Decatur, Ala. | Wednesday, June 19, 2013
Font Size: A A A A

TVA board votes to delegate authority to CEO

NASHVILLE (AP) — The board of the Tennessee Valley Authority has voted to delegate certain authority to the utility's new chief executive until it fills several vacancies on its board.

The panel 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 before Monday's vote that the new authority allows the CEO to conduct TVA business without the board "in certain critical areas," such as handling financing arrangements 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 9 million people in Tennessee, Kentucky, Mississippi, Alabama, Georgia, North Carolina and Virginia.

E-mail this
Print this
You must be logged in to post a comment. click here to log in.
Follow Us On Twitter 
Decatur Daily @DecaturDaily
High School Sports @DecaturPreps
Living @DecaturLiving
Seth Burkett @DD_SethBurkett
Bill Campbell @DD_BillCampbell
David Elwell @DD_DavidElwell
Deangelo McDaniel @DD_Deangelo
Eric Fleischauer @DD_Fleischauer
Briana Harris @DD_BrianaHarris
Bayne Hughes @DD_BayneHughes
Ben Montgomery @DD_BMontgomery
Cody Muzio @DD_CodyMuzio
Meredith Qualls @DailyMeredith
Mary Sell @DD_MarySell
Ronnie Thomas @DD_RonnieThomas

Alerts The Way You Want Them
Sign up for our any or all of our alert services & receive breaking local news, daily updates, sports, weather & more in your inbox or mobile device.
Mobile Devices
View our site on your smartphone or tablet devices.
Text Alerts (Subscribers Only)
Breaking news, bible quotes, weather, sports, horoscopes, stocks & more sent to your mobile devices.
Email Newsletter
Receive breaking local news, daily updates, sports, weather & more. Enter your e-mail address below.




Most Read
Most Recent
Most Commented
Events Calendar
Wednesday, Jun 19, 2013 see all events
  • Wed
  • 19
  • Thu
  • 20
  • Fri
  • 21
  • Sat
  • 22
  • Sun
  • 23
  • Mon
  • 24
  • Tue
  • 25
The Helmet Project
Carnegie Visual Arts Center
10:00 AM - 5:00 PM
The Helmet Project
Carnegie Visual Arts Center
10:00 AM - 5:00 PM
Peggy Towns Speaks at Decatur Public Library
Decatur Public Library
6:30 PM
The Helmet Project
Carnegie Visual Arts Center
10:00 AM - 5:00 PM
Pilot Club of Decatur 9th Annual Charity Golf Tourney
Point Mallard Golf Course
8:00 AM
Madison City Farmers Market
Madison City Farmers Market Lot
8:00 AM - 1:00 PM
CAMP PRINCESS 2013: FOLK MUSIC
Princess Theatre
9:00 AM - 12:00 PM
The Helmet Project
Carnegie Visual Arts Center
10:00 AM - 5:00 PM
Representations & Certifications Seminar
UAHuntsville - Salmon Library (Room 111)
10:00 AM - 12:00 PM
Poll
Should Decatur build one, two or no new high schools?