James O. Etheredge
On February 11, 2025, the Board of Directors of The Southern Company (the “Company”) elected a new director, Mr. James O. (Jimmy) Etheredge, effective as of April 1, 2025.
Highest-materiality recent filing
All 12 directors elected with >96% support; advisory say-on-pay approved with 95.24% support.
Southern Company issues $1.3B of 6.00% junior subordinated notes due 2058
Issued $1.3B aggregate principal of Series 2026A 6.00% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due April 1, 2058.
Southern Company assigns Director Turner to Finance and Operations committees
John M. Turner, Jr. appointed to Finance Committee effective February 16, 2026.
Southern Company closes $2B corporate unit offering with 7.125% annual distribution
Issued 40M corporate units (after full over-allotment) at $50 per unit for total proceeds of $2.0B.
Southern Co adjusts conversion rate for Series 2023A 3.875% notes to 11.9035 shares per $1,000
Conversion rate adjusted to 11.9035 shares per $1,000 principal effective September 15, 2025.
Southern Company elects John M. Turner as director, appoints Matthew M. Kim as Comptroller
John M. Turner, Jr. elected to board effective Sept 1, 2025; he is CEO of Regions Financial since 2018.
Southern Company discloses CFO Poroch's compensation: $775K base, 85% bonus, 260% equity target
David P. Poroch appointed EVP and CFO effective July 31, 2025; compensation approved July 16, 2025.
Southern Company names David P. Poroch as CFO, succeeding retiring Daniel S. Tucker
David P. Poroch appointed EVP and CFO effective July 31, 2025; currently Comptroller.
Southern Company assigns Jimmy Etheredge to three board committees
James O. Etheredge appointed to Audit, Compensation and Talent Development, and Finance Committees.
All 13 director nominees elected with over 94% of votes cast; highest support 99.24% (Svinicki).
Southern Company issues $1.65B of 3.25% Convertible Senior Notes due 2028
Issued $1.65B of 3.25% Convertible Senior Notes due June 15, 2028; includes $200M over-allotment.
Southern Company prices $1.45B 3.25% convertible notes due 2028; upsized by $200M
$1.45B aggregate principal of 3.25% Convertible Senior Notes due June 15, 2028, upsized $200M from prior announcement.
Southern Company offers $1.25B in convertible senior notes due 2028
Offering of $1.25B in convertible notes due June 15, 2028; underwriters may purchase additional $200M.
Southern Company issues $1.8B of 6.375% junior subordinated notes due 2055
Issued $1.8B aggregate principal of Series 2025B 6.375% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due March 15, 2055.
Southern Company elects James O. Etheredge to board effective April 1, 2025
Mr. Etheredge retired as CEO - North America of Accenture plc in August 2023 and served as advisor until June 2024.
Southern Company sets Connally as EVP/COO compensation: $870K salary, 90% bonus, 265% equity
Stanley W. Connally, Jr. appointed EVP & COO effective Jan 1, 2025.
Southern Company issues $565M of 6.50% Junior Subordinated Notes due 2085
Total principal amount $565M, including $65M underwriters' option exercised.
Southern Company appoints Stanley Connally as EVP and COO effective Jan 1, 2025
Stanley W. Connally, Jr., 55, will become Executive Vice President and COO on Jan 1, 2025.
Southern Company issues $750M of 4.85% Senior Notes due 2035
Issued $750M aggregate principal of Series 2024B 4.85% Senior Notes due March 15, 2035.
All 13 director nominees elected with between 95.24% and 99.48% of votes cast.
Southern Nuclear CEO Stephen Kuczynski to retire effective June 28, 2024
Stephen E. Kuczynski, Chairman & CEO of Southern Nuclear, notified retirement effective June 28, 2024.
Southern issues $1.5B of 4.50% convertible notes due 2027 at ~$92.45 conversion price
Issued $1.5 billion of 4.50% Convertible Senior Notes due June 15, 2027, including $200M overallotment.
Southern Company prices $1.3B 4.50% convertible notes due 2027, upsized by $200M
Total $1.3B aggregate principal of Series 2024A 4.50% Convertible Senior Notes due June 15, 2027.
Southern Company announces proposed $1.1B convertible senior notes offering
Proposed offering of $1.1B aggregate principal amount of convertible senior notes to QIBs under Rule 144A.
Southern Company registers up to 50M share ATM equity offering
Enters equity distribution agreement to sell up to 50M shares of common stock at market prices.
Southern Company issues $800M in senior note taps: $400M 5.50% due 2029, $400M 5.70% due 2034
Issued additional $400M Series 2023D 5.50% Senior Notes due March 15, 2029.
On February 11, 2025, the Board of Directors of The Southern Company (the “Company”) elected a new director, Mr. James O. (Jimmy) Etheredge, effective as of April 1, 2025.
appointment of Stanley W. Connally, Jr. as Executive Vice President and Chief Operating Officer of the Company, effective January 1, 2025.
On May 7, 2024, Stephen E. Kuczynski, Chairman and Chief Executive Officer of Southern Nuclear Operating Company, Inc. (“Southern Nuclear”) and a named executive officer of The Southern Company, notified Southern Nuclear of his retirement, effective June 28, 2024.
Max materiality 0.75 · Median 0.53 · Most common event debt