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): October 27, 2009
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)
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000-52313
(Commission
file number)
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62-0474417
(IRS
Employer Identification No.)
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||
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400
W. Summit Hill Drive
Knoxville,
Tennessee
(Address
of principal executive offices)
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37902
(Zip
Code)
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(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
October 27, 2009, TVA’s President and Chief Executive Officer Tom Kilgore
approved adjustments to the compensation of William R. Campbell, Senior Vice
President of Fleet Engineering. Mr. Campbell was appointed to this
position in February 2009, having previously been TVA’s Chief Nuclear Officer
and Executive Vice President, Nuclear Power Group. Beginning with the
performance cycles ended September 30, 2009, his opportunity under both the
Executive Annual Incentive Plan and the Executive Long-Term Incentive Plan will
be 45 percent of his annual salary. Additionally, his salary will be
$469,000, effective October 1, 2009.
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.
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Date:
October 30, 2009
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Tennessee
Valley Authority
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(Registrant)
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/s/ Kimberly
S. Greene
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Kimberly
S. Greene
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Chief
Financial Officer and Executive
Vice
President, Financial Services
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2