Press Release: December 15, 2021
(Estherville, Iowa) Iowa Lakes Electric Cooperative’s board chairman announced this week that Tim McCollough has been selected as the Cooperative’s new president and chief executive officer. McCollough will assume his new role in late January 2022.
“The Cooperative board selected McCollough from a pool of well qualified candidates following a comprehensive national search,” said Board Chairman Jerry Beck. “We are excited to work with McCollough as he leads the Cooperative through the challenges and opportunities the electric industry will face in the future.”
“I look forward to bringing my career and family back to my rural roots and serving the members in the northwest Iowa area,” said McCollough. “It is humbling to be asked to lead Iowa Lakes Electric Cooperative into the future.”
McCollough will succeed Rick Olesen upon his retirement from Iowa Lakes Electric Cooperative in February 2022. “I am looking forward to the opportunity to support Tim and the Iowa Lakes Electric Cooperative organization as the Cooperative works through the transition in leadership,” said Olesen.
McCollough began his career in the electric industry in 2004 working for MidAmerican Energy and later for the City of Ames. Prior to joining Iowa Lakes Electric Cooperative, McCollough served as the Deputy Director, Utilities – Light & Power at the City of Fort Collins in Colorado since 2015. During his tenure at the City of Fort Collins, McCollough was responsible for implementing the strategic goals for the electric utility and leading them through a time of significant change by improving asset management plans, establishing long range capital improvement plans and introducing new technology.
McCollough was born in Iowa and graduated from Armstrong-Ringsted High School. McCollough holds a Bachelor of Science degree in mechanical engineering from Iowa State University. McCollough and wife, Christy, have four children, Audrey, Norah, Justus and Sawyer.
Iowa Lakes Electric Cooperative is an electric distribution cooperative headquartered in Estherville, Iowa. ILEC serves over 13,000 member-owner accounts and maintains 4,900 miles of distribution line in Buena Vista, Cherokee, Clay, Dickinson, Emmet, Kossuth, Palo Alto and Pocahontas counties. Additionally, the Cooperative owns and operates two separate 10.5 MW wind generation facilities which are comprised of 14 1.5 MW GE SLE turbines. Iowa Lakes Electric Cooperative is dedicated to leadership, growth and environmental responsibility by providing reliable, competitively priced energy while offering valuable services to benefit their member-owners and communities they serve.