TVA nuclear chief announces retirement |
|
|
|
Published
:
Fri, 30 Mar 2007 23:52
|
KNOXVILLE, Tenn. (AP) - The top executive in the Tennessee Valley Authority's nuclear power program announced Friday that he is retiring.Karl Singer, who joined TVA in 1993 after serving in the U.S. Navy, won't be leaving immediately. He is expected to remain for a few more months, concentrating on the $1.8 billion restart of a mothballed reactor at the Browns Ferry nuclear station in Alabama.'This is a decision I have been contemplating over the last year,' Singer said. 'The past five years of work on the restoration of Brown's Ferry Unit 1 have been a rewarding challenge, but I believe with the restart near, this is a good time to announce my retirement.'Browns Ferry Unit 1 is expected to return to service in May for the first time since 1985. It will be the United States' first 'new' nuclear generation of the 21st century.'I appreciate what Karl has done the past few years during this important time in the history of TVA's nuclear program,' TVA President and CEO Tom Kilgore said.Singer, one of TVA's highest-paid executives, earned nearly $1.3 million last year.Preston Swafford, senior vice president for nuclear services, will assume responsibility for TVA's five other nuclear reactors while Singer concentrates on Browns Ferry Unit 1.'We expect to name a new chief nuclear officer soon and move to the next stage of our nuclear operation,' Kilgore said.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|
Print this Story
Group 4 Securicor expresses interest in Sellafield privatisation - report 