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Tennessee Gov. Lee appoints CEO for Memphis megasite

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NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee has appointed Clay Bright to serve as CEO of the Memphis Regional Megasite industrial complex.

The site will soon be home to a Ford Motor Co. electric vehicle and battery plant.

Bright currently serves as the commissioner of the Tennessee Department of Transportation.

He is slated to earn $175,000 a year in his new position, which involves working with a newly formed board of directors known as the Megasite Authority to oversee the buildout of the site.

Last month, Ford and South Korean battery maker SK Innovation revealed plans for a $5.6 billion campus to build electric F-Series pickup trucks at the megasite.