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President Obama Nominates ’75 Alumnus to TVA Board of Directors
In a recent press release from The White House Office of the Press Secretary, President Barack Obama nominated Joe H. Ritch, a 1975 graduate of Cumberland School of Law and a shareholder in the Huntsville, Ala., law office of Sirote & Permutt PC, to be a member of the Board of Directors of the Tennessee Valley Authority (TVA). TVA is a corporation owned by the U.S. government and it provides electricity to 9 million people in portions of seven southeastern states. If confirmed to this post, Ritch will become the second Alabamian in its 79 years of existence to serve on the board. The term Ritch has been nominated for will expire on May 18, 2016.
In addition to Ritch’s TVA nomination, three others were nominated for three more TVA expiring board seats.
Senator Bob Corker of Tennessee said, “TVA, an $11 billion a year entity, is one of the largest utilities in the nation, and I believe it is critical that it have an appropriate number of directors with strong corporate board experience. I look forward to meeting these four nominees to learn more about their backgrounds and what qualifies them to serve in these important roles.”
Ritch’s biography states he is “well-known throughout the region for his high profile work with the North Alabama Base Realignment and Closing Commission and its efforts on behalf of Redstone Arsenal, [he] has an equally active career as an attorney in Sirote's Huntsville office, where he co-chairs the Government Contracting practice.” In addition, Ritch’s legal concentrations include administrative law, business and corporate law, government & defense contracting, governmental/public policy, municipal financing, and securities law. Ritch also obtained a master of laws in taxation from New York University and a bachelor of arts from the University of Alabama in Huntsville.