Business Context and Reporting Period
This Form 8-K is a current report filed by the Tennessee Valley Authority, a corporate agency of the United States, on December 23, 2014. The report addresses a specific governance event occurring on the date of the report.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance updates and contains no financial performance data.
Material Changes
The material change reported is the departure of two Board of Directors members and the appointment of their successors:
- Dr. Barbara S. Haskew departed the Board, succeeded by Director Ronald Walter.
- Mr. William B. Sansom departed the Board, succeeded by Director Virginia Lodge.
These transitions occurred on December 23, 2014.
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on operations, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the effective date of the new directors' terms (December 23, 2014).
- Confirm the full names and backgrounds of the incoming directors, Ronald Walter and Virginia Lodge.
- Note that this filing contains no financial data; refer to the company's 10-K or 10-Q for financial metrics.