{"schema_version":"secwatch.filing_event.v1","accession":"0001376986-25-000020","form_type":"8-K","ticker":"TVE","cik":"0001376986","company_name":"Tennessee Valley Authority","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.471279+00:00","generated_at":"2026-05-24T01:37:38.304477+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"TVA appoints Donald A. Moul as President and CEO, effective April 9, 2025","bullets":["Moul succeeds retiring CEO Jeffrey J. Lyash; salary increases from $844,052 to $1,200,000.","Target annual incentive opportunity increased from 80% to 110% of salary.","LTIP target grants increased to $2.45M per performance cycle; retention grants $1.05M per period.","Board amended Executive Annual Incentive, Long-Term Incentive, and Executive Severance Plans for future CEOs.","Moul will stop accruing SERP benefits on Sept 30, 2025; vesting waived after 5 years actual service."],"urls":{"canonical":"https://secwatch.observer/filing/0001376986-25-000020","json":"https://secwatch.observer/filing/0001376986-25-000020.json","markdown":"https://secwatch.observer/filing/0001376986-25-000020.md","text":"https://secwatch.observer/filing/0001376986-25-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000020/0001376986-25-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000020/tve-20250325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T01:37:38.304477+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0b6dce8a32","claim":"Donald A. Moul was appointed as President and Chief Executive Officer at Tennessee Valley Authority.","evidence_excerpt":"Donald A. Moul has been appointed as TVA’s new President and Chief Executive Officer, starting April 9, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000020/0001376986-25-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"279fbac115","claim":"Jeffrey J. Lyash departed as President and Chief Executive Officer at Tennessee Valley Authority.","evidence_excerpt":"He will succeed Jeffrey J. Lyash, who is retiring from his position with TVA and will continue to serve for up to 30 days to support the transition.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698625000020/0001376986-25-000020-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retiring"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}