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Southern Company CEO Chris Womack: 'never stop raising the bar' Womack leads the energy company with one maxim above all others: Great is not good enough if you stop getting better. There are two kinds of people in the world. Those who receive an award and see it as a chance to take a break. And those who see it as a reason to work that much harder. Southern Company CEO Chris Womack is most assuredly in the latter category. He leads his prolific energy company with one maxim above all others: Great is not good enough if you stop getting better. Womack knows what he's talking about. Southern Company, which serves more than nine million customers across the U.S., was recently ranked No. 1 in the oil and gas industry on Fortune's World's Most Admired Companies list. That's a real feather in the cap. Womack and his staff achieved this mark through the idea that "getting better" is not just a slogan. Instead, Womack pushes his staff to clearly define "better," benchmark it and show others how to achieve it. Of course, this is the kind of focus that comes from someone who has been with an organization for several decades. Indeed, the Alabama-born CEO has had Southern Company on his business card since 1988. Let that sink in - that's 38 years of service. "We challenge ourselves very, very forthrightly about not becoming complacent," Womack explained to me on a recent episode of the Corporate Competitor Podcast. "Especially in terms of not relishing being No. 1." Athletes will tell you. Any team can come from behind to beat you. No lead is totally safe. Womack, a former player for Western Michigan University on the baseball diamond, knows that well. That's why he doesn't believe any victory is worth a day off. "We have to keep getting better," he told me. "We have to keep moving the bar, raising the bar, elevating the bar, stepping up our game to continue to be successful." Womack talked about all this and more on the podcast, including: - Be adaptable. He believes that adaptability is a strength for both individuals and businesses. The CEO, who had to adapt when he left rural Alabama for college in Michigan, benefited from being malleable then. As a hitter, you never know what pitch is coming at you next. The same is true in business. - Vulnerability is not weakness. Over the years, Womack has learned that sharing stories, fears, hopes - these things strengthen bonds and relationships. They demonstrate a shared humanity. So, as a leader in business, he doesn't shy away from vulnerable moments. He leans into them. "We're all in this together," he says. - Employees are people. In the old days, many companies told their employees to leave their baggage at the door. But Womack calls this practice "completely unrealistic," adding, "that's not real life." Instead, he fosters an environment where employees are free to express what's going on in their lives outside of the job. That way their workplace feels more like home. Over the last 30 years, longtime Associate Editor for Sports Illustrated and 13-time New York Times Best-Selling Author Don Yaeger has been blessed to interview the greatest winners of its generation. He has made a second career as a keynote speaker and executive coach, discerning habits of high performance to teach teams how to reach their full potential.

Georgia regents name former Southern Company leader Fanning as next chancellor. Published 1:28 pm Thursday, October 1, 2026 By Ty Tagami, Capitol Beat News Service | Getting your Trinity Audio player ready... | ATLANTA - Georgia's Board of Regents formalized the hiring Thursday of the next leader of the state's 25 public colleges and universities, naming Thomas A. Fanning as chancellor. The former president and CEO of Southern Company will take control of the University System of Georgia on Jan. 1, the day after Sonny Perdue retires. The regents named Fanning sole finalist last month. "As a proud USG graduate, I know firsthand the transformative power of this system," Fanning said in a statement. The Georgia Tech graduate, who went on to earn a master's degree there, said his priorities are to ensure college remains accessible, to support innovation and to drive the state's economy with talented graduates. Fanning led Southern Company from 2010 to 2023. He also chaired the Cybersecurity Advisory Committee of the Cybersecurity and Infrastructure Security Agency and the board of the Federal Reserve Bank of Atlanta. After leading the university system for four years, Perdue announced his retirement in April, prompting a five-month search for his successor. Perdue served as agriculture secretary for President Donald Trump during his first term in the White House and as Georgia's first Republican governor since Reconstruction starting in 2003.

The US Department of Energy has approved a $26.5 billion loan to Southern Company through Georgia Power and Alabama Power, the largest in the agency's history. Georgia Power receives approximately $22.4 billion whilst Alabama Power gets roughly $4.1 billion. The 30-year loans will finance over 16 gigawatts of power capacity, including gas turbines, nuclear upgrades, batteries, and 1,300 miles of transmission infrastructure. Officials tout $7 billion in customer savings and $300 million annual interest cost reductions for Southern Company. The financing targets data centre growth and manufacturing expansion. Critics argue the subsidised borrowing costs benefit shareholders whilst construction costs enter the rate base, ultimately paid by customers. Current rate freezes in Georgia and Alabama have expiration dates. The loan reduces Southern Company's borrowing costs but doesn't guarantee lower household bills, as assets remain company-owned and ratepayer-funded.