Tag Archives: pay

Highest paid public employee in Georgia?

Come on, guess! You’re right: it’s a football coach. UGA football coaching staff get even more compensation than Paul Bowers, CEO of Georgia Power, or Thomas A. Fanning, CEO of the Southern Company, let alone any insignificant college president or elected official.

If I’m reading the ESPN database right, UGA coaches get around $14 million a year, while Georgia Power CEO Paul Bowers gets only Continue reading

Southern Company CEO got 62% raise in 2011

What did Southern Company (SO) do to justify a 62% raise for its CEO last year? Could it be lots of special financing for the proposed new nukes at Plant Vogtle on the Savannah River?

Bill Murphy wrote for citybizlist Atlanta 16 April 2012, The Southern Company CEO Thomas Fanning Got 62% Raise in 2011 – cbl

The Southern Company (NYSE: SO) Chairman, President and CEO Thomas Fanning got a 62 percent jump to $9.75 million last year, according to an SEC filing. He got $6.02 million in 2010.

Fanning, who has led the Atlanta-based energy company since December 2010, received a base annual salary of $1.06 million, shares worth $2.25 million, stock options worth $1.50 million, $2.46 million in non-equity incentive and $2.42 million representing a change in pension value and nonqualified deferred compensation.