David M. Ratcliffe served as the Chairman, President, and CEO of Southern Company from 2004 until his retirement in 2010. He played a crucial role in leading one of the largest utility companies in the U.S., which provides power to...

Current Market Cap

$96.54B

Number of Employees

28.1K

Total Compensation

2006 - 2010

Trending up by 40.13% last year
Showing total compensation for the last 2006 - 2010

Stock

Up by 0.00% last year

Salary

Down by -8.13% last year

Bonus

Down by -100.00% last year

Other

Up by 26.63% last year

Year

2010

Total Compensation

$4.26M

Salary

$1.08M

Board Justification

The compensation program is designed to be competitive with industry peers, align with company performance, and promote retention of key executives.

Bonus

$0.00

Board Justification

No bonus was awarded for 2010.

Other

$97.28K

Board Justification

Includes perquisites, tax reimbursements, and contributions to the Southern Company Employee Savings Plan.

Restricted Stock

$3.09M(3.09M performance shares)

Board Justification

The value of performance shares granted in 2010, based on the probable outcome of performance conditions as of the grant date, using a Monte Carlo simulation model.

Performance Metrics

Performance metrics include operational performance, business unit financial performance, and company earnings per share.

SEC Filing

From April 13, 2011