By: Associated Press
By: Associated Press

CHATTANOOGA, Tenn. (AP) -- The Tennessee Valley Authority paid many of its top executives substantially more in fiscal 2012 than in the year before.

TVA's fiscal year ended Sept. 30 and year-end figures were released Friday by the government utility.

The Chattanooga Times Free Press reports TVA CEO Tom Kilgore's salary was down a fraction from the year before, but performance bonuses and deferred retirement benefits pushed his 2012 total compensation to more than $4 million -- up nearly 2 percent.

The largest pay jump fell to Kimberly S. Greene, who oversaw improvements in fossil fuel power generation in the last year. Her salary went up 50 percent to $3.57 million.

Chief Financial Officer John Thomas earned 32 percent more for trimming utility expenses when power sales came in $800 million short.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 179721401 -
Gray Television, Inc.