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Tennessee Valley Authority Appoints Mike Skaggs as CEO and Tom Rice as President

PUBLIC · TVENov 13, 2026
Internal move“Skaggs came out of retirement to serve as interim president and CEO in April 2026. He has more than 40 years of utility industry experience, including more than 25 years at TVA, where he previously served as chief operating officer.”

Position

Chief Financial Officer

Company

Tennessee Valley Authority

Tom Rice
KnoxvilleEnergy

Description

The Tennessee Valley Authority has permanently appointed Mike Skaggs as CEO, while Tom Rice, currently CFO, will serve as president. This restructuring separates the CEO and president roles to enhance leadership for strategic decisions and daily operations.

Quick answer

Tennessee Valley Authority Appoints Mike Skaggs as CEO and Tom Rice as President (November 13, 2026). Tennessee Valley Authority is based in Knoxville, Tennessee, United States.

Who is the new Chief Financial Officer at Tennessee Valley Authority?
Tennessee Valley Authority named Tom Rice Chief Financial Officer, announced November 13, 2026.
What did Tennessee Valley Authority announce on November 13, 2026?
The Tennessee Valley Authority has permanently appointed Mike Skaggs as CEO, while Tom Rice, currently CFO, will serve as president. This restructuring separates the CEO and president roles to enhance leadership for strategic decisions and daily operations.
What does Tennessee Valley Authority do?
The Tennessee Valley Authority (TVA) is a federally-owned corporation providing electricity for business customers and local power companies.
Where is Tennessee Valley Authority based?
Tennessee Valley Authority is based in Knoxville, Tennessee, United States.

Source: Fundz verified event record.

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Company Information

Company

Tennessee Valley Authority

Location

400 W Summit Hill Dr SW

Knoxville, Tennessee, United States

About

The Tennessee Valley Authority (TVA) is a federally-owned corporation providing electricity for business customers and local power companies.

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