January 17, 2018, Overton, NV. Overton Power District No. 5 board trustee Mike Fetherston was recognized at the last board meeting held on January 17, 2018, for earning the National Rural Electric Association (NRECA) Director Gold Certificate and lapel pin.
Director Gold is an NRECA certificate program geared toward directors who are committed to continuing their education beyond CCD and BLC, and who desire a tangible credential that reinforces their stature as part of a group of experienced and educated directors.
To earn Director Gold, directors must first earn NRECA’s Credentialed Cooperative Director Certificate (CCD), the Board Leadership Certificate, plus three additional credits from the BLC courses. The CCD is a set of five courses that focus on basic governance knowledge and the essential skills required of electric utility directors. The program requires attendance and a demonstrated understanding of the basic competencies contained in five core courses:
- Director Duties and Liabilities
- Understanding the Electric Business
- Board Roles and Relationships
- Business Planning
- Understanding Financial Planning
Upon completion of all five CCD courses, directors are awarded the Credentialed Cooperative Director Certificate by NRECA.
The second part of the director education program is the Board Leadership Certification (BLC). The Board Leadership Certification covers a series of courses focusing in greater depth on specific industry and governance issues. These include issues such as:
- Risk management
- Power supply
- Parliamentary procedure
- Technology and policy development
Directors must first obtain the Credentialed Cooperative Director Certificate and then complete a total of 10 additional training credits for the advanced Board Leadership Certification.
The Director Gold Certification demonstrates to customers and other stakeholders, a directors’ ongoing commitment to advancing their knowledge and performing their fiduciary duty to the best of their ability.
Mendis Cooper, Overton Power District No. 5 General Manager said “This program takes a lot of time and commitment to complete, Mike has worked hard to stay informed. I appreciate his dedication to our communities”.
Mr. Fetherston was elected as a trustee in 2006 to the Overton Power District No. 5 Board of Trustees and currently serves as the Chairman.