TVA’s Extravagant Executive Toys at Your Expense

Just when you thought the excessive executive compensation was bad, it appears that the Tennessee Valley Authority’s (TVA) CEO Bill Johnson, already the highest paid federal employee in the entire country taking home over $6.5 in total compensation in 2017, spent the last few years on a spending spree buying new corporate jets, airplanes and a luxury helicopter. Over the past two and a half years it looks like the grand total of the spending spree comes in at about $40,000,000.