TVA (NYSE: TVC) CEO Donald Moul to retire effective July 1, 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Tennessee Valley Authority (TVA) reported a planned leadership change. On April 3, 2026, President and Chief Executive Officer Donald A. Moul notified TVA and its Board of Directors of his intention to retire. His retirement is planned to be effective July 1, 2026, providing several months for an orderly transition. The filing is made under the Securities Exchange Act in connection with a change in certain officers.
Positive
- None.
Negative
- None.
Insights
TVA CEO Donald Moul plans a scheduled July 2026 retirement.
The filing states that President and CEO Donald A. Moul intends to retire effective July 1, 2026, with notice given on April 3, 2026. This advance disclosure signals a planned transition rather than an abrupt leadership change.
There are no details about a successor or interim leadership structure in the text. Future disclosures in company communications or additional filings may outline the board’s succession plans and confirm continuity in TVA’s executive leadership team.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Retirement effective date: July 1, 2026
Retirement notice date: April 3, 2026
2 metrics
Retirement effective date
July 1, 2026
Planned effective date of CEO Donald A. Moul’s retirement
Retirement notice date
April 3, 2026
Date CEO Donald A. Moul notified TVA and its Board
Key Terms
Item 5.02, Securities Exchange Act of 1934, Emerging growth company
3 terms
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers"
Securities Exchange Act of 1934 regulatory
"Pursuant to Section 13, 15(d), or 37 of the Securities Exchange Act of 1934"
Emerging growth company regulatory
"Emerging growth company o o Item 5.02 Departure of Directors"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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): April 3, 2026
(Exact name of registrant as specified in its charter)
A corporate agency of the (State or other jurisdiction of incorporation or organization) | (Commission file number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) | (Zip Code) | |||||||||||||
(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:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| N/A | N/A | N/A | ||||||
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).
Emerging growth company o
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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 3, 2026, Donald A. Moul, TVA's President and Chief Executive Officer, notified TVA and the TVA Board of Directors, of his intention to retire on July 1, 2026.
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: April 3, 2026 | /s/ Thomas C. Rice | ||||
| Thomas C. Rice | |||||
| Executive Vice President and Chief Financial Officer | |||||
FAQ
What leadership change did TVA (TVC) disclose in this 8-K filing?
Tennessee Valley Authority disclosed that President and CEO Donald A. Moul intends to retire effective July 1, 2026. He provided notice of his retirement to TVA and its Board of Directors on April 3, 2026, triggering this current report on Form 8-K.
When will TVA CEO Donald A. Moul’s retirement become effective?
Donald A. Moul’s retirement as TVA’s President and Chief Executive Officer is planned to be effective July 1, 2026. This date, disclosed in the filing, allows several months between his April 3, 2026 notice and his planned departure for transition planning.
On what date did TVA receive notice of CEO Donald A. Moul’s retirement?
TVA received notice of CEO Donald A. Moul’s intention to retire on April 3, 2026. On that date, he informed both Tennessee Valley Authority and its Board of Directors, and the company then reported the planned leadership change in a Form 8-K filing.
Under which 8-K item was TVA’s CEO retirement disclosed?
The planned retirement of TVA’s CEO was disclosed under Item 5.02 of Form 8-K. This item covers departures of directors or certain officers, elections of directors, appointments of certain officers, and compensatory arrangements of certain officers, making it the appropriate section for this event.
Does the TVA 8-K filing name a successor to CEO Donald A. Moul?
The content provided does not identify a successor to CEO Donald A. Moul. It solely states his intention to retire effective July 1, 2026, after giving notice on April 3, 2026, without further succession or replacement details included in the text.