Clay Bright Tapped As Memphis Regional Megasite CEO

Tennessee Gov. Bill Lee has appointed Clay Bright to serve as CEO of the Memphis Regional Megasite industrial complex. The site will soon be home to a Ford Motor Co. electric vehicle and battery plant. Bright currently serves as the commissioner of the Tennessee Department of Transportation. He is slated to earn $175,000 a year in his new position, which involves working with a newly formed board of directors known as the Megasite Authority to oversee the buildout of the site. Last month, Ford and South Korean battery maker SK Innovation revealed plans for a $5.6 billion campus to build electric F-Series pickup trucks at the megasite.