Tennessee Valley Authority (TVC) sets board chair and successor timeline
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
The Tennessee Valley Authority reported a leadership change on its Board of Directors. On February 27, 2026, the TVA Board approved Mitch Graves as Chair, with his term in that role running until April 1, 2027.
The Board also approved Jeff Hagood to serve as Chair Elect and then as Chair for a term ending May 18, 2029. Hagood’s term as Chair will begin on the earlier of April 1, 2027, or if Graves becomes unable to continue serving as Chair.
Positive
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Negative
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8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13, 15(d), or 37 of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 27, 2026
(Exact name of registrant as specified in its charter)
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(Registrant's telephone number, including area code)
None
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01 Other Events.
On February 27, 2026, the Tennessee Valley Authority Board of Directors ("TVA Board") approved the selection of Mitch Graves as Chair of the TVA Board. Mr. Graves assumed the role of Chair on February 27, 2026, and his role ends on April 1, 2027.
On February 27, 2026, the TVA Board also approved the selection of Jeff Hagood to serve as Chair Elect and to serve as Chair for a term ending on May 18, 2029. Mr. Hagood's term as Chair will begin on the earlier of April 1, 2027, or the date that Mr. Graves is unable to serve as Chair.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Tennessee Valley Authority | |||||
| (Registrant) | |||||
| Date: March 5, 2026 | /s/ Thomas C. Rice | ||||
| Thomas C. Rice | |||||
| Executive Vice President and Chief Financial Officer | |||||
FAQ
What leadership changes did Tennessee Valley Authority (TVC) disclose in this 8-K?
Tennessee Valley Authority disclosed that its Board selected Mitch Graves as Chair effective February 27, 2026, and appointed Jeff Hagood as Chair Elect, who will later serve as Chair for a term ending May 18, 2029, depending on specific transition timing conditions.
When does Mitch Graves’ term as Chair of the TVA Board end?
Mitch Graves’ role as Chair of the Tennessee Valley Authority Board ends on April 1, 2027. He began serving as Chair on February 27, 2026, following Board approval, providing a defined leadership period of a little more than one year for the chair position.
Who is the Chair Elect of the Tennessee Valley Authority Board and what is his term?
The TVA Board selected Jeff Hagood as Chair Elect on February 27, 2026. He is designated to serve as Chair for a term ending May 18, 2029, giving him a multi‑year leadership horizon once his tenure as Chair formally begins under the transition terms.
When does Jeff Hagood become Chair of the TVA Board according to the filing?
Jeff Hagood’s term as Chair begins on the earlier of April 1, 2027, or the date Mitch Graves is unable to serve as Chair. This structure creates a clear succession plan and ensures continuity of board leadership based on either timing or necessity.
What SEC form did Tennessee Valley Authority (TVC) use to report these board changes?
Tennessee Valley Authority used a Form 8-K to report these board leadership changes. The information appears under Item 8.01, "Other Events," which is commonly used to disclose significant corporate developments outside regular periodic financial reporting requirements.
Who signed the Tennessee Valley Authority report describing the new board chair appointments?
The report was signed on behalf of Tennessee Valley Authority by Thomas C. Rice, who is identified as Executive Vice President and Chief Financial Officer. His signature on March 5, 2026, confirms the registrant’s authorization of the disclosed board leadership information.