Jeff Lyash, Tennessee Valley Authority (TVA) president and chief executive officer, announced his plans to retire on Friday.
Lyash has served as TVA’s CEO for nearly six years and will continue to lead TVA until the Board of Directors selects a successor.
The Tennessee Valley Authority is the nation’s largest public power supplier, delivering energy to 10 million people across seven southeastern states including part of Alabama.
“For the past six years, it’s been my privilege to serve with an experienced, talented team at TVA,” said Lyash. “TVA truly is a special place – created more than 90 years ago to improve the quality of life for more than 10 million people across this region. That mission of service continues to be our focus today. The stability and growth of our regional economy and the lives of the people we serve depend on our commitment to delivering affordable, reliable, resilient and sustainable energy.I grew up in the small coal-mining town of Shamokin, Pennsylvania, and I cannot think of a better place than TVA to close out my career serving people just like those in my hometown. While I’m looking forward to my next chapter, spending more time with family, grandchildren, and friends, I will miss our TVA team and the relationships we’ve built across this region. The true strength of TVA is its people – an experienced and passionate workforce who work every day to make a difference.”
According to POLITICO, President Donald Trump in his first term blasted Lyash, who has been paid $10 million annually in recent years, as being “heavily overpaid,” and he fired two of TVA’s board members.
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