Posted on 01/31/2025 2:28:23 PM PST by Libloather
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 Lyash’s “ridiculous” pay and vowed to fire him.
“Sounds like Lyash got DOGE’d,” a senior administration official told The Post, referring to Elon Musk’s 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 Trump’s 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 I’m looking forward to my next chapter, spending more time with family, grandchildren, and friends, I will miss our TVA team and the relationships we’ve 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 “we’re getting rid of him in one form or another. Either the board’s gonna do it, or we’re gonna do it, but he’s gone.”
(Excerpt) Read more at nypost.com ...
I am in the wrong business.
Is Lyash the one who scheduled TVA’s coal plants for replacement with renewables?
Great big PING comin’ in hot!!!
No crimp! Fudger is a millionaire! His pension will be at least 1/4 of his compensation while working.
10.5 mil??????!!! Why I would have done the job for 10 and worked some weekends
70% of the average of the last 5 years of pay is sort of standard for the high end CEOs of the government attached orgs. This culling will seem to cost more the first couple of years, but just getting rid of 10 useless things at the TVA can be a billion dollars 5 years out.
Federal employee salaries need to be capped at what the compensation package is for the President.
No kidding.
$10.5 Million a year, but what did the job cost him in kick-backs to crooked politicians?
Why are federal employees making that much?
Tell me about it. I came of age in the 80s when the private sector made far more than the public sector. Our "public servants" have become our public masters and raiders of the treasury. There needs to be a law pass reducing all federal employee pay by 40%.
Are we supposed to feel bad? Cry? Protest in anger?
What is the proper response from the tax payers?
later
Living in TN on a river, we deal with the TVA often. Their bureaucracy is 5X worse than anything in federal, state, or local governments. (I know that TVA technically is fed, but they’re pretty independent.) The arrogance and inaccessibility is stunning. I don’t know if that attitude trickles down from this guy, but if he leaves I hope things change.
**I am in the wrong business.**
Yes you are. I’d work for free. Just need to make progress.
I believe they are capped at what CONgress gets.
Based on what? Be specific.
Wow. The SES heads of most government agencies of similar size and budget make around 250k. Must be a whole history of leftist thugs and criminals to even create this position and compensation, guessing FDR was responsible.
Riiiight, he’s not leaving his cushy overpaid job because of Trump, he just got tired of making so much money. Yeah, that’s the ticket.
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