Tennessee Valley Authority — Board/Management Information 2009

Oct 30, 2009

8-K 1 tva8k.htm TENNESSEEVALLEYAUTHORITYCAMPBELLCOMP tva8k.htm Licensed to: TVA Document Created using EDGARizer 5.1.4.0 Copyright 1995 - 2009 Thomson Reuters. All rights reserved.

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): October 27, 2009

TENNESSEE VALLEY AUTHORITY

(Exact name of registrant as specified in its charter)

| A corporate agency of the United States created by an act of Congress (State or other jurisdiction of incorporation or organization) | 62-0474417 (IRS Employer Identification No.) | | --- | --- | | 400 W. Summit Hill Drive Knoxville, Tennessee (Address of principal executive offices) | 37902 (Zip Code) |

(865) 632-2101

(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:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 27, 2009, TVA’s President and Chief Executive Officer Tom Kilgore approved adjustments to the compensation of William R. Campbell, Senior Vice President of Fleet Engineering. Mr. Campbell was appointed to this position in February 2009, having previously been TVA’s Chief Nuclear Officer and Executive Vice President, Nuclear Power Group. Beginning with the performance cycles ended September 30, 2009, his opportunity under both the Executive Annual Incentive Plan and the Executive Long-Term Incentive Plan will be 45 percent of his annual salary. Additionally, his salary will be $469,000, effective October 1, 2009.

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.

| Date:

October 30, 2009
(Registrant)
/s/ Kimberly
S. Greene
Kimberly
S. Greene
Chief
Financial Officer and Executive Vice
President, Financial Services

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