North Little Rock-based renewable energy company Today’s Power Inc. (TPI) announced Tuesday (Sept. 14) the retirement of Michael Henderson, president and CEO, after leading TPI since it was founded in 2014. Derek Dyson will replace Henderson. Dyson’s appointment is effective Jan. 1, 2022.
In late 2020, Henderson left his post as chief financial officer of the Arkansas Electric Cooperative Corp. (AECC) to go full-time as CEO of TPI. A subsidiary of AECC, Today’s Power is owned by 17 Arkansas electric distribution cooperatives.
Dyson has multiple years of experience in the energy and renewable resources development industry. He is a shareholder in law firm Duncan, Weinberg, Genzer & Pembroke P.C. in Washington, D.C., and has knowledge and experience working with electric cooperatives and municipal and commercial clients on projects including solar, wind, ocean thermal energy conversion, biomass, and waste-to-energy generation along with broadband telephony.
“We are very excited to welcome Mr. Dyson with his unique and vast range of experience as he leads TPI going forward,” said Rick Love, chairman of the TPI board of directors. “We commend Michael Henderson for the solid foundation established during his leadership here at TPI.”
Dyson also is a former federal government contracting officer with the Department of Navy’s Office of Special Projects and a law clerk with the Office of Administrative Law Judges at the Federal Energy Regulatory Commission. During his tenure with the Department of Navy, Dyson served as the acting chief of acquisition and resource management for the White House Situation Support Staff and the National Security Council.
Graduating with honors, he earned a law degree from the Washington College of Law, American University. He also earned an MBA from Florida Institute of Technology and a Bachelor of Arts from Virginia Polytechnic Institute and State University (VA Tech).
In November 2020, AECC announced Henderson’s retirement after 36 years of service with the organization and Arkansas Electric Cooperatives Inc. (AECI), a Little Rock-based utility service cooperative owned by the 17 Arkansas electric distribution cooperatives. Arkansas’ electric cooperatives collectively serve more than 600,000 members, or consumers, in 74 counties.