Board of Directors
Frequently Asked Questions
How do I contact members of the Board?
Any correspondence to the Board should be addressed to:
TVA Board of Directors
400 West Summit Hill Drive WT 6
Knoxville, TN 37914
Day-to-day mail is typically handled internally on behalf of Directors, with incoming correspondence and responses summarized in monthly reports to the Board. Correspondence about accounting, internal financial controls or auditing matters is promptly brought to the attention of the Chairman of the Audit Committee and the Chairman of the Board.
How are TVA directors selected?
The Board of Directors has nine members appointed by the President of the United States with the advice and consent of the Senate. At least seven directors must be legal residents of the TVA service area.
Do directors and officers at TVA abide by a code of business conduct and ethics?
TVA employees, including Board members, are subject to various laws and policies addressing ethical behavior. The best interests of TVA take precedence over any conflicting interest possessed by a Director. The Board expects individual Directors, as well as officers and employees of TVA, to act ethically at all times and to adhere to the TVA Conflict of Interest Policy (PDF) adopted by the Board in 2006.
How long is the term of office for each director?
A Director serves a term of 5 years. A Director whose term has expired may continue to serve until the date on which a successor takes office, or until the end of the session of Congress in which the term of the member expires, whichever comes first.
What are the Board’s responsibilities?
The TVA Act describes the Board's responsibilities, including: (1) establish TVA’s broad goals, objectives, and policies; (2) develop long-range plans to guide TVA; (3) ensure that those goals, objectives and policies are achieved; and (4) approve TVA’s annual budget. Additionally, the TVA Act requires the Board to appoint TVA’s Chief Executive Officer.