Thursday, November 6, 2014 was the regular quarterly Board of Directors Meeting. This board meeting was held at the Music City Center in downtown Nashville. Board of Directors page, meeting video archives, future meeting schedule and bios on TVA's Board of Directors may be found at http://www.tva.com/abouttva/board/index.htm
NEWS ARTICLES
Chattanooga Times Free Press article - TVA CEO Bill Johnson gets raise. "TVA directors today voted to boost the pay of CEO Bill Johnson, already the highest paid federal employee in America, up by $1 million in salary and performance payments. TVA Chairman Joe Ritch said Bill Johnson, who was paid a total compensation package in fiscal 2013 valued at $5.9 million in cash and retirement benefits, is still underpaid for his performance." http://www.timesfreepress.com/news/2014/nov/06/tva-directors-giving-ceo-bill-johnson-1-million-ra/?breakingnews
TVA's CEO is highest paid federal employee: http://timesfreepress.com/news/2014/nov/07/tva-boosts-ceo-payjohnson-already-highest-paid/?breakingnews
MEETING AGENDA
VIDEOS
LISTENING SESSION - CITIZEN PRESENTATIONS TO THE BOARD
Tree Cutting Issue - Citizens have been complaining about TVA's heavy handed tactics concerning tree cutting for many years. Citizen Testimony reveals allegations in which the TVA or their contractors may be violating law or TVA policy as described - intimidation by Right of Way Management; cutting of trees outside of line boundary; improper use of herbicides; poisoning of water sources; destruction of environment resulting in erosion and destruction of private property: contractors use of untrained and/or illegal labor for application of herbicides; cutting trees which fell on power lines.
Renewable - Sustainable Energy and Energy Efficiency vs Coal and Nuclear Power
TVA continues to insist that nuclear power is clean energy. This is a dangerous false mantra due to deadly, highly radioactive used nuclear fuel which must be safely and securely stored for centuries. Nuclear power is an expensive, high risk energy alternative.
EXCERPTS FROM THE DIRECTORS MEETING
CEO Statement
CFO Statement
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