York Electric Cooperative appoints new CEO

York Electric Cooperative appoints a new CEO. Here is the full press release from YEC.

FOR IMMEDIATE RELEASE
York Electric Cooperative Appoints Craig Spencer as New CEO
York, SC – February 29, 2024
York Electric Cooperative (YEC) proudly announces the appointment of Craig Spencer as its
new Chief Executive Officer (CEO). Spencer’s appointment to CEO will officially begin on June
11, 2024, following the retirement of E. Paul Basha. Spencer transitioned from Vice President of
Engineering, a role he has held since 2003, to Chief Operating Officer (COO) after the board’s
decision. Spencer, who joined YEC in 1992, has played an integral role in the cooperative’s
growth and success.
Spencer’s appointment follows a thorough selection process overseen by the board of directors,
which included internal and external interviews. The decision to appoint Spencer was
unanimous, reflecting their confidence in his ability to lead YEC into the future while
maintaining the cooperative’s core values.
With over three decades of experience at YEC, Spencer brings a deep understanding of the
cooperative’s operations, culture, and member needs to his new role. As VP of Engineering, he
has been instrumental in ensuring the reliability and efficiency of YEC’s energy delivery
infrastructure, earning the trust and respect of colleagues and members alike.
“In Craig Spencer, we have found a leader who embodies the values and principles that define
York Electric Cooperative,” said Tom Settlemyre, Chair of the Board of Directors at YEC.
“Craig’s extensive experience, coupled with his unwavering commitment to our mission, ensures
a seamless transition and continuity of service excellence for our members.”
Outgoing CEO E. Paul Basha leaves behind a remarkable legacy of leadership and community
engagement, having served YEC for a total of 35 years, with 23 as the co-op’s CEO. Spencer is
honored to follow in his footsteps, building upon the strong foundation laid by Basha and
steering YEC towards continued success and innovation.
“I am deeply humbled and honored to assume the role of CEO at York Electric Cooperative,”
said Craig Spencer. “I am committed to upholding the cooperative’s priority to always look out
for our members, ensuring that we continue to meet their evolving needs and those of our
surrounding communities.”

As Craig Spencer prepares to assume the CEO position on June 11, 2024, YEC reaffirms its
commitment to delivering reliable, safe, and affordable energy solutions, continued community
engagement and education, while empowering members and enriching the communities it serves.

About York Electric Cooperative:
York Electric Cooperative is a member-owned, not-for-profit electric utility serving over 69,000
members in the counties of York, Cherokee, Chester and Lancaster in upstate South Carolina.
Proudly owned by those we serve since 1941, YEC continues their legacy of dedication to their
members and greater communities by providing reliable, safe and affordable energy solutions
while enriching the lives of its members and local neighbors. For more information, visit
www.yorkelectric.net.