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Executive VP Leaving TVA
TVA Executive Vice President and Chief Generation Officer Kimberly S. Greene announced Wednesday she will be leaving her current position to become president and CEO of Southern Company Services, effective April 1.
Greene joined TVA in 2007 from Southern Company, where she had most recently been serving as its senior vice president of finance and treasurer following nearly 17 years of progressive career advancement in engineering, finance, strategy, energy marketing and trading. She joined Southern Company following graduate school at University of Alabama at Birmingham.
“I and all of Kim’s coworkers at TVA will miss her leadership and expertise, as well as our personal interactions with her. We are proud of her accomplishments at TVA and in the broader utility industry, and know she will continue to be successful in her new position at Southern Company,” said TVA President and CEO William D. Johnson. “As we make this transition, our Generation employees will continue to focus on our key priorities of delivering low-cost and cleaner energy to the people of the Tennessee Valley.”
According to Johnson, responsibilities for Coal Operations, Gas Operations, River Operations and Renewables, Generation Construction, Power Supply and Fuels, and Engineering, Environmental & Support Services will continue to be handled by the current responsible members of the Generation leadership team. An internal and external search for a successor will begin immediately.
Prior to her current appointment, Greene was group president for Strategy & External Relations, leading several organizations responsible for TVA's strategic planning and external outreach. Previously, she served as TVA's chief financial officer, executive vice president of Financial Services and chief risk officer. Executive VP Leaving TVA
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Last Update on December 18, 2014 08:45 GMT
ECONOMY-THE DAY AHEAD
WASHINGTON (AP) -- Labor Department releases weekly jobless claims, 8:30 a.m. Eastern Time.
Mortgage company Freddie Mac releases weekly mortgage rates, 10 a.m.
Conference Board releases leading indicators for November, 10 a.m.
SONY HACK-NORTH KOREA
NEW YORK (AP) -- A U.S. official says North Korea perpetrated an unprecedented act of cyberwarfare against Sony Pictures that exposed tens of thousands of sensitive documents and escalated to threats of terrorist attacks that ultimately drove the studio to cancel all release plans for "The Interview," the film at the heart of the attack.
Federal investigators have now connected the Sony Pictures hack to the isolated communist nation, according to an official who spoke on condition of anonymity because the official was not authorized to openly discuss an ongoing criminal case.
Earlier in the day, the besieged company said it was canceling the Christmas Day release of "The Interview." It cited the threats of violence against movie theaters and decisions by the largest multiplex chains in North America, one after another, to pull the film from its screens.
The attack is unprecedented and possibly the costliest for a U.S. company ever, says Avivah Litan, a cybersecurity analyst at research firm Gartner.
LOS ANGELES (AP) -- Taxi alternative Uber is responding to public concerns that its drivers are not adequately screened for past criminal convictions by promising to focus on rider safety.
Uber's head of global safety wrote in a blog post Wednesday that in 2015 the company will "build new safety programs and intensify others."
The initiatives will include new ways to screen drivers and the creation of teams that can rapidly respond to safety-related reports.
The blog referenced a case in India in which a driver was accused of raping a passenger. It didn't mention a lawsuit filed by California prosecutors which says the company's safety checks of drivers fall short.
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