secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN CO (SO)
CIK:        0000092122
Form:       8-K/A
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0000092122-23-000054
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Southern Co amends CEO succession filing; Womack gets $1.45M base, Fanning salary cut 20%
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- Christopher C. Womack's base salary set at $1,450,000; annual incentive target 130% of base.
- Long-term equity incentive target for Womack is 665% of base salary; 2023 prorated.
- Thomas A. Fanning's base salary reduced by 20% effective May 24, 2023, post-retirement.
- Fanning remains eligible for annual and long-term equity incentives granted in Feb 2023.
- CEO transition effective after the 2023 Annual Meeting of Stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/92122/000009212223000054/0000092122-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92122/000009212223000054/so-20230104.htm
  HTML page:      https://secwatch.observer/filing/0000092122-23-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer