Glen Gillispie

Glen Gillispie

Chief Operating Officer at Mecklenburg Electric Cooperative

Location:
11633 Highway 92 WestPost Office Box 2451, Chase City, Virginia, United States
HQ Phone:
(434) 372-6200

General Information

Affiliations

Little League Baseball Coach, A Member  - Chase City Ruritan Club

Recent News  

R. Glen Gillispie, Jr.
Chief Operating Officer (434) 372-6121

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R. Glen Gillispie, Jr., Chief Operating Officer

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GLEN GILLISPIE ADWARD FINALIST
(CHASE CITY) Glen Gillispie, chief operating officer for Mecklenburg Electric Cooperative (MEC), has been recognized as a finalist in the Virginia CFO Awards sponsored by Virginia Business magazine. The Virginia CFO Awards recognize achievements by the top chief financial officers in nonprofit organizations, private companies, and publicly traded companies throughout the state. This years annual recognition program attracted 43 nominations. Gillispie, who oversees the Cooperatives accounting and finance departments, was nominated for the Large nonprofit/Govt. agency category by the employees of Mecklenburg Electric Cooperative. Upon learning of the honor, Gillispie commented, I am proudest of the fact that I was nominated by my co-workers at the Cooperative, and frankly, it was very humbling to be included among the very capable nominees in the category. Lees letter stated, Glen is a strong and competent leader and is well respected throughout our organization and with his peers at other cooperatives and the many organizations with which we have business relationships. He is also a great representative of our organization in the community where he is also widely known and well respected. Perhaps the most notable of his many qualities is his ability to teach others. Seldom will you encounter anyone who possesses a more impressive and innate ability to pass on the knowledge he has accumulated over his 32-year career here at Mecklenburg to not only the employees in his department, but others in the organization as well. The official nomination form included five questions pertaining to the nominees qualifications for the award including, How has the nominee contributed to the companys growth and/or profitability? Gillispies nomination included the following response to that question: Under the guidance of Mr. Gillispie, Mecklenburg Electric Cooperatives financial state continues to exceed expectations even in the volatile economic environment we are currently experiencing. As with the electric industry in general, the Cooperative is a capital intensive business with a debt portfolio of approximately $86 million. In the last several years, Mr. Gillispie has aggressively re-priced and refinanced the Cooperatives debt, and our year end 2011 blended interest rate stood at 4.37% (one of the lowest of electric cooperatives in the country), saving the Cooperative several million dollars in interest expense over the life of its loans. In response to the question of How has the nominee made contributions outside the company? the following response was submitted on behalf of Gillispies nomination: Even though Mr. Gillispie spends a tremendous amount of time at the office, he also shares his time with the community, and views his leadership role at the Cooperative as synonymous with being a community leader. Over the years, he has been a little league baseball coach, a member of the Chase City Ruritan Club, helped produce the communitys annual Haw Hee fundraising show, and was instrumental in fundraising efforts for our local community center. He has been a church deacon since 1983 and plays a strong role in the churchs leadership and activities. In addition, as an employee of a company with a strong, local community presence in the areas we serve, Mr. Gillispie does not hesitate to provide contributions to those in need, whether they be a fellow employee, a member who is having a hard time, or food for local families at Thanksgiving and Christmas. Gillispie has been employed at the Cooperative for 32 years, where he began his career as an office manager trainee in June of 1980. In his climb to Chief Operating Officer at the Cooperative, Gillispie also held the positions of Staff Assistant, Office Manager, Vice President of Data Processing and Administrative Services, and Vice President of Corporate Services.

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