Former AECI chief financial officer retires

Mike Miller, former chief financial officer and director of accounting and finance at Springfield-based power supplier Associated Electric Cooperative Inc., has retired after 12 years with the company, effective Sept. 24.

"We're really happy for people when they can finish in as stellar a manner as Mike and then go on and enjoy a retirement," said Nancy Southworth, manager of corporate communications. "I know he's volunteering and staying very active, so we hope the best for him."

Miller served as company CFO from 1998 to 2006 and stepped down as his first move in scaling back his workload, which he did gradually prior to his retirement, she said.

Since 2006, Miller worked as special assistant to the CEO. In the position, Miller completed individual special assignments made to him by the CEO and General Manager James Jura, Southworth said.

David McNabb, the current chief financial officer, was promoted in 2006 to be Miller's successor, Southworth said.

During his time with AECI, Miller helped garner short-term borrowings of $1 billion, allowing the company to secure a critical AA bond rating from credit rating services Moody's and Standard & Poor's, along with other accomplishments, according to an AECI news release.

Before signing on with AECI, Miller worked as the vice president of finance at Silver Dollar City for 14 years, the release said.[[In-content Ad]]