BNET Industries

Last Fiscal Year Sales:$1.2B
  • Private
  • US
Dow Jones Description

We are a Georgia electric membership corporation incorporated in 1974 and headquartered in metropolitan Atlanta. We are owned by 38 retail electric distribution cooperative members. Our principal business is providing wholesale electric power to our members. As with cooperatives generally, we operate on a not-for-profit basis. We are the largest electric cooperative in the United States in terms of assets, kilowatt-hour sales to members, and, through our members, consumers served. Our members are local consumer-owned distribution cooperatives providing retail electric service on a not-for-profit basis. In general, our members' customer base consists of residential, commercial and industrial consumers within specific geographic areas. Our members serve approximately 1.7 million electric consumers (meters) representing approximately 4.1 million people.

President & CEO
Thomas A. Smith
Number of Employees 176
Contact Information

2100 E Exchange Pl

Tucker, Georgia 30084-5336

opc.com

(770) 270-7600

NAICS Code Electric Power Distribution: 221122

Recent Events

  • Fitch Rates Oglethorpe Power's Georgia $115MM Pollution Control Revs 'A'; Outlook Stable

    11/20/09 - Bond / Stock Rating - View Story

  • In-house Counsel Career Changes

    9/22/09 - Mgmt. Change Entering - Vice President - View Story

  • Oglethorpe Power To Purchase Hartwell Peak Generating Plant

    8/04/09 - Merger / Acquisition - View Story

  • Oglethorpe Power Names Chuck Whitney as SVP and General Counsel

    7/25/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

oglethorpe power corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Thomas A. Smith President & CEO
Brian M Prevost Vice President, Controller (Chief Accounting Officer)
Clay Robbins Senior Vice President, Chief Administrative Officer
Clayton Robbins Chief Admin Officer
Elizabeth B. Higgins Executive Vice President & Chief Financial Officer
Michael W. Price Executive Vice President & Chief Operating Officer
W. Clay Robbins Senior Vice President, Government Relations and Chief Administrative Officer
Clarence D. Mitchell Senior Vice President
George B. Taylor Senior Vice President
Jim Messersmith Senior Vice President, Plant Operations
Keith Russell Senior Vice President, Construction
Anne F. Appleby Treasurer & Vice President
Dale R Murphy Vice President, Contracts and Capital Projects
Doug Fulle Vice President, Environmental Affairs
George L. Taylor Vice President
Jami G. Reusch Vice President, Human Resources
Rob Carlton Vice President, Planning
Tara Givins Vice President, Risk Management and Corporate Compliance
Anthony Ham Member Director, Southeast Region
G. Randall Pugh Member Group Director
Gary A. Miller Manager Director
Gary W. Wyatt Manager Director
Jeffrey W. Murphy Director of Oglethorpe
John S. Ranson Outside Director
Larry N. Chadwick Member Director, Northwest Region
Marshall S. Millwood Member Director, Northeast Region
Robert E. Rentfrow Manager Director
Herbert J Short Oglethorpe's General Counsel
Raphael A Brumbeloe Member
William F. Ussery Executive Vice President, Member and External Relations

Board of Directors

Name (plus bio) Position
Benny W. Denham Chairman of the Board, Member Director, Southwest Region
Ashley C. Brown Board of Directors
Bobby C. Smith Jr. Board of Directors
Bud Wiley Board of Directors
C. Hill Bentley Board of Directors
H.B. Wiley Jr. Board of Directors
J Sam L Rabun Vice Chairman of the Board, Member Director, Central Region
J. Sam L. Rabun Board of Directors
M. Anthony Ham Board of Directors
Oglethorpe Power Member Board of Directors
Rick L Gaston Board of Directors
Sam Rabun Board of Directors
Thomas J. Brendiar Board of Directors
William Ronald Duffey Board of Directors

Organization Position Status
Oglethorpe Power Corp. President & CEO Current
Oglethorpe Power Corp. Vice President, Finance Former
Oglethorpe Power Corp. Senior Financial Officer Former

Organization Position Status
Oglethorpe Power Corp. Vice President, Controller (Chief Accounting Officer) Current

Organization Position Status
Oglethorpe Power Corp. Senior Vice President, Chief Administrative Officer Current
Oglethorpe Power Corp. Administration Executive Current
Intelli-Source Senior Vice President Former
Intelli-Source General Manager Former
The University of North Carolina at Charlotte BA Degree In Business Administration Former

Organization Position Status
Oglethorpe Power Corp. Chief Admin Officer Current

Organization Position Status
Oglethorpe Power Corp. Executive Vice President & Chief Financial Officer Current
Oglethorpe Power Corp. Senior Vice President Former
Oglethorpe Power Corp. Vice President Former
Southern Engineering Project Manager Former
Energy Management Associates, Inc Senior Consultant Former
Deloitte Touche Tohmatsu Former
Georgia State University Master of Business Administration Degree Former
Georgia Institute of Technology Bachelor of Industrial Engineering Former

Michael W. Price was named chief operating officer (COO) of Oglethorpe Power Corporation in February 2000. He previously served as COO of Georgia System Operations Corporation (GSOC), one of three companies formed in the restructuring of Oglethorpe Power in March 1997. Before assuming the COO position, Mr. Price was Vice President, System Planning and Construction, for Georgia Transmission Corporation (GTC), another of the companies formed in the 1997 restructuring. An Alabama native, Mr. Price holds a bachelor's degree in electrical engineering from Auburn University and has completed postgraduate work in marketing, accounting and finance at Georgia State University. He serves on the Board of Directors of Southeastern Federal Power Customers, Inc., the Board of Managers of ACES Power Marketing, the Research Advisory Committee (RAC) of the Electric Power Research Institute (EPRI), and the Advisory Board of Garrard Construction.

Organization Position Status
Oglethorpe Power Corp. Executive Vice President & Chief Operating Officer Current
Aces Power Marketing LLC Board of Directors Current
Serc Reliability Corporation Director Current
Oglethorpe Power Corp. Board of Directors Current
Gsoc, Inc. Chief Operating Officer Former
Oglethorpe Power Corp. Senior Vice President Former
Gsoc, Inc. Senior Vice President Former
Georgia Transmission Corporation Vice President, System Planning Former
Gsoc, Inc. Manager Former
Tennessee Valley Authority Field Test Engineer Former
Auburn University Bachelor's Degree In Electrical Engineering Former

W. Clayton Robbins is the Senior Vice President, Government Relations and Chief Administrative Officer of Oglethorpe and has served in the office since July 2006. Mr. Robbins served as Chief Administrative Officer from January 2006 to June 2006; served as Senior Vice President, Administration and Risk Management from October 2002 to December 2006; and served as Senior Vice President, Finance and Administration from November 1999 to September 2002. Mr. Robbins served as Senior Vice President and General Manager of Intellisource, Inc. from February 1997 to October 1999. Prior to that, Mr. Robbins held several positions at Oglethorpe since 1986, including senior Vice President, Support Services from December 1991 to January 1997 and Vice President, market Research and Analysis from December 1989 to November 1991. Before coming to Oglethorpe, Mr. Robbins spent 18 years with Stearns-Catalytic World Corporation, a major engineering and construction firm, including 13 years in management positions responsible for human resources, information systems, contracts, insurance, accounting, and project development. Mr. Robbins has a Bachelor of Arts degree in Business Administration from the University of North Carolina at Charlotte. Mr. Robbins serves on the Advisory Board of FM Global Insurance Company.

Organization Position Status
Oglethorpe Power Corp. Senior Vice President, Government Relations and Chief Administrative Officer Current
Intelli-Source Senior Vice President Former
Intelli-Source General Manager Former
The University of North Carolina at Charlotte Bachelor of Arts Degree In Business Administration Former

Organization Position Status
Oglethorpe Power Corp. Senior Vice President Current

Organization Position Status
Oglethorpe Power Corp. Senior Vice President Current

Organization Position Status
Oglethorpe Power Corp. Senior Vice President, Plant Operations Current

Organization Position Status
Oglethorpe Power Corp. Senior Vice President, Construction Current

Organization Position Status
Oglethorpe Power Corp. Treasurer & Vice President Current
Oglethorpe Power Corp. Treasurer Current

Organization Position Status
Oglethorpe Power Corp. Vice President, Contracts and Capital Projects Current

Organization Position Status
Oglethorpe Power Corp. Vice President, Environmental Affairs Current

Organization Position Status
Oglethorpe Power Corp. Vice President Current

Organization Position Status
Oglethorpe Power Corp. Vice President, Human Resources Current
Oglethorpe Power Corp. Director of Human Resources Former
Georgia State University Master of Human Resource Development Degree Former
Georgia State University Bachelor of Education Degree Former

Organization Position Status
Oglethorpe Power Corp. Vice President, Planning Current

Organization Position Status
Oglethorpe Power Corp. Vice President, Risk Management and Corporate Compliance Current

M. Anthony Ham is the Member Director from the Southeast Region. He became a member of the Board of Directors of Oglethorpe in March 2004, and his term will expire in March 2008. He is also a member of the Compensation Committee. Mr. Ham is the Clerk of the Superior and Juvenile Courts in Brantley County, Georgia. He is a Director of Okefenoke Rural EMC.

Organization Position Status
Oglethorpe Power Corp. Member Director, Southeast Region Current
Oglethorpe Power Corp. Board of Directors Current

Organization Position Status
Oglethorpe Power Corp. Member Group Director Current
Oglethorpe Power Corp. Board of Directors Current

Organization Position Status
Greystone Power Corporation CEO Current
Greystone Power Foundation, Inc President, CEO Current
Greystone Power Corporation President Current
Oglethorpe Power Corp. Manager Director Current
Wellstar Health System, Inc Board of Directors Current
Development Authority Treasurer Current
Cobank Board of Directors Current
Oglethorpe Power Corp. Board of Directors Current
Greystone Power Foundation, Inc Vice President of The Financial Services Division Former
Greystone Power Corporation Vice President of The Financial Services Division Former
Jackson Electric Membership Corp. Former
Douglas County Chamber of Commerce Chairman Former
Georgia State University Degree Former
North Georgia College Former

Gary W. Wyatt is the Manager Director from the Southwest Region. He has served on the Board of Directors of Oglethorpe since March 2004. His present term will expire in March 2010. He is also a member of the Audit Committee. He started his career in 1973 with Coosa Valley Electric Co-op in Talladega, Alabama where he held the position of Operations Manager. He assumed the position of President/CEO of Pataula EMC in 1986. Mr. Wyatt received an A.S. degree in management from Darton College. He is also a graduate of the National Rural Electric Cooperative Association Management Internship program at the University of Nebraska. He is on the Board of Directors of Georgia Electric Membership Corporation and is a past Vice Chairman of the Services Committee. Mr. Wyatt is the past President of the Georgia Managers Association, past Vice Chairman of the Albany Technical College Board of Directors and past President of the Randolph Cuthbert Chamber of Commerce.

Organization Position Status
Oglethorpe Power Corp. Manager Director Current
Oglethorpe Power Corp. Board of Directors Current

Jeffrey W. Murphy is a Director of Oglethorpe and the President and Chief Executive Officer of Hart EMC. Hart EMC is a Member of Oglethorpe and has a

Organization Position Status
Oglethorpe Power Corp. Director of Oglethorpe Current
Oglethorpe Power Corp. Board of Directors Current

John S. Ranson is an Outside Director. He has served on the Board of Directors of Oglethorpe since March 1997. His present term will expire in March 2008. He is also a member of the Compensation Committee. He has been the President of Ranson Municipal Consultants, L.L.C., a financial advisor in Wichita, Kansas, since 1994. From 1990 to 1994, Mr. Ranson was Chairman of Ranson Capital Corp., an investment banking firm. Mr. Ranson has been in the investment banking business since 1953. His public finance clients have included the Kansas Turnpike Authority, the Kansas Municipal Energy Agency, the Kansas Municipal Gas Agency, and the Kansas City (Kansas) Board of Public Utilities. Mr. Ranson received his Bachelor of Science in Business Administration from the University of Kansas (Lawrence, Kansas) and attended the Navy Supply Corps School in Bayonne, New Jersey.

Organization Position Status
Oglethorpe Power Corp. Outside Director Current
Oglethorpe Power Corp. Board of Directors Current
University of Kansas Bachelor of Science In Business Administration Former
Navy Supply Corps School Former

Larry N. Chadwick is the Member Director from the Northwest Region. He has served on the Board of Directors of Oglethorpe since July 1989. His present term will expire in March 2008. He is also a member of the Compensation Committee. Mr. Chadwick is an engineer, with experience in the design of hydrogen gas plants. He is Chairman of the Board of Cobb EMC.

Organization Position Status
Oglethorpe Power Corp. Member Director, Northwest Region Current
Oglethorpe Power Corp. Board of Directors Current

Marshall S. Millwood is the Member Director from the Northeast Region. He became a member of the Board of Directors of Oglethorpe in March 2003, and his present term will expire in March 2009. He is also a member of the Audit Committee. He has been the owner and operator of Marjomil Inc., a poultry and cattle farm in Forsyth County, Georgia, since 1998. He is a Director of Sawnee EMC.

Organization Position Status
Oglethorpe Power Corp. Member Director, Northeast Region Current
Georgia EMC Board of Directors Current
Oglethorpe Power Corp. Board of Directors Current

Robert E. Rentfrow is the Manager Director from the Southeast Region. Mr. Rentfrow became a Member of the Board of Directors of Oglethorpe in June 2002. His present term will expire in March 2008. He is also a member of the Audit Committee. Mr. Rentfrow has been the President and Chief Executive Officer of Satilla Rural EMC since 1997 and has been associated with EMCs in Georgia for the past 21 years. Mr. Rentfrow serves as Director on the Governor's Workforce Investment Board and is a member of the Southeast Georgia Financial Board. Mr. Rentfrow also serves as Chairman of the Bacon County Industrial Building Authority and is a member of the Waycross College Board of Trustees. Mr. Rentfrow attended Southern Technical Institute and Georgia Southern College.

