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Board of Directors
TVA Board Meeting Recap — May 21, 2026
The Tennessee Valley Authority Board of Directors met May 21 in Guntersville, Alabama, to review progress on one of the largest generation construction programs in the agency’s history and to reinforce TVA’s role in keeping the region – and the nation – energy secure, economically competitive and positioned for long-term leadership.
The Board reported that TVA's state is strong and that it has a clear growth plan. They noted that TVA’s dedicated employees remain at the heart of delivering its mission, providing affordable, reliable energy to approximately 10 million people across seven states as the region experiences historic economic growth.
“TVA employees have continued to deliver on our mission of service, providing reliable electricity during rising demand, keeping our region’s electricity rates nationally competitive, and helping to grow our regional economy,” said Interim President and CEO Mike Skaggs.
To meet rapidly rising demand, the Board affirmed that 3,770 megawatts of new generation capacity are under construction – enough to power more than 2.1 million homes.
2026 Meeting Schedule
(All dates are tentative)
Feb. 11, Hopkinsville, Ky.
May 21, Guntersville, Ala.
Aug. 20, Jackson, Tenn.
Nov. 10 - To be determined
What Does the Board Do?
As provided by the TVA Act and the TVA Bylaws, the principal responsibilities of the Board are to establish broad strategies, goals and objectives; set long-range plans and policies; and to ensure their implementation by the TVA staff, which is led by the Chief Executive Officer. Directors swear an oath to faithfully and impartially perform the duties of the office.
To learn more about the work of the Board of Directors, read about the rules and regulations that form our governance.
Board Members
Board members are nominated by the President of the United States and confirmed by the Senate, and each serves a term of five years. The proceedings of Board meetings are open to the public. When their terms expire, directors may remain on the board until the end of the current congressional session (typically in December) or until their successors take office, whichever comes first.
Chair Mitch Graves
Mitch Graves of Memphis, Tennessee, has served on the Memphis Light Gas and Water Board for nearly a decade, including time as Chair and interim CEO. He serves as CEO of West Cancer Center & Research Institute and has more than 30 years of health care leadership experience. As a lifelong and fourth-generation Memphian, Graves has remained active in his community, serving numerous local organizations. His term will expire May 18, 2029.
Chair-Elect Jeff Hagood
Jeff Hagood of Knoxville, Tennessee, is a lawyer and businessman who has for decades provided legal counsel to leaders across the Tennessee Valley in business, sports, politics and community life. He has also built a diverse portfolio of successful business ventures, and offers strategic counsel on numerous charitable boards. He grew up down the road from John Sevier Fossil Plant and his mother and other family members worked for TVA. His term will expire May 18, 2029.
Art Graham
Art Graham of Jacksonville, Florida, has served on the Florida Public Service Commission for 15 years, overseeing utilities in the state, working to hold down rates for consumers and businesses. Previously, he served on the Jacksonville City Council, where he oversaw the budget of JEA, a publicly owned utility, and was on the City Council in Jacksonville Beach, which owns and operates the Beaches Energy electric utility. His TVA term will expire May 18, 2026.
Randy Jones
Randy Jones of Guntersville, Alabama, served on the City of Guntersville Electric Board for 17 years, with six years as chairman. He founded a successful insurance agency, headquartered in Albertville, Alabama, and established a long record of civic and professional leadership. Jones has been a resident of Guntersville for 45 years and serves his community on the Jacksonville State University Board of Directors, the Alabama Sports Hall of Fame Board of Directors and been a member of the Albertville Rotary Club for 48 years. His term will expire May 18, 2028.
Bobby Klein
Bobby Klein of Chattanooga, Tennessee, served as a vice president of the International Brotherhood of Electrical Workers after a decades-long career as a lineman and foreman with the Chattanooga Electric Power Board. He also served 14 years as president of the Tennessee Valley Trades and Labor Council, as well as on the TVA Labor-Management Committee. His term expires on May 18, 2026.
Wade White
Wade White of Eddyville, Kentucky, completed his 12th year as Lyon County Judge Executive and is now employed with Farmers Bank and Trust Co. of Princeton and Eddyville in business development and public relations. He is the recipient of multiple awards. An avid supporter of recreational fishing, he led initial efforts to raise awareness about the invasive Asian carp species that threatens the Tennessee and Cumberland rivers and was inducted into the Freshwater Fishing Hall of Fame in 2016. His term expires on May 18, 2027.
Additional Information
Past Meeting Archive
Lazard Report
2021 report by financial advisory firm Lazard on TVA’s business performance.
Contact Information
TVA Board of Directors
Board Services
400 West Summit Hill Drive WT 7
Knoxville, TN 37902
[email protected]