TVA president and CEO Tom Kilgore addresses the media before a tour at the Watts Bar Nuclear Facility in Spring City on Thursday, April 5, 2012. (AP Photo)
Thursday, August 16 2012 2:50 PM EDT2012-08-16 18:50:43 GMT
Electricity rates for Tennessee Valley Authority customers in seven states will not be increased in the coming fiscal year.more>>
Electricity rates for Tennessee Valley Authority customers in seven states will not be increased in the coming fiscal year.more>>
KNOXVILLE, Tenn. (AP) - Tennessee Valley Authority President Tom Kilgore is retiring.
The announcement came as TVA board members met Thursday in Knoxville to discuss rates that customers in seven states will pay as the new fiscal year begins October 1.
TVA announced that the board of directors has a process under way to recommend a new president and CEO. Kilgore announced his retirement at the end of the meeting. He will serve as the head of the federal utility until a successor is hired.
Kilgore joined TVA in 2005. He is the first president and CEO of the utility, which changed its governance from three full-time board members to a larger, part-time board and a CEO.
TVA serves about 9 million power customers.
(Copyright 2012 by The Associated Press. All Rights Reserved.)
Saturday, May 18 2013 8:09 PM EDT2013-05-19 00:09:03 GMT
First Lady Michelle Obama was in Nashville on Saturday to address the graduating class from Martin Luther King Junior High School. The commencement was held at TSU's Gentry Center.more>>
First Lady Michelle Obama was in Nashville on Saturday to address the graduating class from Martin Luther King Junior High School. The commencement was held at TSU's Gentry Center.more>>
TVA president and CEO Tom Kilgore addresses the media before a tour at the Watts Bar Nuclear Facility in Spring City on Thursday, April 5, 2012. (AP Photo)
