Energy Analyst - Energy Analyst Southern Company Employee Review

Poor management decisions regarding plant Kemper, Plant Vogel and the integration of AGL Resources has put a financial strain on the company. Southernco's divestiture of units to cover short term losses shows a patterned behavior of leadership being unable to make the right business decisions and their lack of accountability. The primary goal of Tom Fanning's tenure is to keep dividends high regardless of company performance at the expense of long term value. These dividends allow him to explore often unprofitable and unwise business decisions without pushback from the board.