https://www.facebook.com/1297783899/posts/pfbid031VQQ2eJ6iFJPFY3ZLmAVLPB49JqQA9C2NS97QzE3LaJMQCk5t24xkxrMLZQvk4S7l/ — Donald Watkins: The real problem at the Southern Company lies with the conduct of corporate executives in Atlanta, not the ones in Birmingham. These executives lost sight of the corporate mission of a great company. I am hoping that incoming CEO Chris Womack can extricate the Southern Company from this mess. I have known Chris since 1987 when he was campaigning for Dick Gephardt for president of the United States. Gephardt lost, but Chris won my admiration and respect with his intellect, business acumen, focus, and vision for the future. I consider Chris Womack a friend, not an adversary. I want Chris to be successful in his new job. As CEO Tom Fanning exits the Southern Company at the end of this month, Southern Company board members and shareholders should demand that Chris Womack act in a decisive way to cleanup the company and its affiliates, from top to bottom. No subordinate or external parasite should get in Chris' way. Right now, many of the Southern Company's board members and top corporate executives DO NOT trust each other. Some of them are taping their conversations with each other. No CEO of a major Wall Street corporation can successfully run his/her company under these unbearable circumstances. My job is to spotlight the nature and scope of enterprise-threatening problems for this major publicly traded company. The cleanup function belongs to others.
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Tuesday, March 21, 2023
The real problem at the Southern Company lies with the conduct of corporate executives in Atlanta, not the ones in Birmingham. - I am hoping that incoming CEO Chris Womack can extricate the Southern Company from this mess. - Donald Watkins
Posted by The Meck at 11:59 AM
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