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): March 13, 2008
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)
|
000-52313
(Commission
file number)
|
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))
(1)
Item
5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
March 13, 2008, the Senate confirmed the nomination of Thomas C. Gilliland to
serve on the TVA Board of Directors. Mr. Gilliland’s term will expire on
May 18, 2011.
Mr.
Gilliland, of Blairsville, Georgia, was nominated by President Bush on July 11,
2007. Mr. Gilliland, age 60, recently retired as Executive Vice
President, Secretary, General Counsel, and Director for United Community Banks,
Inc., a bank holding company with assets of approximately $8.0
billion. He had been with that company since 1992. Mr.
Gilliland will take office after being sworn in, a date for which has not yet
been set.
There
are no family relationships between Mr. Gilliland and any director, executive
officer or person nominated or chosen to become a director or executive officer
of TVA. As a director, Mr. Gilliland will be entitled to the benefits
and arrangements applicable to his office as identified in Item 11 of TVA’s
Annual Report on Form 10-K, as amended by Form 10-K/A, for the fiscal year ended
September 30, 2007.
Mr.
Gilliland is not party to, and does not have a direct or indirect material
interest in, any transactions or arrangements with TVA other than in connection
with his employment as described in this report.
(2)
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:
March 17,
2008
/s/
Maureen H.
Dunn
Maureen H. Dunn
Executive Vice President and General Counsel
(3)