Basin Electric Power Cooperative executive vice president and CFO Paul Sukut has been named interim CEO and general manager effective immediately. Former CEO and general manager Andy Serri tendered his resignation.
“Senior management changes happen daily throughout the business world and it is one of the responsibilities of a board to ensure that a strong succession plan is in place,” said Wayne Peltier, president of the Basin Electric board of directors. “In Paul, we have an experienced, capable public utility executive who will step into his new role without missing a beat. Paul’s recent promotion to executive vice president is a reflection of the confidence we have in his leadership and in his ability to assume the responsibilities of the CEO and general manager position at this time.”
“Having just celebrated my 30th anniversary with Basin, it’s fair to say the co-op is ‘in my blood,’” Sukut said. “It’s been a privilege over three decades to work with such a talented group of men and women doing critical, life-changing work for millions of people, and it’s an honor to serve in this new role.”
Sukut has been employed with Basin Electric since 1983 and has worked in the energy industry since 1979.