Mississippi Power President Pedro Cherry elected chairman and CEO during company's centennial year
Rhea-AI Summary
Mississippi Power, a subsidiary of Southern Company (NYSE: SO), has announced the election of Pedro Cherry as chairman and CEO, succeeding Anthony Wilson who retired after over 40 years of service. Cherry, who became the company's 14th president in March during its centennial year, brings 30 years of energy industry experience, including 25 years within the Southern Company system.
Prior to this role, Cherry served as president and CEO of Atlanta Gas Light and Chattanooga Gas, overseeing operations serving 1.8 million customers across two states. His appointment comes at a time of significant growth and development in Southeast Mississippi, where he has been actively engaging with community organizations, customers, and employees.
Positive
- Appointment of experienced leader with 30 years of industry expertise
- Seamless leadership transition during company's centennial year
- Strong background managing large customer base of 1.8 million across two states
Negative
- None.
News Market Reaction
On the day this news was published, SO gained 1.06%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Cherry was named president of Mississippi Power in March, becoming the company's 14th president in its 100-year history. Cherry started this role following Anthony Wilson's retirement announcement. Wilson completed his time as chairman and CEO this week after more than 40 years of service to Mississippi Power and Southern Company.
"It's been an honor working alongside Anthony over the last few months during this leadership transition," said Cherry. "He has certainly made a lasting impact on our state, and I look forward to continuing Mississippi Power's legacy of safety, reliability and service to our communities."
Cherry has worked in the energy industry for 30 years with nearly 25 years spent as a part of the Southern Company system. Prior to joining Mississippi Power, he served as president and CEO of both Atlanta Gas Light and Chattanooga Gas, two southern region natural gas utilities that serve approximately 1.8 million customers in two states.
Cherry, an active community leader, has prioritized meeting with community organizations, customers and employees to learn and support customer needs in
"It's obvious that the future is bright for
Learn more about Cherry's career history here.
About Mississippi Power
Now in its 100th year of service, Mississippi Power, a subsidiary of Southern Company (NYSE: SO), produces safe, reliable and affordable energy for more than 192,000 customers in 23 southeast
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SOURCE Mississippi Power
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