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JOHNSON CITY — After nearly two years, Chief Executive Officer R.B. Sloan has resigned his position with Pedernales Electric Cooperative, according to a release from the utility company.

PHOTO: Pedernales Electric Cooperative has announced that R.B. Sloan is resigning as CEO effective March 15. File photo

Chief Financial Officer Frank Skube was named interim chief, according to the release. Sloan has been with PEC since 2011. His last day is March 15.

“Our plan is to appoint Frank Skube as interim CEO once R.B. leaves on March 15,” Board President Kathy Scanlon said in the release.

“Officials plan to hire an executive search firm to identify a permanent replacement,” according to the release. “Numerous directors noted that (Sloan’s) establishment of a strong executive team will ensure business at the cooperative runs smoothly during this transition period.”

PEC, headquartered in Johnson City, is a member-owned cooperative with about 220,000 consumers.