Donald R. Clary, Jr., CPA President and Chief Executive Officer, CoServ Donald (Donnie) R. Clary, Jr., CPA, was named CEO of CoServ Electric in 2014 after joining the Corinth, Texas-based electric cooperative as its Controller 24 years earlier.
As the highest-ranking financial official, Clary oversaw CoServ’s growth from 20,000 meters in 1990 to more than 210,000 across parts of seven counties today. In 1998, he was part of a team that created a for-profit natural gas distribution affiliate that today provides service to more than 107,000 meters in three counties. Donnie serves as an officer and a member of the governing body of each CoServ affiliate.
CoServ retains a Fitch-affirmed AA– rating and is ranked among the top five percent nationwide for reliability. In 2014, CoServ successfully attained its first private debt placement.