Gulf Power Company Executive Officers Base Salary Schedule (Effective March 1, 2006)
This document lists the annual base salaries for the Chief Executive Officer and several other executive officers of Gulf Power Company as of March 1, 2006. It specifies the names, titles, and corresponding salaries for each executive. The document also notes the prior salary of a former vice president who served until February 21, 2005. This schedule is intended to disclose compensation information for key company officers.
EXHIBIT 10(d)20
BASE SALARIES OF NAMED EXECUTIVE OFFICERS
GULF POWER COMPANY
Effective as of March 1, 2006, the following are the annual base salaries of the Chief Executive Officer and certain other executive officers of Gulf Power Company (the “Company”).
| Susan N. Story President and Chief Executive Officer | $352,544 | |
| Francis M. Fisher, Jr. Vice President | $237,627 | |
| Ronnie R. Labrato Vice President and Chief Financial Officer | $200,761 | |
| P. Bernard Jacob Vice President | $221,435 | |
| Penny M. Manuel Vice President | $179,354
| |
Gene L. Ussery, Jr., Vice President of Georgia Power Company, served as Vice President of the Company until February 21, 2005. Mr. Ussery’s annual base salary for the year ended December 31, 2005 was $256,798.
