Summary
Dominion Energy, Inc. (D) announced a change to its Board of Directors with the election of Mr. Jeffrey J. Lyash as an independent director, effective June 25, 2025. Mr. Lyash brings extensive experience in the energy sector, having previously served as President and CEO of the Tennessee Valley Authority (TVA) and holding various senior leadership positions at other prominent energy companies, including Ontario Power Generation and Duke Energy. His background also includes service at the U.S. Nuclear Regulatory Commission. Mr. Lyash's appointment to the Board also includes a position on the Safety, Technology, Nuclear and Operations Committee. As an independent director, he will be compensated according to the company's Non-Employees Directors Compensation Plan, receiving annual retainers in both cash and stock. This addition to the Board signifies a strategic move to leverage Mr. Lyash's significant operational and regulatory expertise, particularly in areas critical to Dominion Energy's business, such as nuclear operations and safety.
Key Highlights
- 1Dominion Energy appointed Jeffrey J. Lyash as an independent director to its Board of Directors, effective June 25, 2025.
- 2Mr. Lyash has been appointed as a member of the Board's Safety, Technology, Nuclear and Operations Committee.
- 3Mr. Lyash possesses extensive leadership experience in the energy sector, including his recent role as President and CEO of the Tennessee Valley Authority (TVA).
- 4His prior experience includes senior executive roles at Ontario Power Generation, CB&I Power, Duke Energy, and Progress Energy.
- 5Mr. Lyash's career began with the U.S. Nuclear Regulatory Commission (NRC) in senior technical and management positions.
- 6As an independent director, Mr. Lyash will receive an annual cash retainer of $117,500 and an annual stock retainer of $177,500.
- 7There are no undisclosed arrangements or related-party transactions concerning Mr. Lyash's appointment.