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TVA Gets a New CEO

KNOXVILLE, Tenn. (AP) — The Tennessee Valley Authority’s board has chosen a former energy chief from North Carolina, who was ousted from his previous company earlier this year, to succeed retiring Tom Kilgore as the chief executive of the nation’s largest public utility.
Bill Johnson was CEO of Progress Energy and had been slated to lead Duke Energy when the two companies combined to form the nation’s largest investor-owned utility in July. But within hours of the merger Johnson was out, replaced by Jim Rogers, who had been Duke’s CEO but was slated to become executive chairman.
The surprise ouster has prompted North Carolina’s utility regulator to investigate whether the state and public were misled during the merger approval process.
At a news conference in Knoxville on Monday, TVA Board Chairman Bill Sansom expressed total confidence in the board’s choice of leadership. He said the board was unanimous in its support for Johnson.

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Gary Wade to Become Chief Justice of State Supreme Court

News release from Administrative Office of the Courts:
Nashville, Tenn. – Justice Gary R. Wade is to be sworn in as the 29th chief justice of the Tennessee Supreme Court at 10 a.m. on Saturday, Sept. 1 at the Sevier County Courthouse. He will succeed Chief Justice Cornelia A. Clark, who has served as chief justice since Sept. 1, 2010. On Sept. 5, Governor Bill Haslam will administer the ceremonial oath to Chief Justice Wade at the Knoxville Bar Association’s annual dinner honoring the Supreme Court.
Justice Wade was appointed to the Tennessee Supreme Court in 2006 by Governor Phil Bredesen. Prior to his appointment, Justice Wade served on the Court of Criminal Appeals for 19 years and was elected by his colleagues to serve as Presiding Judge from 1998 to 2006. Justice Wade previously served as president of the Tennessee Judicial Conference in 1995-96 and was named Tennessee Appellate Judge of the Year in 2004. He is the founder of the Tennessee Judicial Conference Bar Foundation, an organization that provides need-based scholarships to law students at each of the state’s law schools.

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