Scana CEO to Retire Amid Probes of Abandoned Nuclear Project

  • Chief Operating Officer Addison to replace Marsh Jan. 1
  • Departure follows call for his resignation by state official
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Scana Corp. Chief Executive Officer Kevin Marsh, who oversaw the company’s failed nuclear-power expansion, will retire and be replaced by Chief Operating Officer Jimmy Addison effective Jan. 1.

The South Carolina-based utility, which is under state and federal investigations related to its V.C. Summer nuclear plant, announced the changes in a statementBloomberg Terminal Tuesday, a day after a key state lawmaker called on Marsh to resign.