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Southern Company logoSouthern Company SO

Southern Company said on July 21, 2025 its Board of Directors elected John M. Turner, Jr. as a new director, effective September 1, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Southern Company said on July 21, 2025 its Board of Directors elected John M. Turner, Jr. as a new director, effective September 1, 2025.

  2. The company said Turner has served as President of Regions Financial Corporation since December 2017 and as Chief Executive Officer since July 2018, and that committee assignments for him have not yet been determined.

  3. Southern Company said no arrangement or understanding exists between Turner and any other person pursuant to which he was selected as a director, and that he will participate in the company's standard non-employee director cash and equity compensation program.

  4. The company said it appointed Matthew M. Kim as Comptroller, effective July 31, 2025, with a base salary of $425,000 per year, an annual incentive compensation target of 50% of base salary and an annual long-term equity incentive compensation target of 70% of base salary.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

John M. Turner, Jr. Elected as New Director

Southern Company said on July 21, 2025 its Board of Directors elected John M. Turner, Jr. as a new director, effective September 1, 2025.

Source · Based on the filing body and exhibits

Turner's Background and Committee Assignments

The company said Turner has served as President of Regions Financial Corporation since December 2017 and as Chief Executive Officer since July 2018, and that committee assignments for him have not yet been determined.

Source · Based on the filing body and exhibits

Turner's Compensation and Director Selection

Southern Company said no arrangement or understanding exists between Turner and any other person pursuant to which he was selected as a director, and that he will participate in the company's standard non-employee director cash and equity compensation program.

Source · Based on the filing body and exhibits

Matthew M. Kim Appointed as Comptroller with Compensation Terms

The company said it appointed Matthew M. Kim as Comptroller, effective July 31, 2025, with a base salary of $425,000 per year, an annual incentive compensation target of 50% of base salary and an annual long-term equity incentive compensation target of 70% of base salary.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.