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Former Miss. Power CEO Topazi retiring from Southern Company

Southern Co.’s latest 8k filing with the Securities and Exchange Commission contains news about former Mississippi Power Co. CEO Anthony Topazi.

Topazi, according to documents filed May 25, will retire as Southern Co.’s  executive vice president and COO effective Aug. 1.

Topazi left Mississippi Power in 2010 for its parent company. He was CEO when MPC gained PSC approval for the Kemper County coal plant. The plant is scheduled for completion in 2014, assuming the Sierra Club’s latest legal challenges are unsuccessful.

Southern Co. documents spell out a consulting agreement the company reached with Topazi. After his Aug. 1 retirement, Topazi will earn $1.7 million for consulting services rendered between then and Dec. 31, 2013, when the agreement expires.

To view the six-page filing click here.

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