The nation’s largest public utility on Monday promoted one of its top executives to CEO, putting Don Moul in charge of the Tennessee Valley Authority as President Donald Trump has cast renewed attention on the federal entity.
The utility announced that its board picked Moul as president and chief executive to replace Jeff Lyash, who said in January that he would retire no later than September. The move comes less than a week after Trump removed one of the utility’s board members without indicating why. With the firing of Michelle Moore, an appointee of former President Joe Biden, the board currently has five members and four vacancies.
The board firing and CEO hiring come after Tennessee’s two Republican U.S. senators urged officials to opt for “an interim CEO trusted by the president” before hiring someone long-term.
Moul has served as TVA’s executive vice president and chief operating officer since June 2021. In a news release announcing his selection, TVA focused in part on Moul’s leadership in the advancement of nuclear energy technologies and his experience as a licensed senior reactor operator. He starts in the new role on April 9.
“TVA needs a steady hand right now,” Moul said in the news release. “I will build on the momentum that Jeff and our team have created -– making sure we continue to invest in new generation, strengthen our grid and enhance system reliability.”
