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Basin CEO out

The CEO of Bismarck-based Basin Electric Power Cooperative has resigned, effective immediately.

Andrew Serri was hired in 2011. He replaced Ron Harper, who retired.

Basin’s board has appointed the co-op’s chief financial officer, Paul Sukut (soo-cut), as the acting CEO and general manager.  Basin will conduct a search for a permanent replacement.

Sources close to Basin say Serri wasn’t a “good fit” – and didn’t understand the cooperative business model. But the sources say Serri and Basin parted on amicable terms.

Sukut has been with Basin since 1983.

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