July 12, 2014 6:28 PM ET

Electric Utilities

Company Overview of Southern Company Services, Inc.

Company Overview

Southern Company Services, Inc. operates as a utility company that provides electric service in the southeastern United States. The company was founded in 1949 and is based in Atlanta, Georgia. Southern Company Services, Inc. operates as a subsidiary of Southern Company.

30 Ivan Allen Jr. Boulevard N.W.

Atlanta, GA 30308

United States

Founded in 1949

Phone:

404-506-5000

Key Executives for Southern Company Services, Inc.

Chief Executive Officer and President
Age: 59
Vice President of Finance and Assistant Treasurer
Age: 44
Chairman of Southern Company
Age: 57
Chief Information Security Officer and Vice President
Age: 46
Executive Vice President
Age: 63
Compensation as of Fiscal Year 2014.

Southern Company Services, Inc. Key Developments

Southern Company Names Dr. Larry S. Monroe as Chief Environmental Officer and Research and Environmental Affairs Senior Vice President of Southern Company Services, Inc

Southern Company announced that Dr. Larry S. Monroe has been named chief environmental officer and research and environmental affairs senior vice president of Southern Company Services, Inc., effective March 1. Monroe will succeed Christopher M. Hobson, who has announced plans to retire, effective June 27. During the transition, Hobson will continue to oversee environmental external affairs and fulfill his leadership responsibilities with the Electric Power Research Institute and the Coal Utilization Research Council. Monroe currently serves as environmental affairs general manager of subsidiary Georgia Power. In his new role, Monroe will be responsible for the Southern Company system's environmental initiatives, including the assessment of federal environmental policy, compliance strategies and stewardship, and the research and development of new energy innovations.

Southern Company Services Announces Management Changes

Southern Company Chairman, President and CEO Thomas A. Fanning announced a number of changes within the company's executive management. Kimberly S. Greene, president and chief executive officer of Southern Company Services, will become executive vice president and chief operating officer of Southern Company. She will be responsible for the Southern Company system's operations, which includes generation, transmission, engineering and construction services, system planning and research and environmental affairs, as well as wholesale energy providers Southern Power and Southern Wholesale Energy. Greene will succeed Mark A. Crosswhite, who will become president and chief executive officer of subsidiary Alabama Power. Crosswhite will assume the role vacated by Charles D. McCrary, who has announced plans to retire. Mark S. Lantrip, currently treasurer of Southern Company and executive vice president of finance and treasurer of Southern Company Services, will replace Greene as president and chief executive officer of Southern Company Services. In his new role, Lantrip will be responsible for overseeing the company's information technology, human resources, supply chain management and marketing and program management, as well as SouthernLINC Wireless. Southern Company Services Vice President of Finance and Assistant Treasurer Xia Liu will become treasurer of Southern Company and senior vice president of finance and treasurer of Southern Company Services. In addition to her current oversight of the treasury, financial analysis and strategic development functions, she will assume responsibility for enterprise risk management, insurance, trust finance and corporate planning and budgeting. The new roles will take effect March 1, with McCrary serving as chairman of the Alabama Power board of directors until May 1, when Crosswhite is expected to assume the role. Greene, 47, returned to Southern Company in 2013 from TVA, where she was executive vice president and chief generation officer. Previously, Greene served as TVA's chief financial officer, executive vice president of financial services and chief risk officer. She was also group president for strategy and external relations at TVA. Crosswhite, 51, joined Southern Company in 2004 as senior vice president and general counsel for Southern Company's generation organization. He previously served as president and CEO of subsidiary Gulf Power and held leadership positions at Alabama Power in the legal and external affairs organizations. Prior to joining Southern Company, he was a partner in the law firm of Balch & Bingham LLP in Birmingham, Ala., where he practiced in the energy section for 17 years. Lantrip, 59, joined Southern Company in 1981 as an analyst in the corporate planning department of Gulf Power. He has since worked in a wide variety of positions of increasing responsibility in financial planning and system planning departments across Southern Company and its subsidiaries, including Southern Company Services and Georgia Power. His leadership roles have included oversight of treasury, financial planning and analysis and risk management. Liu, 44, began her career with Southern Company's finance organization in 1998. She has since held a number of positions of increasing responsibility in Southern Company corporate finance and treasury, generation fuel services and Alabama Power regulatory and financial planning.

Mitsubishi Heavy Industries Ltd. and Southern Company Services, Inc. to Complete Initial Demonstration Phase

A demonstration test for capturing and sequestering carbon dioxide recovered from emissions from a coal-fired power generation plant, conducted jointly by Mitsubishi Heavy Industries Ltd. and Southern Company Services, Inc. has completed an initial demonstration phase. This success brings into view the feasibility of a large-scale capture system for CO2 recovered from coal-fired power plants, which typically emit flue gas containing significant quantities of impurities. Based on this success, MHI will now accelerate its program seeking to achieve commercially viable technology for recovering CO2 from the flue gas of coal-fired plants. The demonstration test is an integral part of a project focused on achieving recovery of CO2 from coal-fired power plant emissions on a globally unprecedented scale of 500 metric tons per day (mtpd). To conduct the test, a demonstration plant for separating and recovering CO2 was constructed on the premises of an SCS affiliate's coal-fired power plant in Alabama.

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