TVA holding meeting to discuss new CEO’s authority
Published: December 10,2012
NORTH MISSISSIPPI — The Tennessee Valley Authority is expected to have a special meeting today to discuss delegating authority to the utility’s new chief executive until it fills several vacancies on its board.
The board is made up of nine members and five seats are pending congressional action, including one that’s up for reappointment. Congress is set to adjourn this month.
TVA spokesman Scott Brooks told The Associated Press that the new authority, if approved, would allow the agency to operate without the board “in certain critical areas,” such as handling rates and contracts.
Last month, TVA’s board chose former Progress Energy CEO Bill Johnson to lead the nation’s largest public utility, which provides electricity to nine million people in Tennessee, Kentucky, Mississippi, Alabama, Georgia, North Carolina and Virginia.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job
- WILLOUGHBY: Mayo Flynt leads AT&T Mississippi by enjoying both work and workers
- MARTIN WILLOUGHBY: Gary Herring building tomorrow by educating today
- 'Blue Economy' important for Mississippi's future
- J.McLaughlin to open in Highland Village next spring
- Hyatt-Place is Columbus’ newest hotel option