Lancaster, Olsen to retire from Great River Energy

Great River Energy will say farewell to two long-tenured, respected leaders with the June retirements of Rick Lancaster and Kandace Olsen.

“Rick and Kandace have made lasting contributions to Great River Energy’s success,” said President and Chief Executive Officer David Saggau. “As sad as it will be to see them retire, they both have prepared their teams to continue their important work for our members.”

Rick Lancaster joined Great River Energy’s predecessor company Cooperative Power in 1993 as manager of contracts and rates. He served as vice president of corporate services before becoming the vice president of generation in 2005 (and eventually chief generation officer).

Upon his retirement, Great River Energy’s generation employees will join the power supply division under the leadership of Vice President and Chief Power Supply Officer Jon Brekke.

“In today’s environment, it is a natural combination to bring together the operations and strategy of generation with the planning, acquisition and market functions related to our resource portfolio,” Lancaster said. “I am proud to have worked with so many dedicated and talented people at Great River Energy and our member-owner cooperatives.”

Kandace Olsen joined Great River Energy in 1998 as manager of communications. She was named vice president of communications and human resources in 2005. She currently also serves as the organization’s chief culture officer.

Upon her retirement, Great River Energy’s communications and human resources employees will join the corporate and member services division under the leadership of Vice President and Chief Corporate and Member Services Officer Mark Fagan.

“The combination of these functions will be very powerful and is where the central strategy to enhance our culture will be developed,” Olsen said. “The future of Great River Energy is bright thanks to our strong culture, stellar reputation and talented employees.”