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.