Dominion Energy Inc.
Jeffrey J. Lyash Elected to Dominion Energy Board and Appointed to Committee
Summary
On June 25, 2025, Dominion Energy, Inc. announced the election of Mr. Jeffrey J. Lyash to its Board of Directors as an independent director and his appointment to the Safety, Technology, Nuclear and Operations Committee, effective the same date. Mr. Lyash, who retired as President and CEO of Tennessee Valley Authority in April 2025, brings extensive experience in the energy sector. His compensation includes an annual cash retainer of $117,500, an annual stock retainer of $177,500, and a $2,000 excess meeting fee if he attends more than 25 meetings per calendar year. There are no arrangements or understandings with Mr. Lyash regarding his selection as director, and he is not involved in any undisclosed transactions.
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About Dominion Energy Inc.
Dominion Energy Inc. is a leading energy utility company based in Richmond, Virginia. It primarily operates in the energy production, transmission, and distribution sectors, catering to millions of customers across different regions. The company's key focus is on generating and delivering reliable electricity and natural gas, with an emphasis on sustainable and clean energy solutions. As part of its commitment to environmental stewardship, Dominion Energy is heavily investing in renewable energy sources, such as wind and solar power, while also maintaining a robust infrastructure for traditional energy sources. Dominion Energy's strategic role in the financial market is underscored by its impact on the utilities sector, which is crucial for economic stability and growth. The company’s initiatives in reducing carbon emissions and enhancing grid efficiency are significant as sustainability becomes a priority worldwide. Beyond energy production and distribution, Dominion Energy also manages gas transmission and storage, contributing to energy security in the regions it serves. As a key player in the energy transition movement, Dominion Energy Inc. continues to influence the market dynamics with its comprehensive approach to energy management and sustainability.
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