Valley Electric Names Interim Chief Executive

PAHRUMP, Nev. (March 4, 2019) – Richard Peck, a longtime utility executive, was named interim Chief Executive of Valley Electric Association Monday and will serve in that capacity until further notice, said Ken Derschan, President of the VEA Board of Directors.

“Dick has a wealth of experience with cooperatives, and he should be a big help,” said Derschan.

Peck, of Kenai, Alaska, is the owner of Utility Innovations Plus, a management consulting and renewable energy business. He replaces Steve Morrison, VEA CFO, who was named acting Chief Executive last week after CEO Angela Evans was placed on administrative leave by the Board of Directors. Morrison will return to his previous position as CFO.

“I am happy to be in Pahrump, and I believe I can be of assistance to Valley Electric,” said Peck. “I think I can be most helpful as a resource to staff and to the Board. When a utility is in stress – whether it be financial or political – that’s what I am drawn to.”

The naming of Peck as interim executive followed the Cooperative’s succession policy. The Board had 10 days to name an interim Chief Executive after the appointment of an acting Chief Executive, said Derschan.

Peck’s 47-year career in public power has included 24 years as a CEO of rural utilities in the West and four years of international consulting in South America and South East Asia. He started his public power career in October 1969 at Homer Electric Association in Homer, Alaska.

In 2012 Peck was selected as Interim General Manager of Beartooth Electric Cooperative in Red Lodge, Mont., to assist the board on organizational and financial issues. Three years later, he returned to his Alaska home on the Kenai Peninsula to continue his consulting business after developing a management agreement for Beartooth Electric with Lower Valley Energy, a Wyoming Cooperative.

Peck was born and raised in the Pacific Northwest. He earned an AA&S in Electrical Engineering and a bachelor’s degree in Business from University of Central Washington in June 1969. He fell in love with Alaska while commercial salmon fishing in southwest Alaska. He returned to Alaska in May 2004 as Director of Unalaska Public Utilities.

He was a Board Member and President of the Unalaska-Iliuliuk Family Health Services Clinic, a member of the Unalaska Scouting Committee, Two terms Unalaska City Council Member and Member of the Unalaska Fish & Game advisory Board.

Peck is a past President of the Kenai Rotary and is an advisory board member of the Kenai Peninsula College.
Peck has been married to Vicki for 54 years, and they have three children and five grandchildren. He is a United States Marine Corps veteran and resides in Kenai, Alaska.