Nomination of Marvin T. Runyon To Be a Member of the Board of Directors of the Tennessee Valley Authority, and Designation as Chairman

September 11, 1987

The President today announced his intention to nominate Marvin T. Runyon to be a member of the Board of Directors of the Tennessee Valley Authority for the term expiring May 18, 1996. Upon appointment he will be designated Chairman. He would succeed Richard Merrell Freeman.

Since 1980 Mr. Runyon has been president and chief executive officer of Nissan Motor Manufacturing Corp. U.S.A. in Smyrna, TN. Prior to this he was vice president, body and assembly operations, at Ford Motor Co. in Detroit, MI, 1978 - 1980. From 1977 to 1979, Mr. Runyon was vice president, powertrain and chassis operations, at Ford Motor Co. He has been vice president, body and assembly operations, 1973 - 1977; general manager, automotive assembly division, 1972 - 1973; assembly engineering manager, automotive assembly division, 1970 - 1972; and regional operations manager, 1969 - 1970. Mr. Runyon began his career at Ford Motor Co. in 1943.

Mr. Runyon graduated from Texas A&M University (B.S., 1948). He served in the United States Air Force, 1943 - 1945. Mr. Runyon was born September 16, 1924, in Fort Worth, TX. He has four children and resides in Nashville, TN.