Executive Management Changes Announced at Southern Company
ATLANTA, Jan. 4, 2013
ATLANTA, Jan. 4, 2013 /PRNewswire/ --Southern Company Chief Financial Officer
Art P. Beattie today announced several changes within the company's financial
management team, effective March 31.
(Photo: http://photos.prnewswire.com/prnh/20130104/CL36981 )
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Ann P. Daiss will become chief accounting officer and comptroller of Southern
Company, as well as senior vice president and comptroller of Southern Company
Services. Daiss is currently vice president, comptroller and chief accounting
officer for Georgia Power.
Daiss will replace W. Ron Hinson, who will become executive vice president,
chief financial officer, treasurer and comptroller of Georgia Power, the
largest subsidiary of Southern Company, serving 2.4 million customers in all
but four of Georgia's 159 counties.Hinson will assume the role vacated by
Ronnie R. Labrato, who has announced plans to retire.
"Southern Company's long-term success is a direct result of our commitment to
identifying and developing leaders," said Beattie. "Ann and Ron have
consistently demonstrated effective leadership, and I am confident they will
continue to excel in their new roles."
Daiss, 45, joined Southern Company Services in 1998 as director of accounting.
In her current role, which she assumed in 2006, Daiss is directly responsible
for all internal and external accounting and reporting, as well as Georgia
Power's rate case regulatory strategy. Her previous job duties included
responsibility for the consolidated financial reporting and Securities and
Exchange Commission reporting for Southern Company and its registrant utility
subsidiaries. Prior to joining Southern Company, Daiss was a senior audit
manager for Arthur Andersen's Atlanta office, where she served clients in the
utility, airline and investment management industries.
Hinson, 56, joined Georgia Power in 1979 as an accounting associate. During
his 27 years with Georgia Power, Hinson held numerous positions in the
corporate accounting organization, including serving as vice president and
comptroller, and was an active participant in state regulatory activities. He
was elected to his current position with Southern Company in 2006.
With 4.4 million customers and more than 43,000 megawatts of generating
capacity, Atlanta-based Southern Company (NYSE: SO) is the premier energy
company serving the Southeast through its subsidiaries. A leading U.S.
producer of clean, safe, reliable and affordable electricity, Southern Company
owns electric utilities in four states and a growing competitive generation
company, as well as fiber optics and wireless communications. Southern Company
brands are known for energy innovation, excellent customer service, high
reliability and retail electric prices that are below the national average.
Southern Company and its subsidiaries are leading the nation's nuclear
renaissance through the construction of the first new nuclear units to be
built in a generation of Americans and are demonstrating their commitment to
energy innovation through the development of a state-of-the-art coal
gasification plant. Southern Company has been recognized by the U.S.
Department of Defense and G.I. Jobs magazine as a top military employer and
listed by DiversityInc as a top company for Blacks. The company received the
2012 Edison Award from the Edison Electric Institute for its leadership in new
nuclear development, was named Platts' 2011 Power Company of the Year and is
continually ranked among the top utilities in Fortune's annual World's Most
Admired Electric and Gas Utility rankings. Visit our website at
SOURCE Southern Company
Contact: Southern Company Media Relations, +1-404-506-5333, or +1-866-506-5333
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