The Sioux Valley Energy Board of Directors selected Tim McCarthy as the electric cooperative’s new General Manager and CEO. McCarthy succeeds Don Marker who will retire after serving as GM/CEO for 14 years. McCarthy will begin his duties at Sioux Valley on Monday, March 11.
With 25 years of utility management experience, McCarthy’s expertise includes senior leadership, field operations, distribution dispatching, billing, collections, training, customer service, and call center management. Most recently, McCarthy served as CEO for Indiana-based Tipmont REMC since 2009. He held the position of Tipmont’s Manager of Member Service from 2007-2009. Prior to that time McCarthy worked for 19 years with a large Midwest investor-owned utility.
Board Chairman, Mark Rogen, says the cooperative will benefit from McCarthy’s experience and vision. “Tim is a talented and experienced individual who is customer-focused and forward-thinking. The Board is confident that he will be an extraordinary leader for Sioux Valley Energy as the cooperative continues to grow and electric needs diversify. After a comprehensive national search process, we are pleased to welcome Tim and look forward to introducing him at the upcoming district meetings to our members,” Rogen said.
McCarthy was born and raised in Thayer, Illinois. He attended Southern Illinois University where he received a Bachelor’s Degree in Communications / Journalism. He also has a Master’s Degree in Management from the University of Maryland. Additionally, McCarthy earned his Master’s Certificate in Six Sigma from Villanova University and graduated from the National Rural Electric Cooperative Association’s Management Internship Program. He has been married for over 21 years to his wife, Jamie. Together, they have a daughter, Tayler, who is a sophomore at Purdue University, and a son, Zakary, who is a junior in high school.
“I am honored and humbled that the Board has provided this opportunity to serve the members and employees of Sioux Valley Energy. The cooperative has a very good reputation in the industry and Don Marker has done an exceptional job leading the organization in his time here. He is a respected leader and will be a tough act to follow. I’m anxious to get started and look forward to meeting the staff and the members at the upcoming district meetings,” McCarthy said.
McCarthy will also serve as CEO for the cooperative’s wholly-owned subsidiary, Sioux Valley Wireless.
Sioux Valley Energy, a Touchstone Energy Cooperative, is a member owned-utility, providing reliable electric service at cost-based rates to over 22,000 homes, farms, businesses and industries in a seven-county area of east-central South Dakota and southwest Minnesota.