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SOUTHERN COMPANY (SO)
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The Southern Company : Leonard Owens named vice president of Human Resources

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01/23/2012 | 05:19pm CEST

Jan 23, 2012

ATLANTA - Georgia Power President and CEO Paul Bowers today announced thatLeonard Owens has been elected vice president of human resources (HR) by the Georgia Power board of directors. Owens, currently director of HR, will add labor relations to his existing HR responsibilities which include health and wellness, talent management and HR delivery organizations.

Owens will report to Stacy Kilcoyne, Southern Company vice president of human resources. He will remain a member of the Georgia Power Management Council.

"Leonard's proven ability to develop, drive and align people to achieve business results has made him a valuable member of the Georgia Power leadership team," said Georgia Power President and CEO Paul Bowers.

"His expanded role will support our continued efforts to ensure our people priorities support and align with business strategies," Kilcoyne said.

Previously, Owens served in a variety of roles in the customer service and operations organization, including Madison area manager, active collection manager and customer service manager. Earlier in his career, he held HR positions focused on retirement planning, health care services and pensions.

Owens joined Georgia Power in 1979, spending eight years as a construction analyst and then HR supervisor involved with the construction of Plant Vogtle units 1 and 2.

Earning his undergraduate degree in business administration and management from Fayetteville State University, Owens also received the Program for Management Development diploma from the Harvard Business School. He is also a member of the Society for Human Resources Management.

Owens is active in his local community, serving as a community coach and mentor at elementary and middle schools in DeKalb and Newton counties. He also has served as a Youth Sports Coach in both DeKalb and Rockdale counties.

Georgia Power is the largest subsidiary of Southern Company, one of the nation's largest generators of electricity.  The company is an investor-owned, tax-paying utility with rates well below the national average. Georgia Power serves 2.4 million customers in all but four of Georgia's 159 counties. 

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Financials ($)
Sales 2018 22 595 M
EBIT 2018 5 568 M
Net income 2018 2 991 M
Debt 2018 50 030 M
Yield 2018 5,23%
P/E ratio 2018 15,91
P/E ratio 2019 15,25
EV / Sales 2018 4,24x
EV / Sales 2019 4,18x
Capitalization 45 801 M
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Mean consensus HOLD
Number of Analysts 19
Average target price 46,3 $
Spread / Average Target 1,5%
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Managers
NameTitle
Thomas A. Fanning Chairman, President & Chief Executive Officer
Kimberly S. Greene Chief Operating Officer & Executive Vice President
Arthur P. Beattie Chief Financial Officer & Executive Vice President
Kenneth E. Coleman Chief Information Officer & Senior Vice President
Warren A. Hood Independent Director
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