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PDEC, MEC agree to merge

on Tuesday, 22 September 2020. Posted in Good life, Local News

PDEC, MEC agree to merge

Pee Dee Electric Cooperative and Marlboro Electric Cooperative recently announced their entry into a management agreement. 

Under the terms of the agreement, William Fleming Jr. will serve as president and CEO of both cooperatives. This strategic partnership aligns the two neighboring electric cooperatives in an effort to create economic benefits, long-term efficiencies and provide overall improved service for the members of both entities. The combined service areas will result in the largest geographical territories of any commonly managed cooperatives in South Carolina. 

Having held the position of president and CEO of both Marlboro Electric Cooperative and Marlboro Development Team since 2014, Fleming previously served as Vice President of Marketing and Economic Development at Pee Dee Electric. An alumnus of Harvard University and Harvard Business School, Fleming also holds two degrees from the University of South Carolina, and a certificate from Massachusetts Institute of Technology in Applied Neuroscience and Mathematics. 

“With his proven leadership record and past Pee Dee Electric experience, we are pleased to have William Fleming take the management reins,” notes James Goodson, Chairman of Pee Dee Electric. “We look forward to the continued success of Pee Dee Electric and our members under this partnership agreement.” 

“We are very excited and grateful to partner with Pee Dee Electric,” says Fleming, “and see this relationship as providing opportunities to continue PDEC board’s focus on rates and facilitating growth for all members and communities we serve.”

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