A.D. Frazier, of Mineral Bluff, Ga., on Tuesday officially assumed his role as a member of the Tennessee Valley Authority board of directors after taking the oath of office in a ceremony in Chattanooga. His term will expire on May 18, 2022.
Mr.
Frazier was nominated by President Donald Trump on Sept. 21, 2017, and was confirmed by the U.S. Senate on Dec. 21, 2017. He was sworn in by U.S. District Judge Harry S. Mattice, Jr., of the Eastern District of Tennessee.
“Even after 84 years, TVA still has an important and relevant mission that impacts the lives of residents across the Tennessee Valley, including those served in northern Georgia,” said Mr. Frazier. “As a board member, I look forward to joining TVA and contributing to its mission of service.”
Director Frazier has spent his entire 35-year career as an executive manager in the for-profit, non-profit and government sectors, principally in the financial services industry. Among his many achievements, he was awarded The Olympic Order in Gold by the International Olympic Committee for his services as the Chief Operating Officer of the Atlanta Committee for the Olympic Games – the only COO ever to receive the IOC’s highest service award.
Mr. Frazier earned bachelor of arts and Juris Doctor degrees from the University of North Carolina at Chapel Hill, as well as completing the Harvard Business School’s Advanced Management Program.
Mr. Frazier is one of four newly confirmed appointees to the TVA board of directors along with James “Skip” Thompson of Decatur, Al., Jeff W. Smith of Knoxville, Tn., and Kenneth Allen of White Plains, Ky. They will join current TVA chair Richard Howorth of Oxford, Ms., and Directors Virginia Lodge of Nashville, Eric Satz of Nashville, and Ronald Walter of Memphis.
One additional vacancy remains on the nine-member board, which next meets on Feb. 16, 2018, in Chattanooga, Tn.
The Tennessee Valley Authority is a corporate agency of the United States that provides electricity for business customers and local power companies serving more than 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.