TVA board sets FY2024 incentive targets; CEO payout calculation deferred

Tennessee Valley Authority

Corporate Multiplier targets for FY2024: Net Income $874M, Op Cash Flow $2,619M, Total Financing Obligations $22.2B.
Enterprise Scorecard goals include TVA Total Spend target $7,810M, Load Not Served 4.1 min, Nuclear Online Reliability Loss Factor 2.00%.
CEO's EAIP award will not use these measures until Board specifically authorizes; final multiplier 0-1.1.
Awards may be adjusted for unusual events or business changes; individual performance also considered.

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