company also provides fiber optic and Internet services, customer information software services, utility industry technical training, and has an investment in close-tolerance, custom manufacturing. Empire provides water service in three incorporated communities in Missouri.
Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements address future plans, objectives, expectations, and events or conditions concerning various matters. Actual results in each case could differ materially from those currently anticipated in such statements, by reason of the factors noted in our filings with the SEC, including the most recent Form 10-K.