Mike Duncan, TVA's New Chairman
Yahoo! Finance:
KNOXVILLE, Tenn. (AP) -- Though it has tried to fight an image as a refuge for the politically connected, the leadership of the Tennessee Valley Authority elected the former chairman of the Republican Party as the federal utility's next chairman.
"I am more than a partisan animal," Kentucky banker Mike Duncan insisted after being elected by a 4-3 vote to succeed Knoxville businessman Bill Sansom as chairman of the country's largest public utility.
Two weeks ago, Duncan, former President George W. Bush's hand-picked Republican chief, lost a bid for a second two-year term as chairman of the Republican National Committee.






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First Posted: 02-16-09 07:55 AM | Updated: 03-19-09 05:12 AM