--- schema_version: "secwatch.filing_event.v1" accession: "0001376986-23-000002" form_type: "8-K" ticker: "TVE" cik: "0001376986" company_name: "Tennessee Valley Authority" filed_at: "2023-01-06T23:59:59+00:00" generated_at: "2026-06-20T18:40:01.093602+00:00" event_type: "leadership" sentiment: "neutral" materiality_score: 0.35 calibrated_materiality_score: 0.35 confidence: "high" source: SEC EDGAR --- # TVA appoints six new board members; directors Frazier, Smith depart ## Summary - Board terms of A.D. Frazier and Jeff W. Smith ended Jan 3, 2023 with adjournment of Congress. - Beth Prichard Geer, L. Michelle Moore, Robert P. Klein, William J. Renick, Joe H. Ritch, Adam Wade White took oath on Jan 4, 2023. - Executed fourth amendment to $500M credit agreement with Bank of America, adding LIBOR-to-SOFR transition provisions. ## SEC filing metadata - accession: 0001376986-23-000002 - form_type: 8-K - ticker: TVE - cik: 0001376986 - company_name: Tennessee Valley Authority - filed_at: 2023-01-06T23:59:59+00:00 - event_type: leadership - sentiment: neutral - materiality_score: 0.35 - calibrated_materiality_score: 0.35 - confidence: high - sec_items: 1.01, 2.03, 5.02, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/tve-20230103.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001376986-23-000002 - JSON: https://secwatch.observer/filing/0001376986-23-000002.json - Plain text: https://secwatch.observer/filing/0001376986-23-000002.txt ## Key facts - Executive change Adam Wade White was appointed as Member of the Board of Directors at Tennessee Valley Authority. - Action: took oath and began service - Role: Member of the Board of Directors source text: On January 4, 2023, Beth Prichard Geer, L. Michelle Moore, Robert P. Klein, William J. Renick, Joe H. Ritch, and Adam Wade White took their oath of office and began their service as members of the TVA Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - Executive change L. Michelle Moore was appointed as Member of the Board of Directors at Tennessee Valley Authority. - Action: took oath and began service - Role: Member of the Board of Directors source text: On January 4, 2023, Beth Prichard Geer, L. Michelle Moore, Robert P. Klein, William J. Renick, Joe H. Ritch, and Adam Wade White took their oath of office and began their service as members of the TVA Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - Executive change Jeff W. Smith departed as Member of the Board of Directors at Tennessee Valley Authority. - Action: ended - Role: Member of the Board of Directors source text: The terms of A.D. Frazier and Jeff W. Smith as members of the TVA Board of Directors ended January 3, 2023, with the adjournment of the most recent session of Congress. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - Executive change Beth Prichard Geer was appointed as Member of the Board of Directors at Tennessee Valley Authority. - Action: took oath and began service - Role: Member of the Board of Directors source text: On January 4, 2023, Beth Prichard Geer, L. Michelle Moore, Robert P. Klein, William J. Renick, Joe H. Ritch, and Adam Wade White took their oath of office and began their service as members of the TVA Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - Executive change William J. Renick was appointed as Member of the Board of Directors at Tennessee Valley Authority. - Action: took oath and began service - Role: Member of the Board of Directors source text: On January 4, 2023, Beth Prichard Geer, L. Michelle Moore, Robert P. Klein, William J. Renick, Joe H. Ritch, and Adam Wade White took their oath of office and began their service as members of the TVA Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - Executive change Robert P. Klein was appointed as Member of the Board of Directors at Tennessee Valley Authority. - Action: took oath and began service - Role: Member of the Board of Directors source text: On January 4, 2023, Beth Prichard Geer, L. Michelle Moore, Robert P. Klein, William J. Renick, Joe H. Ritch, and Adam Wade White took their oath of office and began their service as members of the TVA Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - Executive change Joe H. Ritch was appointed as Member of the Board of Directors at Tennessee Valley Authority. - Action: took oath and began service - Role: Member of the Board of Directors source text: On January 4, 2023, Beth Prichard Geer, L. Michelle Moore, Robert P. Klein, William J. Renick, Joe H. Ritch, and Adam Wade White took their oath of office and began their service as members of the TVA Board of Directors. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - Executive change A.D. Frazier departed as Member of the Board of Directors at Tennessee Valley Authority. - Action: ended - Role: Member of the Board of Directors source text: The terms of A.D. Frazier and Jeff W. Smith as members of the TVA Board of Directors ended January 3, 2023, with the adjournment of the most recent session of Congress. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm - Material Agreements Tennessee Valley Authority amended a credit facility with Bank of America, N.A., as Administrative Agent, Letter of Credit Issuer, and a Lender, and the Other Lenders Party Thereto (effective 2023-01-05). - Action: amendment - Agreement: credit facility - Counterparty: Bank of America, N.A., as Administrative Agent, Letter of Credit Issuer, and a Lender, and the Other Lenders Party Thereto - Effective: 2023-01-05 source text: On January 5, 2023, the Tennessee Valley Authority ("TVA") executed an amendment to its $500,000,000 credit agreement dated as of August 7, 2015, and amended as of February 28, 2017, February 21, 2018, and February 27, 2020, with Bank of America, N.A., as Administrative Agent, Letter of Credit Issuer, and a Lender, and the Other Lenders Party Thereto. evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698623000002/0001376986-23-000002-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.