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Roy M. Palk

4201 Dominion Boulevard
Suite 200
Glen Allen, Virginia 23060
Phone:  859.771.1900
Fax:  859.272.0522

Biography

Roy M. Palk assumed the duties of president and chief executive officer of East Kentucky Power Cooperative (EKPC) on April 1, 1994 and retired from EKPC on April 1, 2007. Among many other projects during his tenure at EKPC, he led a $2.5 billion generation and transmission program to meet its future power supply requirements. Prior to joining EKPC, Palk served as the assistant general manager of the National Rural Electric Cooperative Association (NRECA) in Washington, DC. Palk joined NRECA as its director of internal operations and became its assistant general manager in 1991. Palk, an attorney, he also served as NRECA’s corporate counsel.

Mr. Palk is now the president of New Horizons Consulting in Lexington, Kentucky. He represents and advises various energy and energy-related clients regarding production technologies, project development, strategic planning, corporate governance and staff development, fuel issues, environmental issues and financing. His clients include lenders, electric utilities and related businesses, trade associations, utility construction companies, an architect and engineering firm, government agencies, fuel companies and a law firm.

A 40-year veteran of the energy industry, Palk has represented the electric cooperative program throughout the United States, including serving as the interim president and CEO for Colorado-Ute Generation and Transmission Cooperative located in Montrose, Colorado during the cooperative’s successful workout from Chapter 11 bankruptcy.

International assignments for Palk include Europe, Asia, Central America and South America. Some of those assignments were for projects funded by various international development agencies and organizations, including the World Bank, the Asian Development Bank and the United States Agency for International Development (USAID).

Prior to joining NRECA, Palk spent seventeen years with two Tennessee Valley Authority TVA) supplied electric distribution cooperatives. He was the director of member services for Tri-County Electric Membership Corporation in Lafayette, Tennessee, and the general manager and CEO of Upper Cumberland Electric Membership Corporation in Carthage, Tennessee.

While employed within the TVA region, Mr. Palk served in various positions with the Tennessee Valley Public Power Association, the seven-state trade association for TVA-served power distributors, including the chair of its Rates and Contracts Committee and, later, as its board chair. Mr. Palk was a founding director of Distributor's Insurance Company, the captive insurance company for TVA power distributors.

In his role with LeClairRyan Mr. Palk provides advice to the Firm’s energy attorneys and energy clients on various matters including power planning and delivery, financial resources, project development, regulatory matters, new and expanded business development opportunities and serves as a member of the Core Leadership for the Firm’s Energy Industry Team. Mr. Palk is a frequent speaker and writer for the Firm.

Mr. Palk is a former member of the boards of the Center for Energy and Economic Development (CEED) in Washington, DC, the Kentucky Community and Technical College System Foundation (board chair) the Kentucky Coal Marketing Council, the Electric Power Research Institute in Palo Alto, California (vice-chair) and the Generation and Transmission Managers Association (Power Planning Committee Chair). Mr. Palk is a founding member and past chair of ACES Power Marketing LLC, a 22-state energy and risk management company based in Indianapolis, Indiana. He was a member of the NRECA Power and Water Resources Committee and the Southeastern Federal Power Customer Group, (SEPA power recipients).

He is a member of the University of Kentucky College Of Mining Engineering; the Pikeville College board of Trustees (Academic Affairs Committee Chair); the Energy and Mineral Law Foundation; the Winchester, Kentucky Advisory Board for Branch Banking and Trust (BB&T), a board member and advisor to The Bowlin Group LLC and a member of various bar associations, including the NRECA Electric Cooperative Bar Association.

Mr. Palk received his B.S. from Tennessee Technological University and his J.D. from the Nashville School of Law. He was president of the law school's honor council. He has also studied mechanical and electrical engineering through in-house courses provided by the TVA and has taken Executive-focused accounting and labor relations courses at the Owen School of Management at Vanderbilt University.

Memberships and Affiliations

  • University of Kentucky College Of Mining Engineering
  • Pikeville College board of Trustees (Academic Affairs Committee Chair)
  • Energy and Mineral Law Foundation
  • Winchester, Kentucky Advisory Board for Branch Banking and Trust (BB&T)
  • The Bowlin Group LLC, board member and advisor
  • NRECA Electric Cooperative Bar Association
  • Center for Energy and Economic Development (CEED), Washington, D.C. (former board member)
  • Kentucky Community and Technical College System Foundation (former board chair)
  • Kentucky Coal Marketing Council (former board member)
  • Electric Power Research Institute in Palo Alto, California (former vice-chair)
  • Generation and Transmission Managers Association (former Power Planning Committee Chair)
  • ACES Power Marketing LLC (founding member and past chair)
  • NRECA Power and Water Resources Committee (former member)
  • Southeastern Federal Power Customer Group (former member)

Related Industries

Education

  • Certificate, Emerging Energy Technologies and Comparative Economics, Stanford University
  • J.D., Nashville School of Law
  • B.S., Tennessee Technological University