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SOUTHERN CO FILES (8-K) Disclosing Change in Directors or Principal Officers(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 20, 2014, the Board of Directors of The Southern Company (the "Company") elected a new director, Mr. Larry D. Thompson, effective December 1, 2014. Mr. Thompson also was named a member of the Audit Committee, effective December 1, 2014. Mr. Thompson is currently the Executive Vice President of Government Affairs, General Counsel and Corporate Secretary of PepsiCo, Inc., a position he has held since July 2012. Mr. Thompson has previously announced that he will retire from PepsiCo, Inc. by year end. Mr. Thompson currently serves as a director of Graham Holdings Company and as a trustee of various Franklin, Templeton and Mutual Series Funds. No arrangement or understanding exists between Mr. Thompson and any other persons pursuant to which he was selected as a director. Mr. Thompson will participate in the Company's standard non-employee director cash and equity compensation program as more fully described in the Company's Proxy Statement as filed with the Securities and Exchange Commission on April 11, 2014. [ Back To TMCnet.com's Homepage ] |