TVA disappered with the dismissal of Bill Willis, the last true career TVA top manager. His title wasn't some high sounding CEO, COO, President or other such nonsense. He was the General Manager, reporting directly to the Board. TVA's become a revolving door of politico favorites and insiders at the top since. It won't get any better nor ever change.
Lies, dam lies and statistics. This article misleading uses the 'average' for the bonus. A better 'stat' would be the median bonus: half make more, have make less. It would take 29 TVA employees making $40000/yr and only ONE making $3,640,000/yr to make the 'average' bonus $8,000. It that an honest 'average'? Guess who makes the bigger salary? Yep, you know him. That's a 90:1 difference in salary. Wonder why the Occupy movement has legs?