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- Departure of CEO (new) — The CEO is departing the company through retirement on July 1, 2026.
Tennessee Valley Authority CEO Donald Moul to retire July 1, 2026
Filed April 6, 2026 · Period ending April 3, 2026 · ~1 min read
Key Changes
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President and CEO Donald A. Moul notified TVA's Board on April 3, 2026 of his intention to retire effective July 1, 2026, providing an undisclosed amount three months' notice for the leadership transition.
Item 5.02 verify on EDGAR →
Summary
Tennessee Valley Authority announced that its President and CEO Donald A. Moul will retire on July 1, 2026. Moul provided formal notice to the TVA Board of Directors on April 3, giving the organization an undisclosed amount three months to manage the transition.
As a federally owned corporation and the nation's largest public power provider, TVA's leadership stability is important for operational continuity and strategic direction. For investors holding TVA bonds or securities, CEO transitions at utilities can signal shifts in strategic priorities, capital allocation, or regulatory relationships. The three-month notice period suggests an orderly transition is planned. Watch for the Board's announcement of a successor and any accompanying statements about strategic continuity or changes in direction under new leadership.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On April 3, 2026, Donald A. Moul, TVA's President and Chief Executive Officer, notified TVA and the TVA Board of Directors, of his intention to retire on July 1, 2026.
Tennessee Valley Authority's President and CEO Donald A. Moul has announced his planned retirement effective July 1, 2026. This represents a leadership transition at the executive level, with an undisclosed amount three months' notice provided to the Board of Directors.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify