Jeff Lyash resigned his chief executive post at Ontario Power Generation to helm the Tennessee Valley Authority, created in the Great Depression to provide electricity and economic development to what was a hard-hit region of the southeastern United States. The authority, an $11 billion federal corporation, announced the appointment of Lyash, 57, on Thursday, a day after Crown-owned OPG revealed the Pennsylvania native was leaving at the end of March for a new challenge. OPG CEO Jeff Lyash is leaving the company at the end of March to lead the Tennessee Valley Authority. Hartwick is a chartered professional accountant who joined the company in 2016 and previously served as chief financial officer at Hydro One and Wellspring Financial. The departure of Lyash follows some turbulence in Ontario’s electricity sector following the election of Premier Doug Ford.

Source: thestar February 14, 2019 21:56 UTC