KNOXVILLE, Tenn. — The Tennessee Valley Authority Board of Directors selected Don Moul to serve as President and Chief Executive Officer of the nation’s largest public power utility, effective April 9, 2025.
Moul is the fourth CEO of the historic agency, succeeding Jeff Lyash, who announced his intent to retire in January.
Moul brings more than 38 years of experience across all facets of power generation and operations with a proven track record of improving operational performance and teamwork. He is recognized across the industry as a strong, versatile leader.
Since June 2021, Moul has served as TVA’s executive vice president and chief operating officer, where he held primary responsibility for power generation, transmission, and power supply functions. Under Don’s leadership, TVA is a national leader in driving advanced nuclear technologies forward. In addition, TVA twice set records for meeting all-time peak power demands during severe weather and consistently delivered the strongest safety performance years in TVA history.
“Don is the right choice to lead TVA forward as we work to build an energy system to power the next generation of American jobs,” said Jeff Lyash, president and CEO of TVA. “Don is ready to be the hand guiding TVA in a time of rapid change and growth, and he will continue to propel TVA’s nuclear leadership. In his role as COO, he has led the development of next generation nuclear technologies and has a deep knowledge and appreciation for nuclear power – the most reliable power the world’s ever known.”
“His extensive knowledge and experience make him one of the top leaders in the industry. Over the past several years, we have been intentional about developing and growing our leadership bench strength. We brought Don to TVA four years ago with succession planning in mind.”
“Don’s vision, depth of industry knowledge and favorability among TVA employees position him well to unleash TVA’s potential from Day One, with little to no learning curve,” said Joe Ritch, TVA’s Board Chairman.
Moul has helped lead the effort to accelerate and drive a buildout of generation and infrastructure to meet an ever-growing demand for electricity across TVA’s seven-state region, now and in the future. Transitioning into the CEO role is a natural fit.
“When you think about the strength of our economy, it’s going to be determined by the strength of our energy and infrastructure. And I think TVA is leading that charge,” said Don Moul. “We’re in a period of growth like we’ve not seen before, and, to meet that growth, we are making one of the largest capital investments in our history.”
“I’ve had four years here. I’ve seen the competitive advantage that public power brings to our region – working in partnership with local power companies and direct serve customers to serve 10 million people across seven states. I am excited about this opportunity, and the transition is going to be seamless. TVA needs a steady hand right now. I will build on the momentum that Jeff and our team have created – making sure we continue to invest in new generation, strengthen our grid and enhance system reliability. As we look to the future, the growth and prosperity across our seven-state region depends on our ability to deliver affordable, reliable, and sustainable energy. We will accomplish this through continued excellence in operations, financial discipline, and a commitment to the fundamentals of our mission of service.”