TVA Reports Board Changes and Executive Compensation Updates
Ticker: TVC · Form: 8-K · Filed: Jan 31, 2025 · CIK: 1376986
| Field | Detail |
|---|---|
| Company | Tennessee Valley Authority (TVC) |
| Form Type | 8-K |
| Filed Date | Jan 31, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
TL;DR
TVA board shakeup: Dees out, new directors in, exec pay adjusted.
AI Summary
On January 29, 2025, the Tennessee Valley Authority (TVA) reported changes in its board of directors. Specifically, the departure of Director Richard D. Dees was noted, alongside the appointment of new directors and updates to executive compensation arrangements.
Why It Matters
Changes in a company's board of directors and executive compensation can signal shifts in strategy, governance, or financial priorities.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board and executive changes, not significant financial distress or operational issues.
Key Players & Entities
- Tennessee Valley Authority (company) — Registrant
- Richard D. Dees (person) — Departing Director
- January 29, 2025 (date) — Date of earliest event reported
FAQ
Who is the new Director appointed to the Tennessee Valley Authority's board?
The filing indicates the appointment of new directors but does not name them in the provided text.
What is the primary reason for Richard D. Dees's departure from the board?
The filing states the departure of Director Richard D. Dees but does not specify the reason.
What specific changes were made to executive compensation arrangements?
The filing mentions updates to compensatory arrangements of certain officers but does not detail the specific changes in the provided text.
What is the filing date for this 8-K report?
The filing date is January 31, 2025.
What is the principal executive office address for the Tennessee Valley Authority?
The principal executive offices are located at 400 W. Summit Hill Drive, Knoxville, Tennessee, 37902.
Filing Stats: 443 words · 2 min read · ~1 pages · Grade level 12.7 · Accepted 2025-01-31 11:55:40
Filing Documents
- tve-20250129.htm (8-K) — 21KB
- tve-20250129_g1.jpg (GRAPHIC) — 59KB
- 0001376986-25-000008.txt ( ) — 308KB
- tve-20250129.xsd (EX-101.SCH) — 2KB
- tve-20250129_def.xml (EX-101.DEF) — 14KB
- tve-20250129_lab.xml (EX-101.LAB) — 24KB
- tve-20250129_pre.xml (EX-101.PRE) — 14KB
- tve-20250129_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Tennessee Valley Authority (Registrant) Date: January 31, 2025 /s/ David B. Fountain David B. Fountain Executive Vice President and General Counsel