TVA Director DePriest Steps Down

KNOXVILLE, Tenn. (AP) - A Tennessee Valley Authority director
from Mississippi whose term was scheduled to end next month has
resigned, saying he wants to return to private life.

Don DePriest of Columbus, Miss., submitted his resignation Friday to President Barack Obama, effective two days ago, saying it had been "a privilege to serve in this role as TVA continues its mission to deliver affordable, reliable power, environmental stewardship and economic development" to the seven-state region.

Though his nearly three-year term was due to expire May 18, DePriest had indicated he would remain on the board until his successor was confirmed. But he decided this week to step down so he could "concentrate on personal business matters," TVA spokesman John Moulton said.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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