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Former U.S. Nuclear Regulatory Commission Chairman Kristine L. Svinicki to Join Southern Company Board of Directors

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Southern Company announced the election of Kristine L. Svinicki as an independent director, effective October 17, 2021. Svinicki, former chairman of the U.S. Nuclear Regulatory Commission, brings extensive experience in energy policy and nuclear technologies. She joins the Business Security and Resiliency and Operations, Environmental and Safety Committees. Southern Company emphasizes its commitment to corporate governance and diversity through this appointment, positioning itself to better address future energy challenges.

Positive
  • Svinicki's extensive experience in nuclear regulation enhances Southern Company's governance.
  • Her insights into energy policy may drive innovative solutions for future challenges.
Negative
  • Concerns about continuity in leadership as Svinicki may bring new perspectives that differ from existing board members.

ATLANTA, Oct. 18, 2021 /PRNewswire/ -- The Board of Directors of Southern Company today announced the election of Kristine L. Svinicki as an independent director, effective Oct. 17, 2021. Svinicki joins the Business Security and Resiliency Committee and the Operations, Environmental and Safety Committee.

"As the longest serving member in the history of the U.S. Nuclear Regulatory Commission, Kristine brings to Southern Company a wealth of experience advising energy policy at the federal and state levels," said Southern Company chairman, president and CEO Thomas A. Fanning. "Kristine's knowledge of and expertise in nuclear technologies will be invaluable as we pursue the full range of energy resources. Moreover, Kristine's insight into the energy challenges of tomorrow places Southern Company in a prime position to serve customers, communities, employees and stockholders well into the future. This addition to our board is another example of the prominence Southern Company places on corporate governance, risk oversight, board refreshment, transparency and diversity within our strategic goals."

The Honorable Kristine Svinicki was appointed a member of the U.S. Nuclear Regulatory Commission (NRC) by three U.S. presidents, becoming that organization's longest-serving member. She was designated chairman of the NRC on January 23, 2017 and stepped down as chairman earlier this year after more than 30 years of public service.

Before joining the NRC, Svinicki spent over a decade as a staff member in the U.S. Senate working on issues related to national security; science and technology; and energy and the environment. She also served as a professional staff member on the Senate Armed Services Committee where she was responsible for the committee's portfolio of defense science and technology programs and policies, and for the atomic energy defense activities of the U.S. Department of Energy, including nuclear weapons, nuclear security and environmental programs.

Previously, Svinicki worked as a nuclear engineer in the U.S. Department of Energy's Washington, D.C. Offices of Nuclear Energy, Science and Technology, and of Civilian Radioactive Waste Management, as well as its Idaho Operations Office, in Idaho Falls, Idaho. Before that, she was an energy engineer with the State of Wisconsin at the Wisconsin Public Service Commission in Madison, Wisconsin.

Born and raised in Michigan, Svinicki holds a Bachelor of Science in Nuclear Engineering from the University of Michigan, where she currently serves as Adjunct Professor of Nuclear Engineering and Radiological Sciences in the College of Engineering. She also sits on the board of TerraPower.

She is a longstanding member of the American Nuclear Society and the Society has twice honored her with its Presidential Citation in recognition of her contributions to the nuclear energy policies of the United States.

About Southern Company

Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Fortune's "World's Most Admired Companies" list, Forbes and the Women's Choice Award. To learn more, visit www.southerncompany.com.

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SOURCE Southern Company

FAQ

Who is Kristine L. Svinicki and what role will she play at Southern Company?

Kristine L. Svinicki is an independent director elected to Southern Company's Board, bringing vast experience from her tenure as chairman of the U.S. Nuclear Regulatory Commission.

What committees will Kristine L. Svinicki join at Southern Company?

Svinicki will join the Business Security and Resiliency Committee and the Operations, Environmental and Safety Committee.

When did Kristine L. Svinicki's appointment to Southern Company's Board become effective?

Her appointment became effective on October 17, 2021.

What impact might Svinicki's appointment have on Southern Company's energy strategy?

Svinicki's expertise in nuclear technology and energy policy may enhance Southern Company's ability to tackle future energy challenges.

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