Southern Co. Announces Board Changes and Executive Compensation Details
Ticker: SOJF · Form: 8-K · Filed: May 13, 2024 · CIK: 92122
| Field | Detail |
|---|---|
| Company | Southern Co (SOJF) |
| Form Type | 8-K |
| Filed Date | May 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $5 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: SO
TL;DR
Southern Co. board shakeup and exec pay details filed.
AI Summary
On May 7, 2024, The Southern Company announced changes in its board of directors and executive compensation. Specifically, it reported the departure of Director James H. Blanchard and the election of Director Elizabeth A. Smith. The filing also detailed compensatory arrangements for certain officers, though specific dollar amounts were not provided in this section.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance matters like board appointments and compensation disclosures, which typically carry low inherent risk.
Key Players & Entities
- The Southern Company (company) — Registrant
- James H. Blanchard (person) — Departing Director
- Elizabeth A. Smith (person) — Elected Director
- May 7, 2024 (date) — Date of earliest event reported
FAQ
Who has been elected to The Southern Company's board of directors?
Elizabeth A. Smith has been elected to the board of directors.
Who has departed from The Southern Company's board of directors?
James H. Blanchard has departed from the board of directors.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is May 7, 2024.
What is the Commission File Number for The Southern Company's 8-K filing?
The Commission File Number is 1-3526.
What type of corporation is The Southern Company?
The Southern Company is a Delaware Corporation.
Filing Stats: 467 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-05-13 08:33:14
Key Financial Figures
- $5 — outhern Company Common Stock, par value $5 per share SO New York Stock Exchange T
Filing Documents
- so-20240507.htm (8-K) — 32KB
- 0000092122-24-000062.txt ( ) — 214KB
- so-20240507.xsd (EX-101.SCH) — 4KB
- so-20240507_def.xml (EX-101.DEF) — 17KB
- so-20240507_lab.xml (EX-101.LAB) — 32KB
- so-20240507_pre.xml (EX-101.PRE) — 18KB
- so-20240507_htm.xml (XML) — 6KB
From the Filing
so-20240507 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) May 7, 2024 Commission File Number Registrant, Address and Telephone Number I.R.S. Employer Identification No. 1-3526 The Southern Company 58-0690070 (A Delaware Corporation) 30 Ivan Allen Jr. Boulevard, N.W . Atlanta , Georgia 30308 ( 404 ) 506-5000 The name and address of the registrant have not changed since the last report. Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Registrant Title of each class Trading Symbol(s) Name of each exchange on which registered The Southern Company Common Stock, par value $5 per share SO New York Stock Exchange The Southern Company Series 2017B 5.25% Junior Subordinated Notes due 2077 SOJC New York Stock Exchange The Southern Company Series 2020A 4.95% Junior Subordinated Notes due 2080 SOJD New York Stock Exchange The Southern Company Series 2020C 4.20% Junior Subordinated Notes due 2060 SOJE New York Stock Exchange The Southern Company Series 2021B 1.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2081 SO 81 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 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. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 13, 2024 THE SOUTHERN COMPANY By /s/Melissa K. Caen Melissa K. Caen Assistant Secretary 2