Former DTE Energy Vice Chairman and Chief Administrative Officer David E. Meador and Former Jones Day Partner and Corporate Governance Authority Lizanne Thomas To Join Southern Company Board of Directors
Southern Company announced the election of David E. Meador and Lizanne Thomas as independent directors, effective April 1, 2023. Meador, a former vice chairman of DTE Energy, brings over 40 years of experience in finance, governance, and energy industry challenges. Thomas, a former partner at Jones Day, is an expert in corporate governance and has extensive experience in mergers and acquisitions. Both are expected to enhance the company's strategic direction, governance, and community engagement as Southern Company navigates the evolving energy landscape.
- David Meador's extensive experience in finance and governance is expected to strengthen Southern Company's board.
- Lizanne Thomas' expertise in corporate governance and mergers will provide valuable insights.
- Potential concerns about the continuity and experience gaps due to new board members.
NORTHAMPTON, MA / ACCESSWIRE / March 10, 2023 / The Board of Directors of Southern Company recently announced the election of David E. Meador and Lizanne Thomas as independent directors, effective April 1, 2023. Board committee assignments for Meador and Thomas have not yet been determined.
"Dave is a highly regarded strategic thinker with a decades of knowledge of, and experience in handling, the specific issues facing our industry and our company in this evolving energy landscape," said Southern Company chairman, president and CEO Thomas A. Fanning. "Southern Company will further benefit from his deep financial expertise, well-rounded understanding of corporate culture, and passion for making the communities where he lives and serves economically stronger."
Fanning continued, "Lizanne is an accomplished advisor with a firm understanding of corporate governance. The guidance she will provide via her expertise, as well as the insights and learnings gained through years of work with publicly traded companies across a wide spectrum of industries, will benefit Southern Company."
Meador is the recently retired vice chairman and chief administrative officer of Detroit-based DTE Energy. In this role, he was responsible for information technology, procurement, fleet, facilities, corporate communications, as well as the government, corporate and public affairs, and philanthropic giving areas of the business. With over 40 years of experience in the manufacturing and energy sectors, Meador is a recognized expert in finance and accounting, strategy, governance, ESG, mergers and acquisitions, government and community relations, procurement and information technology.
Meador joined DTE Energy in 1997 as vice president and controller. In addition to controller, Meador served as senior vice president, treasurer and chief financial officer where he focused on improving the company's systems and processes. After Meador took on leadership of DTE Energy's supply chain organization, the company became a leader in supporting local businesses and expanding opportunities for woman- and minority-owned businesses.
Prior to joining DTE Energy, he served in a variety of financial and accounting positions at Chrysler Corp. for 14 years and was an auditor with Coopers & Lybrand.
Meador currently serves on the Board of Directors of Amerisure Mutual Insurance and Energy Insurance Mutual and from 2008 to 2017 served on the board of Landauer, Inc. He has been an active board member of prominent economic development groups at the state, regional and city levels, including the Michigan Economic Development Corp., the Detroit Regional Partnership and the Detroit Economic Growth Corp. In addition to focusing DTE Energy's community outreach on jobs, equity and the environment, he co-chaired Detroit's Workforce Development Board with a goal of to connect 100,000 Detroiters with meaningful jobs.
Thomas is of counsel with the global law firm Jones Day, which she joined in 1982 and served as a partner from 1991 to 2022. In addition to ample experience working on mergers and acquisitions, Thomas served as the head of the firm's corporate governance team. Thomas is experienced in shareholder activism, public and private mergers and acquisitions, and executive compensation and served as Partner-in-Charge of the Firm's Southeast U.S. Region from 2014 through 2022.
Thomas currently serves on the Board of Directors of American Software, Inc. and previously served on the Board of Directors of Popeyes Louisiana Kitchen, Inc., Atlantic Capital Bancshares, and Krispy Kreme Doughnuts, Inc. In 2016, Thomas was named one of the top 100 directors by the National Association of Corporate Directors (NACD).
Additionally, Thomas is a Fellow of the American College of Governance Lawyers and is a Trustee of the Georgia Research Alliance. She also is a Trustee of Washington & Lee University and The Woodruff Arts Center. She is a member of the Rotary Club of Atlanta and is a former Trustee of Furman University and a former director of the Metro Atlanta Chamber of Commerce.
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