---
title: "Michael D. Skaggs named Interim President and CEO of Tennessee Valley Authority"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284057165.md"
description: "Tennessee Valley Authority has appointed Michael D. Skaggs as Interim President and CEO, effective April 24, 2026, succeeding Donald A. Moul, who will retire on July 1, 2026. Skaggs has been with TVA since 1994, holding various senior roles, including EVP & COO. His annual salary will be $500,000, with potential additional compensation based on performance. This appointment follows Moul's previously announced retirement."
datetime: "2026-04-24T21:33:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284057165.md)
  - [en](https://longbridge.com/en/news/284057165.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284057165.md)
generator: "portal-rs"
---

# Michael D. Skaggs named Interim President and CEO of Tennessee Valley Authority

**Tennessee Valley Authority appointed Michael D. Skaggs as Interim President and Chief Executive Officer, effective April 24, 2026, succeeding Donald A. Moul who will retire July 1, 2026.**

**Individual**

Michael D. Skaggs

Donald A. Moul

**Role**

Interim President and Chief Executive Officer

President and Chief Executive Officer

**Type of Change**

Appointed

Will retire (succession)

**Effective Date**

April 24, 2026 (term ends April 24, 2027)

July 1, 2026 (retirement)

**Reason**

Not disclosed (interim appointment following announced retirement)

Retirement (previously announced)

**Replacement Info**

N/A

Succeeded by Michael D. Skaggs (Interim)

**Background Details**

Joined TVA 1994; held multiple senior roles including EVP & Advisor to CEO (Jun 2021–Jan 2022), EVP & COO (Oct 2018–Jun 2021), and various nuclear operations leadership positions; retired Jan 2022.

Not disclosed

**Board/Committee Role Changes**

Not disclosed

Not disclosed

**Compensation**

Annual salary $500,000; potential lump-sum Additional Compensation payable within two months after term if criteria met; removal only for Gross Misconduct except accelerated payments per Offer Letter.

Not disclosed

Original SEC Filing: Tennessee Valley Authority \[ TVC \] - 8-K - Apr. 24, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**