HUNTSVILLE, Ala. ― James “Skip” Thompson, of Decatur, Ala., today officially assumed his role as a member of the Tennessee Valley Authority board of directors after taking the oath of office in a ceremony in Huntsville, Ala. His term will expire on May 18, 2021.
Thompson was nominated by President Donald Trump on Sept. 21, 2017, and was confirmed by the U.S. Senate on Dec. 21, 2017. He was sworn in by U.S. District Senior Judge C. Lynwood Smith, Jr., of the Northern District of Alabama.
“Having grown up in Decatur in the shadow of the Browns Ferry Nuclear Plant, I’ve always been impressed by the continued importance of TVA’s mission of energy, environmental stewardship and economic development,” said Thompson. “I’m honored to have the opportunity to do my part to serve the people of the Tennessee Valley as a board member.”
Director Thompson lives in Decatur, Ala., and serves as the president and CEO of Corporate Billing LLC, a subsidiary of the National Bank of Commerce, Birmingham, Ala. He previously served as the president and CEO of First American Bank in Decatur and as president and CEO of First Commercial Bank of Huntsville.
Thompson earned a Bachelor of Science degree from the University of Alabama, Huntsville.
Thompson is one of four newly confirmed appointees to the TVA board of directors along with Jeff W. Smith of Knoxville, Tenn., Kenneth Allen of White Plains, Ky., and A.D. Frazier of Mineral Bluff, Ga. They will join current TVA Chair Richard Howorth of Oxford, Miss., and Directors Virginia Lodge of Nashville, Tenn., Eric Satz of Nashville, Tenn., and Ronald Walter of Memphis, Tenn.
One additional vacancy remains on the nine-member board, which next meets on Feb. 16, 2018, in Chattanooga, Tenn.
The Tennessee Valley Authority is a corporate agency of the United States that provides electricity for business customers and local power companies serving more than 9 million people in parts of seven southeastern states. TVA receives no taxpayer funding, deriving virtually all of its revenues from sales of electricity. In addition to operating and investing its revenues in its electric system, TVA provides flood control, navigation and land management for the Tennessee River system and assists local power companies and state and local governments with economic development and job creation.