tva logoTennessee Valley Authority

Charles G. Pardee Named TVA Chief Generation Officer

April 5, 2013

KNOXVILLE, Tenn. – TVA President and CEO Bill Johnson announced today that he has named Charles G. "Chip" Pardee the new executive vice president and chief generation officer of TVA.

Pardee will be responsible for optimizing TVA's fleet of generation resources, including nuclear, coal, gas, hydroelectric and renewables, to meet energy demands across the Tennessee Valley. He will also oversee TVA's river operations, fuel procurement and power trading operations.

"Chip is a great addition to TVA's executive team. He has the industry knowledge and leadership experience we need to manage TVA's diverse energy generation portfolio as we continue increasing the use of nuclear power, natural gas and renewable resources and we decrease our reliance on coal.

"As outlined in our Integrated Resource Plan, we are focused on reducing emissions, lowering power costs and meeting the electric power needs of customers in a safe, reliable and sustainable manner," said Johnson.

During his 30 years' experience at three utilities, the Institute of Nuclear Power Operations and GE, Pardee has held leadership positions in nuclear, fossil and renewable generation. Most recently, he served as chief operating officer of Exelon Generation where he led more than 10,000 employees who managed over 35,000 megawatts of capacity across a diverse energy portfolio. Concurrently, he served as chairman of the board of Constellation Energy Nuclear Group.

Before his promotion to COO, Pardee was president and chief nuclear officer, Exelon Nuclear, where he drove continuous improvements in the operations of the largest American nuclear fleet which has consistently led the U.S. nuclear industry in cost, capacity factors and refueling outage duration. Other leadership positions in Exelon Nuclear included COO, senior vice president Exelon Nuclear Fleet Services, senior vice president for Exelon's Mid-Atlantic Operations and site vice president for Lasalle Nuclear Generating Station. Pardee has had operational responsibility for a dozen commercial U.S. nuclear stations at various times in his career.

"TVA has a rich history and a significant presence in the utility industry. Operational excellence, leadership development at all levels and continuous improvement are keys to its ongoing success. I look forward to helping TVA advance in these areas," said Pardee, who plans to visit as many employees and power plants as he can in his first 100 days.

The Tennessee Valley Authority is a corporate agency of the United States that provides electricity for business customers and local power distributors serving 9 million people in parts of seven southeastern states. TVA receives no taxpayer funding, deriving virtually all of its revenues from sales of electricity. In addition to operating and investing its revenues in its electric system, TVA provides flood control, navigation and land management for the Tennessee River system and assists local power companies and state and local governments with economic development and job creation.

Media Contact

Gail Rymer, Knoxville, 865-632-2911
TVA Public Relations, Knoxville, 865-632-6000

www.tva.com/news

           
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