July 14, 2020

New President and CEO Named

The Board of Directors of Golden Spread Electric Cooperative, Inc. has elevated Kari Hollandsworth to the position of President and Chief Executive Officer, effective September 2, 2020.

Hollandsworth joined Golden Spread in 2009 as an Energy Analyst. She has gained broad experience serving in multiple roles, including Resource Planning Administrator, Electric Trading Manager and Director of Finance, Forecasting and Risk. Most recently, she has been Vice President of Commercial and Asset Operations with responsibility for market operations and power supply activities, ensuring that initiatives and operations are aligned with the strategic direction provided by the Golden Spread Board of Directors.

Hollandsworth was Golden Spread’s 14th employee and has been with the organization through a period of rapid growth, which involved expansion of the cooperative’s generation fleet and the development of the organization’s current strategic initiatives.

“I’m honored to have the opportunity to build on the successful foundation and strategic direction Golden Spread has established in the last few years,” Hollandsworth said. “The electric power industry is rapidly evolving, and we have an outstanding team that is well prepared to lead the organization through the transition ahead. I’m proud to be part of this strong Member Cooperative organization known for its reputation for excellence and integrity.”

Prior to joining Golden Spread, Hollandsworth worked at Xcel Energy for 11 years. She holds a bachelor’s degree in economics and business management from Cornell University, Ithaca, New York. Hollandsworth succeeds Mark Schwirtz, who served as Golden Spread’s President and CEO for more than a decade, and Scott Gross, who served as interim CEO since March 10.

Golden Spread Electric Cooperative, Inc., is a consumer-owned public utility organized in 1984 to provide electric service for rural distribution cooperative Members located in the Panhandle, South Plains and Edwards Plateau regions of Texas, the Panhandle of Oklahoma, Southwest Kansas and Southeast Colorado. Golden Spread is headquartered in Amarillo and delivers competitive energy solutions to its 16 Member Cooperatives through wind and solar resources and state-of-the-art power plants in Texas near Abernathy and Denver City.