Nashville, Tenn. (AP) – The country’s largest public supply company promoted one of its top executives to CEO on Monday and blamed Don Moul for the Tennessee Valley authority when President Donald Trump raised the re -attention to the federal unit.
The pension company announced that his board of directors Moul, as President and Managing Director, had chosen to replace Jeff Lyash, who said in January he would retire at the latest at the latest. The move takes place less than a week after Trump has removed one of the board members of the pension company without specifying why. With the dismissal of Michelle Moore, a former President Joe Biden, the board currently has five members and four jobs.
After the two Republican US senators from Tennessee had asked the officers, the attitude of the board and the CEO setting came to choose “one of the President CEO” before setting someone in the long term.
Moul has been working as an executive Vice President and Chief Operating Officer from tva since June 2021. In a press release in which his selection was announced, TVA concentrated partly on the management of Moul in the further development of nuclear energy technologies and his experience as a licensed senior reactor operator. He begins on April 9th ​​in the new role.
“TVA currently needs a steady hand,” said Moul in the press release. “I will build on the dynamics that Jeff and our team have created – to ensure that we continue to invest in the new generation, strengthen our network and improve system reliability.”
At the beginning of this month, US Sens. Marsha Blackburn and Bill Hagerty wrote a guest column on the grounds that the TVA board plunged a project with which a miniature modular reactor is to be built with studies and hurdles.
Blackburn and Hagerty also said that the hiring of a CEO would do without the chance to recruit a “leading leader of quality” from outside the supply company, which supplies 10 million people in southern southern states.
In some cases, the lawyers for nuclear energy called for their expansion to satisfy the demand from the companies to operate their technologies for artificial intelligence, and this without carbon emissions that accelerate climate change.
Stephen Smith, Executive Director of the Southern Alliance for Clean Energy, described by Blackburn and Hagerty as “ruthless interference”. He said they understand the “risk of falling nuclear technology before it is ready for the main time both economically and safely.
Proponents of spotless energy have also criticized the decision of TVA to replace some of its aging coal -fired power plants with another fossil fuel, natural gas.
Trump brought TVA and the outgoing CEO Lyash to the warm seat in his first term.
In 2020, Trump released the former CEO of TVA and another board member and drove TVA to reverse the hiring of foreign workers for information technology jobs.
He also called for Lyash’s replacement and the payment of the position to 500,000 US dollars.
In response to this, TVA found that the CEO wage ranks in the lower quartile of the electricity industry. Lyash’s total remuneration exceeded 10.5 million US dollars in the 2024 financial year, including various pension and performance incentives worth millions of dollars. In addition, the supply company emphasized that it does not receive a federal taxpayer and is instead financed by electricity customers.
A TVA spokesman said that Lyash’s retirement was not related to administration or current politics and that Lyash spoke to the board members about retirement last autumn.
