by Elizabeth Stull Elizabeth Stull

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.