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National Rural Utilities Cooperative Finance Corp elects Mark A. Suggs as president

Published 02/07/2025, 23:38
National Rural Utilities Cooperative Finance Corp elects Mark A. Suggs as president
NRUC
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National Rural Utilities Cooperative Finance Corp (NYSE:NRUC) announced that its board of directors elected Mark A. Suggs as president on Monday. Suggs, age 68, has served as executive vice president and general manager of Pitt & Greene Electric Membership Corporation in Farmville, North Carolina, since September 1983. He has also held director roles at North Carolina Electric Membership Corporation, where he served as president from 2015 to 2017, and at North Carolina Association of Electric Cooperatives, where he was president from 2010 to 2011. Suggs has been a director at Tarheel Electric Membership Association in Raleigh, North Carolina, since 1984.

Also on Monday, Darick Eisenbraun notified the board of his resignation as director, effective the same day. According to the company, Eisenbraun’s decision to resign was for personal reasons and not due to any disagreement with the company regarding its operations, policies, or practices.

The information in this article is based on a statement from a recent SEC filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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