Tennessee Valley Authority Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by the Tennessee Valley Authority (TVA), a corporate agency of the United States, on April 16, 2008. The report addresses a specific governance event regarding the Board of Directors.
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 disclosures and contains no financial performance data.
Material Changes
The material change reported is the departure of a Director. On April 16, 2008, Director Skila S. Harris notified the President of the United States of her intention to leave her position on the TVA Board of Directors effective May 19, 2008, upon the expiration of her term.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, management commentary on operations, or specific risk factors. Director Harris plans to participate in the Board's public meeting on May 19, 2008, and will leave office at midnight on that date.
Key Facts for Investor Verification
- Director Skila S. Harris is resigning from the TVA Board of Directors.
- The effective date of departure is May 19, 2008.
- The departure coincides with the expiration of her term of office.
- No financial data or operational metrics are included in this specific filing.