secwatch.observer — SEC 8-K summary
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Issuer:     Tennessee Valley Authority (TVE)
CIK:        0001376986
Form:       8-K
Filed at:   2025-07-17T23:59:59+00:00
Accession:  0001376986-25-000040
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TVA EVP & Chief Nuclear Officer Tim Rausch to depart by March 1, 2026; SERP benefits frozen
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- Tim Rausch, EVP and Chief Nuclear Officer, plans to separate from TVA no later than March 1, 2026.
- He executed a separation agreement entitling him to severance under TVA's Executive Severance Plan.
- SERP amended to cease new benefit accruals for all participants as of September 30, 2025.
- Restoration Plan amended to allow SERP participants to participate, effective September 30, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376986/000137698625000040/0001376986-25-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376986/000137698625000040/tve-20250714.htm
  HTML page:      https://secwatch.observer/filing/0001376986-25-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer