US EditionTennessee Valley Authority, the nation’s largest public utility, appoints a new CEO
- Don Moul was appointed CEO of the Tennessee Valley Authority on Monday, April 9, replacing Jeff Lyash who had announced his retirement plans for no later than September.
- The appointment of Moul occurred after criticism from Republican lawmakers and less than a week after former President Trump removed a TVA board member, Michelle Moore, an appointee of former President Biden.
- Moul, who has served as TVA's executive vice president and chief operating officer since June 2021, brings 38 years of experience in power generation and operations, including extensive nuclear expertise.
- Moul's base salary will be $1.2 million, with the potential to earn an additional $2.45 million based on performance, while outgoing CEO Lyash's total compensation topped $10.5 million in 2024, which included pension and performance incentives.
- Moul stated that TVA needs a steady hand and that he intends to continue investing in new generation, strengthening the grid, and enhancing system reliability, as TVA faces a historic moment regarding the nation's energy security and works towards constructing a small modular reactor.
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America's largest public utility just appointed a new CEO less than a week after Trump mysteriously fired one of its board members without explanation
Don Moul, who's served as the Tennessee Valley Authority's executive vice president and COO since 2021, will now be in charge of the utility.
·New York, United States
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Leaning Left9Leaning Right9Center15Last UpdatedBias Distribution45% Center
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