Pedro Cherry named president of Mississippi Power; Anthony Wilson to remain chairman and CEO until summer
Rhea-AI Summary
Mississippi Power, a subsidiary of Southern Company (NYSE: SO), announced the appointment of Pedro Cherry as its new president, while Anthony Wilson will continue as chairman and CEO until summer. Cherry brings 30 years of energy industry experience, including 25 years within the Southern Company system.
Cherry previously served as president and CEO of Atlanta Gas Light and Chattanooga Gas, overseeing approximately 1.8 million customers. His prior role as executive vice president of Customer Service and Operations at Georgia Power involved leading 5,000+ employees and managing electric systems serving 2.6 million customers.
The announcement comes during Mississippi Power's centennial year, with the company currently serving more than 192,000 customers across 23 southeast Mississippi counties. The company was recognized in 2024 by the Southeastern Electric Exchange for Top Safety Performance in its generation category.
Positive
- Experienced leadership appointment with 30 years industry expertise
- Strong operational background managing 2.6M customers at Georgia Power
- Recognition for top safety performance in 2024
Negative
- None.
News Market Reaction – SO
In the trading session that priced this news, SO declined 1.38%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Cherry has worked in the energy industry for 30 years and been a part of the Southern Company system for nearly 25 years. He previously 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.
"I am excited to join Mississippi Power during the company's centennial year and during a period of unprecedented growth," Cherry said. "Mississippi Power is known throughout the industry for its unparalleled commitment to safety and reliably providing its customers with excellent service, so I'm very honored to have this opportunity."
Prior to his roles at Atlanta Gas Light and Chattanooga Gas, Cherry was the executive vice president of Customer Service and Operations (CSO) at Georgia Power. He led a team of 5,000-plus employees in the CSO organization and oversaw the company's customer service efforts, power delivery, sales, pricing and planning, regional external affairs, renewable development and corporate services. Cherry was responsible for operating and maintaining Georgia Power's electric system serving 2.6 million customers.
"Pedro is a tremendous leader with a broad base of knowledge and experience across Southern Company," Wilson said. "He shares our values and the things that are important to us, so I know he will be a perfect fit for our company, our communities and our state through this leadership transition."
In other roles at Georgia Power, Cherry served as senior vice president of the Metro Atlanta Region with responsibility for the company's operations, sales, customer service, economic and community development, and external affairs for 1.2 million customers across metro
He is an active community leader, serving on numerous boards in the
Cherry earned a bachelor's degree in industrial engineering and an MBA in operations management and finance from
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