Welcome to our dedicated page for Southern news (Ticker: SO), a resource for investors and traders seeking the latest updates and insights on Southern stock.
The Southern Company reports news about an energy provider serving 9 million customers through electric operating companies in three states, natural gas distribution companies in four states, Southern Power, PowerSecure, fiber optics and telecommunications services. Recurring updates cover earnings, dividend actions and operating developments across Alabama Power, Georgia Power, Mississippi Power, Southern Power and Southern Company Gas.
Company news also includes Georgia Power matters before the Georgia Public Service Commission, including resource planning, capacity procurement, solar resources, transmission and distribution upgrades, grid reliability programs, storm readiness and customer safety communications. PowerSecure updates focus on distributed energy solutions such as utility-scale battery storage, solar generation, backup power and resiliency projects.
Georgia Power, a subsidiary of Southern Company (NYSE: SO), has announced key leadership changes effective July 31, 2025. Tyler Cook has been appointed as senior vice president, chief financial officer and treasurer of Georgia Power, succeeding Aaron Abramovitz, who will transition to Southern Company as senior vice president of finance and treasurer.
Cook brings nearly 25 years of experience within the Southern Company system and currently serves as senior vice president of finance and enterprise transformation. She previously held the position of vice president of finance and business transformation at Georgia Power, where she oversaw financial planning, analysis, and budgeting functions.
Southern Company (NYSE:SO) announced key leadership changes in its Accounting, Finance, and Treasury organization effective July 31, 2025. Matt Kim, currently senior vice president of finance and treasurer, will become senior vice president, comptroller, and chief accounting officer. Aaron Abramovitz, currently executive vice president, CFO, and treasurer of Georgia Power Company, will take over Kim's role as senior vice president of finance and treasurer.
Kim will oversee accounting policy, external financial reporting, payroll, and accounts payable. Abramovitz will lead treasury and financial planning teams, manage the company's financial plan, and oversee Investor Relations activities in collaboration with incoming CFO David Poroch.
Southern Company (NYSE:SO) has appointed Hans Brown as Executive Vice President & Chief Information Technology Officer (CITO), effective July 31, 2025. Brown, who previously held key leadership positions at BNY, brings extensive experience in technology transformation and digital innovation.
At BNY, Brown managed a team of over 1,200 professionals across 10 international locations and developed a portfolio of over 40 fintech companies. His achievements include modernizing enterprise business platforms and building the Loans Enablement Platform within BNY's Platform Operating Model.
In his new role, Brown will lead Southern Company's technology strategy and digital transformation efforts, focusing on technology integration, data analytics, and AI implementation to enhance customer service and business operations.
Southern Company (NYSE:SO) has announced the appointment of John M. Turner, Jr. as an independent director to its Board of Directors, effective September 1, 2025. Turner, who currently serves as chairman, president and CEO of Regions Financial Corporation, brings over 40 years of financial services experience to the role.
Turner leads Regions Financial, which manages $159 billion in assets and stands as Alabama's second-largest public company. His extensive background includes leadership roles at Whitney National Bank and AmSouth Bank, along with significant involvement in various community and educational organizations.
Southern Company (NYSE:SO) has declared a quarterly dividend of 74 cents per share on its common stock. The dividend will be paid on September 8, 2025, to shareholders of record as of August 18, 2025.
This announcement marks a significant milestone for Southern Company, which has maintained or increased its dividend payments to shareholders for 78 consecutive years, demonstrating a strong track record of consistent shareholder returns.
Georgia Power (NYSE:SO) received approval from the Georgia Public Service Commission for its 2025 Integrated Resource Plan (IRP), designed to meet growing energy demands in Georgia. The plan projects 8,500 megawatts of electrical load growth with approximately 2,600 MW increase in peak demand by 2030.
Key approvals include: 54 MW capacity increase at Vogtle Units 1 & 2, 268 MW additional natural gas capacity at Plant McIntosh, extended operation of coal and gas units through 2034, modernization of hydroelectric facilities, and procurement of up to 4,000 MW of renewable resources by 2035. The plan also includes transmission improvements across 1,000+ miles of lines and new customer-focused programs including solar-plus-storage solutions.
Southern Company (NYSE:SO) announced a significant leadership transition as CFO Daniel S. Tucker plans to retire, with David P. Poroch, currently senior vice president, comptroller and chief accounting officer, set to succeed him effective July 31, 2025.
Tucker, who joined Southern Company in 1998 and became CFO in September 2021, will transition to a senior advisory role until his retirement on October 1, 2025. Both executives will participate in the second quarter earnings call on July 31, 2025.
Poroch, who joined Southern Company in 2012, brings extensive utility sector experience, including previous roles as CFO at both Georgia Power and Southern Company Gas. Prior to joining Southern Company, he was a partner at Deloitte & Touche LLP with nearly two decades of utilities sector experience.
Georgia Power (NYSE:SO), the state's leading electric utility, is promoting its extensive recreational facilities for the summer season. The company manages over 100,000 acres of land, including lakes and campgrounds, making it the largest non-governmental provider of recreation facilities in Georgia.
The company emphasizes safety through its SPLASH guidelines for water safety and provides specific electrical safety recommendations for boat and dock owners. Georgia Power's commitment to preservation is demonstrated through 61,000 employee volunteer hours last year. The company has implemented a reservation system for campsites and pavilions, offering various amenities and payment options for visitors.
Georgia Power, a subsidiary of Southern Company (NYSE: SO), has received approval from the Georgia Public Service Commission (PSC) to freeze base electricity rates for its 2.8 million customers through at least 2028. The approval follows a stipulated agreement reached in May between Georgia Power and PSC Public Interest Advocacy Staff.
The rate freeze plan comes amid Georgia's significant economic growth and increased electricity demand. The company will address costs related to Hurricane Helene restoration and other storm-related expenses through 2025 in a separate regulatory proceeding expected in the first half of 2026.
This development builds on previous regulatory initiatives, including the 2023 IRP Update and revised PSC-approved rules addressing "large load" users. Georgia Power maintains a diverse generation mix including nuclear, coal, natural gas, and renewables to serve customers across 155 of Georgia's 159 counties.
Southern Company (NYSE:SO) announced that its subsidiaries Virginia Natural Gas and Chattanooga Gas have completed new renewable natural gas (RNG) purchases, expanding their clean energy portfolio. The transactions will reduce lifecycle emissions by 18,978 metric tons of CO₂e, equivalent to carbon sequestered by 19,036 acres of U.S. forests annually.
The purchases involve acquiring environmental attributes from RNG facilities in Texas, following their initial RNG purchases in 2023. The initiative is supported by favorable policies in Virginia and Tennessee, including Virginia's Energy Innovation Act and Tennessee's Natural Gas Innovation Act. Additionally, Virginia Natural Gas is collaborating with Hampton Roads Sanitation District to develop a new RNG facility at the Atlantic Treatment Plant.