New FELPS CEO is thinking of the future, updates board



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New FELPS CEO Mark Crowson, who joined the utility in March, presents his assessment of the utility to trustees at the April 27 board meeting. KIM JOHNSON//Wilson County News

New FELPS CEO Mark Crowson, who joined the utility in March, presents his assessment of the utility to trustees at the April 27 board meeting. KIM JOHNSON//Wilson County News

[Video below] “We need to be thinking about the future,” said Mark Crowson, Floresville Electric Light & Power System’s new chief executive officer.

Crowson gave his assessment of the utility to FELPS board members at their April 27 meeting. Board members approved to hire Crowson February.

“The most valuable asset on a system is a power transformer,” Crowson said. “We have nine of them, and five of those nine are already past their useful life. We need to have a replacement plan.”

Crowson also told board members “I have a background in outage analysis [and] outage information … we’ll be improving that.”

In his assessment, he also told trustees that he intends to focus on employee retainment. “We have really good employees, [with] strong company loyalty, [and] a lot of pride in what they do,” the CEO explained.

In other business, the board:

•Authorized Crowson to act on behalf of FELPS with prospective counterparties in natural gas hedging contracts; the unanimous vote followed a presentation by Schneider Engineering’s Ramsey Cripe

•Appointed Crowson as a pension committee member; this position is typically filled by the utility’s CEO

•Approved to raise the maximum limit of the Repair and Replacement Fund for capital improvements from $250,000 to $1 million.

kjohnson@wcn-online.com