Electric Co-op president/CEO receives industry award

NORTH CONWAY — Fred Anderson, the President/CEO of New Hampshire Electric Cooperative (NHEC), has won the 2014 George D. Aiken Award for his achievements in the rural electric power industry.

Presented annually by the Northeast Association of Electric Cooperatives (NEAEC), the Aiken Award recognizes individuals who exemplify the ideals and practices of George D. Aiken, a Vermont native, governor and US Senator for 34 years. His vision and action were instrumental in the conception and implementation of the Rural Electrification Administration which President Franklin D. Roosevelt signed into law on May 11, 1935.

Anderson joined NHEC in 1981 as the Director of Finance & Administration/CFO responsible for financial, accounting, treasury, human resources and information technology. One of his first assignments was obtaining capital for the Cooperative's 2% interest in the Seabrook Nuclear Power Plant. In 1992 he became the President/CEO, leading the Cooperative out of bankruptcy and into the solid financial strength it enjoys today.

He is a long-time member of the Cooperative community, having served as a Director of the National Rural Utilities Cooperative Finance Corporation (CFC) where he was a member of the Executive and Compensation committees and Chair of the Audit Committee. He also served on the Cooperative Research Council (CRC) Board of Directors and is past President of the Northeast Public Power Association (NEPPA), as well as past President, Vice President and Treasurer for the Northeast Association of Electric Cooperatives (NEAEC). Anderson is also past President of the Consumer Owned Energy Foundation. He is a Cooperative Credentialed Director and Founding Board member of the NHEC Foundation.

He has also served the greater community at large, active as a past board member of the Whole Village Family Resource Center in Plymouth, NH, the Plymouth Regional High School Board and past Director of Northway Financial, as well as the Pemigewasset National and Berlin City banks. He has also served on the Northway Financial Audit Committee. Anderson was presented the Aiken Award at the NEAEC Annual Meeting, held in May in North Conway.