Dennis Bottorff appears before the Senate Committee on Environment and Public Works Feb. 8, 2006, on Capitol Hill in Washington. (AP File Photo/Lauren Victoria Burke)
The Tennessee Valley Authority today re-elected Dennis Bottorff as chairman for another year, even though his term on the TVA board could end next month.
Bottorff, a 62-year-old banker from Nashville, has served as TVA’s chairman for the past year.
TVA Director Barbara Haskew nominated Bottorff for another year as chairman and proposed adding a new vice chairman position in case Bottorff’s successor replaces him later this year.
Haskew proposed, and the TVA board approved, the election of Knoxville businessman Bill Sansom as vice chairman. Sansom would become chairman in the next year if Bottorff leaves TVA before May 18, 2012, under the board action today.
The 5-year term of Bottorff and another former chairman, Mike Duncan, end in May, although the two Republicans may continue to serve until President Obama appoints and the U.S. Senate confirms their successors.
“I am honored and humbled,” Bottorff said after the board unanimously approved his election.
Sansom, who was reappointed last year to the TVA board by the Obama White House, previously served as TVA chairman from 2006 to 2009.
TVA, the nation’s largest government utility, is governed by a 9-member board appointed by the president.
For complete details, see tomorrow’s Chattanooga Times Free Press.