June 29, 2023
Contact: Charles Gloeckner, Vice President, Corporate Communications, 800-424-2954
DULLES, Va.—Directors from South Carolina, Georgia and North Carolina have been elected officers of the board of directors of the National Rural Utilities Cooperative Finance Corporation (CFC) following the CFC 2023 Annual Membership Meeting June 19 in Seattle.
David Felkel, president and CEO of Edisto Electric Cooperative in Bamberg, South Carolina, was named president of the board. Felkel was first seated on the board in 2018, representing District 2. He has been CEO at Edisto since 1997.
G. Anthony Norton, a director of Snapping Shoals Electric Membership Corporation (EMC) in Covington, Georgia, was elected vice president. Norton joined the board in 2019, also representing District 2. He is the current chair of the Georgia System Operations Corporation board and is a past chair of the Georgia EMC (statewide) board.
Mark Suggs, executive vice president and general manager of Pitt & Greene Electric Membership Corporation in Farmville, North Carolina, will fill the board secretary-treasurer post. Suggs was first seated on the board in 2020 and just began his second three-year term. He has been at the helm of Pitt & Greene since 1984. He is also a director of North Carolina Electric Membership Corporation (G&T) and the North Carolina Association of Electric Cooperatives (statewide).
“CFC is fortunate to have a very experienced and knowledgeable board that is dedicated to the success of the electric cooperative network and provides excellent strategic guidance for the organization,” CFC Senior Vice President and Chief Corporate Affairs Officer Brad Captain said. “Everyone at CFC looks forward to working with David, Anthony and Mark in their new leadership roles on the board.”
CFC is governed by a democratically elected, 23-member board of directors. The board represents 11 districts, with one at-large position. Directors are elected for a three-year term and can serve a maximum of two consecutive terms.
Created and owned by America’s electric cooperative network, the National Rural Utilities Cooperative Finance Corporation (CFC)—a nonprofit finance cooperative with $34 billion in assets—provides unparalleled industry expertise, flexibility and responsiveness to serve the needs of our member-owners. CFC is an equal opportunity provider. Visit us online at www.nrucfc.coop.