Search begins for new Alabama Power CEO

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Alabama Power Company President, Chairman and CEO Mark Crosswhite announced his planned retirement from the company this week, effective Dec. 31, with no clear successor named to take over one of Alabama’s largest corporations.

Crosswhite’s plan to retire was first disclosed in a Nov. 17 filing with the Securities and Exchange Commission by Alabama Power’s parent group, Southern Company and confirmed by Alabama Power on Monday.

Alabama Power spokesperson Alyson Tucker said via email that the Alabama Power Board of Directors will select the company’s new chief executive. “The Alabama Power Board of Directors has the authority to elect officers, including the CEO of the company,” Tucker said. “The board has discretion in identifying and vetting potential candidates and will engage in a thoughtful selection process.consists of business leaders from across the state. According to the company web site, the members are:Mark Crosswhite, Chairman, President and CEO, Alabama Power CompanyO.B. Grayson Hall, Jr.

“The board is a highly experienced group of leaders, representing diverse backgrounds and experiences, and they will be working closely to identify a great leader for the company, for the benefit of Alabama Power customers and the state,” Tucker said. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

 

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