CFC recently announced that Mark Snowden will join CFC’s executive team in June as a senior vice president focusing on strategic services for the electric cooperative network. Snowden currently serves as chief executive officer of Cimarron Electric Cooperative, based in Kingfisher, Oklahoma.
Snowden has had a special relationship with CFC since Cimarron became a 100 percent borrower in 2012. “Since that time, Cimarron Electric has become a textbook case study for what good things can happen for co-op members when you shift from chasing red tape that comes with other lender requirements, to having your employees implement financial tools that help budget, forecast and make better decisions,” Snowden said. “Having an opportunity to share and help cooperatives across the nation implement tools to better analyze financial data and make the best decisions sounded like an extremely rewarding challenge.”
In his leadership role, Snowden will work to ensure that CFC continues to provide best-in-class products and services to meet the needs of its electric utility members.
“We are thrilled to have Mark join the CFC team. He brings extensive electric cooperative leadership and energy industry experience and a strong vision for the future,” CFC CEO Andrew Don said.
With a background in finance and accounting, Snowden has nearly 25 years of experience in the electric cooperative network. In addition to his many leadership roles, he currently serves as a trustee for the Oklahoma Association of Electric Cooperatives and an alternate director for the Western Farmers Electric Cooperative Board of Trustees. He graduated from Southwestern Oklahoma State University with a bachelor’s degree in finance.