McAulay Smith Successfully Recruits Jeff Lyash to Become President & CEO

Knoxville, TN –February 2019 – Jeff Lyash becomes the new President & CEO.  Please continue reading the Press Release published by Tennessee Valley Authority below for details:

Publication Date: February 14, 2019 KNOXVILLE, Tenn. ― The TVA Board of Directors announced today that Jeffrey Lyash will become President and CEO of the $11 billion federal corporation, effective April 2019. Lyash, 57, will succeed William D. Johnson, who has served as TVA’s second President and CEO since 2013.

Lyash is president and CEO of Ontario Power Generation Inc. (OPG), one of the largest electrical generating companies in Canada. He was formerly President of CB&I Power and Executive Vice President of Energy Supply for Duke Energy. He began his career in the utility industry in 1981, joining Progress Energy in 1993 where he held a wide range of management and executive roles that gave him extensive corporate and operations leadership experience.

Before joining Progress Energy, Lyash worked for the U.S. Nuclear Regulatory Commission (NRC) in a number of senior technical and management positions throughout the northeast United States and in Washington, D.C. He has held a senior reactor operator license from the Nuclear Regulatory Commission.

Lyash is currently Chair of the Electric Power Research Institute (EPRI), an international non-profit organization for public interest energy and environmental research. He holds a bachelor’s degree in mechanical engineering from Drexel University.

For the full Press Release, go to: https://www.tva.gov/Newsroom/TVA-Board-Names-Jeff-Lyash-New-President-&-CEO.

Al McAulay and Steve Smith managed the search.

The McAulay Smith Firm is a performance-based retained executive search firm that partners with clients to recruit for mid- and senior-level executive and management positions. Established in 1995, The McAulay Smith Firm has completed hundreds of engagements for numerous client companies in 32 states and 10 countries.