Leroy N. Soetoro
2025-02-01 02:26:03 UTC
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Permalink10-5m-job-after-first-term-trump-said-were-getting-rid-of-him/
WASHINGTON Tennessee Valley Authority CEO Jeff Lyash the highest-paid
federal employee with a compensation package of $10.5 million per year
abruptly announced Friday that he was retiring 11 days after the return to
office of President Trump, who during his first term slammed Lyashs
ridiculous pay and vowed to fire him.
Sounds like Lyash got DOGEd, a senior administration official told The
Post, referring to Elon Musks Department of Government Efficiency
initiative to rein in allegedly wasteful federal spending.
A TVA rep denied that Lyash was departing either in response to or to get
ahead of pressure from Trumps team after six years in the job.
The answer is no, spokeswoman Melissa Greene told The Post. When Jeff
was hired in 2019, he told the TVA Board of Directors that he would let
them know when he was seriously considering retirement. Jeff kept his
word, beginning those conversations with the Board last fall.
In his good-bye message, Lyash wrote: While Im looking forward to my
next chapter, spending more time with family, grandchildren, and friends,
I will miss our TVA team and the relationships weve built across this
region.
The true strength of TVA is its people an experienced and passionate
workforce who work every day to make a difference, Lyash added.
Trump tore into Lyash during the final year of the 45th presidency, saying
in August 2020 that were getting rid of him in one form or another.
Either the boards gonna do it, or were gonna do it, but hes gone.
Trump said at the time that Lyash should have been earning no more than
$500,000 a year and should not get a lavish exit package.
By law, the president earns $400,000 annually, in addition to a $50,000
allowance for expenses. Members of Congress receive a yearly salary of
$174,000.
The then-president, responding to a question from The Post, said that
Lyash was grossly overpaid for his role leading the federally owned
utility, which is a legacy of New Deal infrastructure projects.
That is the greatest job in the history of government almost, certainly
if youre into money Ive been waiting for somebody to ask me about
that, its been bothering me for a long time, Trump said at a briefing
during the COVID-19 pandemic.
The TVA manages hydroelectric dams and nuclear power plants.
Other TVA employees are also earning top dollar with chief financial
officer John Thomas raking in $6.3 million a year, chief operating officer
Don Moul earning $5 million, general counsel David Fountain making $3.3
million and chief nuclear officer Tim Rausch taking home $3.3 million,
according to a November report from the Knoxville News Sentinel.
Criticism of TVA salaries has been bipartisan, with Rep. Steve Cohen (D-
Tenn.) telling The Post in 2020 that Lyashs pay was out of line for a
public agency.
Many [TVA executives] make over a million dollars running an agency set
up to render energy and aid to a poor region in our country that still
suffers economically in many areas, Cohen said.
This makes the out-of-line salaries even more distasteful. This has been
wrong for decades and those salaries should be considerably reduced,
particularly at this time.
Lyashs subordinates defended his compensation by noting that utility
executives often get seven- or eight-figure hauls.
--
November 5, 2024 - Congratulations President Donald Trump. We look
forward to America being great again.
The disease known as Kamala Harris has been effectively treated and
eradicated.
We live in a time where intelligent people are being silenced so that
stupid people won't be offended.
Durham Report: The FBI has an integrity problem. It has none.
Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden
fiasco, President Trump.
Under Barack Obama's leadership, the United States of America became the
The World According To Garp. Obama sold out heterosexuals for Hollywood
queer liberal democrat donors.