Highest-materiality recent filing
TVA signs $2B lease-purchase for Cumberland Combined Cycle Generation Facility
TVA received $1.93 billion from CCCGL on May 26, 2026, for a 50-year head lease and construction management agreement.
Skaggs succeeds Donald A. Moul, who previously announced retirement effective July 1, 2026.
TVA enters separation agreement with CEO Donald A. Moul; severance benefits triggered
CEO Donald A. Moul to depart TVA under separation and release agreement dated April 7, 2026.
TVA launches $3B electronotes program with maturities up to 30 years
Maximum aggregate principal $3B; Notes issued in $1,000 denominations.
TVA issues $1.25B 3.875% Global Power Bonds due 2030; net proceeds ~$1.241B
Coupon of 3.875%, maturity on August 1, 2030; semi-annual interest on Aug 1 and Feb 1.
TVA EVP & Chief Nuclear Officer Tim Rausch to depart by March 1, 2026; SERP benefits frozen
Tim Rausch, EVP and Chief Nuclear Officer, plans to separate from TVA no later than March 1, 2026.
TVA Board loses quorum after Presidential removal of Chair Joe Ritch; Renick becomes Chair
Joe H. Ritch's board appointment ended April 1, 2025, at the direction of the President of the United States.
TVA CFO & Strategy Officer John M. Thomas III to retire effective March 7, 2025
Executive VP and Chief Financial and Strategy Officer John M. Thomas III announced retirement, effective March 7, 2025.
TVA plans $1 billion power bond issuance with preliminary offering circular released August 8, 2024
TVA released preliminary offering circular on August 8, 2024 for $1,000,000,000 in Global Power Bonds 2024 Series A due August 1, 2034.
TVA launches up to $3B electronotes program with maturities of 1-30 years
Maximum aggregate principal amount outstanding of $3,000,000,000; authorized denominations of $1,000.
Beth P. Geer's appointment as a member of the Tennessee Valley Authority Board of Directors ("TVA Board") ended June 10, 2025, at the direction of the President of the United States.
Effective April 2, 2025, David B. Fountain’s tenure as TVA’s Executive Vice President, General Counsel and Corporate Secretary ended.
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.
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."
Donald A. Moul has been appointed as TVA’s new President and Chief Executive Officer, starting April 9, 2025.
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.
L. Michelle Moore's appointment as a member of the Tennessee Valley Authority Board of Directors ended March 27, 2025, at the direction of the President of the United States.
Jeffrey J. Lyash, TVA's President and Chief Executive Officer (CEO), notified his executive leadership team, and the TVA Board of Directors, of his intention to retire no later than October 2, 2025.
Thomas C. Rice has been appointed as TVA’s new Senior Vice President and Chief Financial Officer, effective January 27, 2025.
John M. Thomas, III, who, on December 2, 2024, announced his retirement from his position with TVA effective March 7, 2025
The terms of Beth H. Harwell and Brian E. Noland as members of the Tennessee Valley Authority ("TVA") Board of Directors ended January 3, 2025, with the adjournment of the most recent session of Congress.
The terms of Beth H. Harwell and Brian E. Noland as members of the Tennessee Valley Authority ("TVA") Board of Directors ended January 3, 2025, with the adjournment of the most recent session of Congress.
Max materiality 0.90 · Median 0.50 · Most common event leadership