Manager Nygren announces retirement
During the annual meeting, Nygren announced it was his last meeting as manager. He will be retiring in March 2016, after serving for 31 years. He was hired at Capital Electric in September 1983 after managing Verendrye Electric Cooperative’s Minot office for eight years. When he started at Capital Electric, the cooperative had 5,721 consumers. Today, that number is more than 18,600 member-owners, which is a 325-percent increase. In 1983, the cooperative sold 87,657, 531 kilowatt-hours, compared to last year’s sales of 332,728,417, which is a 380-percent increase. The co-op had a total of 26 full-time employees in 1983, and today it has 34 full-time employees, which is only a 30-percent increase.
“You have a very hard-working, productive, dedicated group of employees, who have made the job of manager much easier,” he stated, addressing the employees. “You have embraced technology and the automation of the system, which is the key to why the employee numbers per-consumer are significantly different today than they were when I started. Back in 1983 we had 220 consumers per-employee. Today, that number is 547 consumers per-employee, ranking Capital Electric in the top 5 percent in the nation.”
Nygren also thanked the “loyal and dedicated” members of Capital Electric for their support, the cooperative’s board of directors for making his career possible, and his wife Helen for her continued support.
“Thank you for this great opportunity. As the saying goes, ‘It has been a great ride.’ Hopefully I will see you along the co-op trail in the future,” he said.