Organization Position Status
Oglethorpe Power Corp. Manager Director Current
Workforce Investment Company Inc Board of Directors Current
Oglethorpe Power Corp. Board of Directors Former

Organization Position Status
Oglethorpe Power Corp. Oglethorpe's General Counsel Current

Benny W. Denham is Chairman of the Board and Member Director from the Southwest Region. He has served on the Board of Directors of Oglethorpe since December 1988. His present term will expire in March 2010. Mr. Denham has been co-owner of Denham Farms in Turner County, Georgia since 1980. Mr. Denham is on the Board of Directors of Community National Bank of Ashburn, Georgia and is a Director of Irwin EMC.

Organization Position Status
Oglethorpe Power Corp. Chairman of the Board, Member Director, Southwest Region Current
Oglethorpe Power Corp. Board of Directors Current
Community National Bank Board of Directors Current

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

Bobby C. Smith, Jr. is an At-Large Director. He has served on the Board of Directors of Oglethorpe since May 2008. His present term will expire in March 2011. He is also a member of the Construction Project Committee. Mr. Smith is a farmer. He is a member of the Board of Planters EMC. He is also a member of the Board of Screven County Zoning and of the Sylvania Lions Club. Mr. Smith serves on the Advisory Council of the Southern States Cooperative's Statesboro Complex.

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

Organization Position Status
Southern Heritage Land, Inc. Manager Current
Southern Heritage Land, Inc. Associate Broker Current
Oglethorpe Power Corp. Board of Directors Current
The University of Georgia Degree In Agriculture Former

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

H.B. Wiley, Jr. is the Member Director elected statewide. He became a member of the Board of Directors of Oglethorpe in March 2003 and his present term will expire in March 2009. He is also a member of the Audit Committee. Mr. Wiley previously served as a member of the Board of Directors from July 1994 until March 1997. Mr. Wiley has been an associate broker in real estate since 1994. Prior to that he owned and operated a dairy farm in Oconee County, Georgia from 1973 to 1994. During that time he served on the board of Atlanta Dairies Cooperative and Georgia Milk Producers Board. He has been a director of Walton EMC since June 1993, and served as its Chairman of the Board from June 2000 to June 2003. Mr. Wiley has Bachelor of Science degree from the University of Georgia. Mr. Wiley served in the U.S. Army Engineers from 1968 to 1971, and is a Vietnam veteran.

Organization Position Status
Oglethorpe Power Corp. Vice Chairman of the Board, Member Director, Central Region Current

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

Organization Position Status
Oglethorpe Power Corp. Member Board of Directors Current

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

Organization Position Status
Jefferson Energy Cooperative Chairman of the Board Current
Oglethorpe Power Corp. Board of Directors Current
Oglethorpe Power Corp. Vice Chairman of the Board, Member Director, Central Region Current
Jefferson Energy Cooperative President of the Board Former
Jefferson Energy Cooperative Vice Chairman Former

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

Organization Position Status
Oglethorpe Power Corp. Board of Directors Current

Mr. Brumbeloe has served as a board director of Upson Electric Membership Corporation in Thomaston, GA since 1978 and has been board president since 1998. Mr. Brumbeloe has served as a board member of Georgia Electric Membership Corporation since 1983 and served as chairman from 1988 to 1989. He is also a member representative of Oglethorpe Power Corporation. He is currently the owner of the Red Rock Armory. Mr. Brumbeloe is retired from the Georgia State Patrol.

Organization Position Status
Oglethorpe Power Corp. Member Current

Organization Position Status
Oglethorpe Power Corp. Executive Vice President, Member and External Relations Current
Oglethorpe Power Corp. Chief Operating Officer Former
Sawnee Electric Membership Corporation Chief Operating Officer Former
Oglethorpe Power Corp. Vice President Former
Sawnee Electric Membership Corporation Vice President of Engineering Former
Sawnee Electric Membership Corporation System Engineer Former
Auburn University Bachelor's Degree In Electrical Engineering Former

Executive News

  • Oglethorpe Power replanting trees for carbon credits

    Atlanta Business Chronicle - 8/27/09 - View Story

  • Georgia Forestry Commission and Oglethorpe Power Partner to Replant Wildfire-Devastated...

    Reuters - 8/26/09 - View Story

  • Georgia Forestry Commission and Oglethorpe Power Partner to Replant Wildfire-Devastated Forest

    PR Newswire - 8/26/09 - View Story

  • Oglethorpe Power Names Chuck Whitney as SVP and General Counsel

    PR Newswire via Yahoo! - 7/20/09 - View Story

  • Whitney named Oglethorpe Power general counsel

    Atlanta Business Chronicle - 7/20/09 - View Story

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