Alabama Power CEO Mark Crosswhite to retire Dec 31, 2022; consulting deal for $125K

SOUTHERN CO

Mark Crosswhite, Chairman/President/CEO of Alabama Power and Southern Company NEO, notified retirement effective Dec 31, 2022.
Crosswhite will serve as consultant to Alabama Power from Dec 31, 2022 to June 30, 2023.
Southern Company Services will pay Crosswhite $125,000 in cash for consulting services.

item 5.02

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Departed

Mark Crosswhite

Chairman, President, and Chief Executive Officer of Alabama Power Company and named executive officer of The Southern Company

SO · SOUTHERN CO

Effective: 2022-12-31
Filed: November 21, 2022, 6:59 PM ET

On November 17, 2022, Mark Crosswhite, Chairman, President, and Chief Executive Officer of Alabama Power Company (“Alabama Power”) and a named executive officer of The Southern Company (“Southern Company”), notified Alabama Power of his intention to retire.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Crosswhite departed as Chairman, President, and Chief Executive Officer of Alabama Power Company and named executive officer of The Southern Company at SOUTHERN CO.

Action: retire
Role: Chairman, President, and Chief Executive Officer of Alabama Power Company and named executive officer of The Southern Company

Exact text from the filing

On November 17, 2022, Mark Crosswhite, Chairman, President, and Chief Executive Officer of Alabama Power Company (“Alabama Power”) and a named executive officer of The Southern Company (“Southern Company”), notified Alabama Power of his intention to retire.

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Source: SEC EDGAR

accession 0000092122-22-000069

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