I guess I don't understand the process- Trump appointed him, fired him and then told the board to replace him?
Jeff Lyash is president and chief executive officer of the Tennessee Valley Authority. Appointed by the Board of Directors in February 2019.
Lyash worked up through plant management at the Brunswick Nuclear Plant in North Carolina, then rose in executive ranks at utilities in the Southeast.
The Toronto Star reported Lyash made $1.5 million per year in 2015 at Ontario Power, making him the highest-paid government employee in the province.
He’ll make much more than that at TVA, though he won’t equal outgoing president and CEO Johnson.
Johnson, 65, has been TVA president and CEO since November 2012. At $8.1 million in total annual compensation, he’s the highest-paid federal employee. Johnson is potentially eligible for a $12.8 million payout on his departure.
TVA used the McAulay Smith executive search firm, based in Charlotte, North Carolina, to find candidates, Howorth said Thursday. That’s the same firm which brought in Johnson, who is from North Carolina.