Southern Company Gas announces election of two new board members

Rhea-AI Summary

Southern Company Gas has elected two new board members effective Jan. 1, 2025: Stephen Edwards, CEO of Virginia Port Authority, and A. Benjamin Spencer, dean of William & Mary Law School. Edwards, who has led the Virginia Port Authority since 2021, oversees operations that generate 565,000 jobs and $63 billion in annual GDP for Virginia. He brings extensive port management experience from previous executive roles at TraPac, GCT Global Container Terminals, and Ports America.

Spencer, serving as dean since 2020, manages a $40-million budget and $102-million endowment at William & Mary Law School. As a Marshall Scholar and Army Reserve JAG Corps officer, he brings legal expertise and academic leadership experience. Both appointments aim to strengthen Southern Company Gas's position as an energy provider serving 4.4 million customers, with particular focus on enhancing service in Virginia.

Positive

• Board strengthened with expertise in infrastructure management and legal affairs
• Strategic focus on Virginia market enhancement, where the company operates Virginia Natural Gas
• Addition of leaders with proven track records in managing large-scale operations and budgets

Negative

• None.

News Market Reaction – SO

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ATLANTA, Jan. 8, 2025 /PRNewswire/ -- Southern Company Gas today announced its board of directors has elected Stephen Edwards, chief executive officer and executive director of the Virginia Port Authority, and A. Benjamin Spencer, dean of the William & Mary Law School, to join the company's board, effective Jan. 1, 2025.

"We are honored to have Stephen and Ben join our board of directors," said Southern Company Gas Chairman, President and Chief Executive Officer James Y. (Jim) Kerr II. "With their experience and proven leadership, I am confident they will help us continue to strategically position Southern Company Gas as a premier energy provider with a shared commitment to best-in-class service and value for the 4.4 million customers we are privileged to serve. And with strong ties to Virginia, their service on our board will further strengthen our ability to continue enriching the lives of Virginia Natural Gas customers and communities across the Commonwealth."

Since 2021, Edwards has been CEO and executive director for the Virginia Port Authority, a driver of more than 565,000 jobs and $63 billion in gross domestic product for the State of Virginia on an annual basis. Under his leadership, the Port of Virginia has seen significant growth in cargo volume and revenue, implemented advanced technological solutions and fostered strong public-private partnerships to drive the port's development, making it a critical hub for international trade.

Previously, Edwards served in chief executive roles for TraPac, a leading container terminal operator in the ports of Los Angeles and Oakland; GCT Global Container Terminals, the largest majority Canadian-owned terminal operator; and Ports America, a diversified ports operator and supply chain logistics provider with operations in more than 30 ports across the U.S.

Edwards is active in the community and currently serves on the boards of the Virginia Economic Development Partnership, Team Virginia and TT Club, a market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. He earned a Bachelor of Science degree in transport management from Aston University.

An award-winning legal educator and Marshall Scholar, and dean of the William & Mary Law School since 2020, Spencer is responsible for providing academic and executive leadership for the school, with a $40-million budget and $102-million endowment. In this role, Spencer is accountable for generating and raising sufficient capital to fund the enterprise, recruiting and retaining talented students, faculty and staff, ensuring functional operations and customer satisfaction, and fostering successful outcomes—employment and licensure—for the school's graduates. 

Spencer has served on the governing boards of the Association of Marshall Scholars, the Virginia State Bar, Piedmont Court Appointed Special Advocates and the Girl Scouts Commonwealth Council. He is currently a member of the West Academic Law School Advisory Board and British Ambassador's Advisory Council, and he serves as chair of the Marshall Scholarship Selection Committee for the Washington, D.C., region. In addition, Spencer serves as an officer in the U.S. Army Reserve Judge Advocate General's Corps. 

Spencer is a graduate of Morehouse College, where he earned a Bachelor of Arts degree in political science, and was valedictorian of his class. He earned a Master of Science degree from the London School of Economics while studying as a Marshall Scholar, and his Juris Doctorate from Harvard Law School.

About Southern Company Gas
About Southern Company Gas Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America's premier energy company. Southern Company Gas serves approximately 4.4 million natural gas utility customers through its regulated distribution companies in Georgia, Illinois, Tennessee and Virginia, and more than 600,000 retail customers through its companies that market natural gas. Other nonutility businesses include investments in interstate pipelines, asset management for natural gas wholesale customers and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.

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SOURCE Southern Company

FAQ

Who are the new board members appointed to Southern Company Gas (SO) in 2025?

Stephen Edwards, CEO of Virginia Port Authority, and A. Benjamin Spencer, dean of William & Mary Law School, were elected to Southern Company Gas's board effective January 1, 2025.

What experience does Stephen Edwards bring to Southern Company Gas (SO) board?

Edwards brings extensive port management experience as CEO of Virginia Port Authority, where he oversees operations generating 565,000 jobs and $63 billion in annual GDP. He has previous executive experience at TraPac, GCT Global Container Terminals, and Ports America.

What credentials does A. Benjamin Spencer bring to Southern Company Gas (SO) board?

Spencer is dean of William & Mary Law School, managing a $40-million budget and $102-million endowment. He is a Marshall Scholar, Army Reserve JAG Corps officer, and Morehouse College valedictorian with degrees from Harvard Law School and London School of Economics.

How many customers does Southern Company Gas (SO) currently serve?

Southern Company Gas serves 4.4 million customers according to the announcement.