November 5 2012 -
CHATTANOOGA, TENN. – U.S. Senator Bob Corker, R-Tenn., made the following statement on the TVA Board of Directors’ selection of Bill Johnson, former chairman, president and chief executive officer (CEO) of Progress Energy, Inc., as the new president and CEO of TVA, replacing Tom Kilgore who announced his retirement in August.
“TVA is at an important crossroads, and I hope that as Bill Johnson takes the helm, he will focus his efforts on tightly managing the operation and focusing on the strategic decisions and investments that need to be made – all with the knowledge that the economic future of the Tennessee Valley is tied to keeping rates low and ensuring our citizens have access to safe and reliable power,” said Corker. “I thank Tom Kilgore for his service to TVA and look forward to working with Bill in the coming months.”
###
