---
schema_version: "secwatch.filing_event.v1"
accession: "0001376986-25-000022"
form_type: "8-K"
ticker: "TVE"
cik: "0001376986"
company_name: "Tennessee Valley Authority"
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:19:15.102263+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TVA Board loses quorum after Presidential removal of Chair Joe Ritch; Renick becomes Chair

## Summary
- Joe H. Ritch's board appointment ended April 1, 2025, at the direction of the President of the United States.
- William J. Renick assumes role of Board Chair, previously named chair-elect in February 2025.
- TVA Board now has four members, lacking quorum; bylaws permit continuity of operations but restrict new programs.
- Bylaws allow the board to exercise powers necessary for continuity but not to change existing direction.

## SEC filing metadata
- accession: 0001376986-25-000022
- form_type: 8-K
- ticker: TVE
- cik: 0001376986
- company_name: Tennessee Valley Authority
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376986/000137698625000022/0001376986-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376986/000137698625000022/tve-20250401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376986-25-000022
- JSON: https://secwatch.observer/filing/0001376986-25-000022.json
- Plain text: https://secwatch.observer/filing/0001376986-25-000022.txt

## Key facts
- Executive change
  Joe H. Ritch departed as Board Chair at Tennessee Valley Authority.
  - Action: ended
  - Role: Board Chair
  source text: Joe H. Ritch's appointment as a member of the Tennessee Valley Authority Board of Directors ("TVA Board") ended April 1, 2025, at the direction of the President of the United States.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698625000022/0001376986-25-000022-index.htm
- Executive change
  William J. Renick was appointed as Board Chair at Tennessee Valley Authority.
  - Action: assumes
  - Role: Board Chair
  source text: With the departure of Mr. Ritch, Director William J. Renick assumes the role of Board Chair pursuant to the TVA Board's decision on February 13, 2025, nominating Mr. Renick as chair-elect of the TVA Board and stating that he will begin service if "Director Ritch otherwise [is] unable to serve as Chair."
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376986/000137698625000022/0001376986-25-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.