What’s the half-life of a utility CEO after a 90% pay cut? Just over three weeks, apparently. That’s how long it took for TVA’s Don Moul to announce his retirement after President Trump’s call to cap the utility’s salaries at $500K. (In 2025, Moul got $5.7M in total comp.) So, who will take the reins of the country’s largest public power provider? No word yet. 🤔
Tue, Apr 7
NEWS: TVA CEO announces retirement weeks after Trump recommends $500k pay cap
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