Executive Insight, Generation, Policy & Regulation

Southern Co. Announces Leadership Shift due to CFO Retirement

Beattie

Utility holding giant Southern Co. announced major changes near the top of its corporate ladder Tuesday.

Southern Chairman, President and CEO Thomas Fanning said that the moves, effective June 1, will happen in the wake of Chief Financial Officer Art Beattie’s impending retirement. Southern Gas Co. CEO Andrew Evans will succeed Beattie in the top finance and executive vice president role.

Kimberly Green will take over Evans’ role heading up the gas utility division. And Stan Connally Jr. will assume Greene’s responsibilies as executive vice president of operations for Southern Co., while also continuing his role as chairman, president and CEO of subsidiary Gulf Power.

“At Southern Company we are committed to having the best leadership team in the industry,” Fanning said in a statement. “Today’s announcements show that our leadership development continues to advance the knowledge and experience that serves our customer-focused business model to provide clean, safe, reliable and affordable energy along with premier customer service.” 

Beattie is retiring after a 42-year career with Southern or one of its units. He joined the company in 1976 as a junior accountant, rose through the ranks in Alabama Power and ultimately onto the executive team at parent Southern Co.

“Art has enjoyed a remarkable career at Southern Company and has led us through some incredible moments in our history,” Fanning said. “He rose to the highest ranks of the company due to his sound fiscal discipline, strategic ideas and strong professional drive. We’re happy for him as he enters this new chapter of his life, but we’re equally as sad to say goodbye to someone who’s been an integral part of our company’s growth.”

Evans was named CEO of then-AGL Resources in 2015. He joined the organization in 2002 and has held several positions of leadership including president, chief operating officer and chief financial officer and company treasurer.

Greene began her career at Southern Company in 1991, progressing through various areas of engineering, operations and finance. She has served as COO since 2014, a role she assumed one year after returning to Southern Company as president and CEO of Southern Company Services.

Connally has served as CEO of Gulf Power since 2012. He joined the Southern Company system in 1989 as a co-op student at Georgia Power’s Plant Yates.

Southern Company is a holding company for numerous utilities totaling 46,000 MW of generating capacity and 1,500 billion cubic feet of combined natural gas consumption and throughput volume serving 9 million customers through its subsidiaries. Units include Georgia Power, Alabama Power, Mississippi Power and Gulf Power, among others.