Mississippi Power Company Executive Officer 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 Mississippi Power Company as of March 1, 2006. It also provides the 2005 base salaries for two former officers who served in executive roles during the previous year. The agreement outlines compensation details but does not specify additional terms or conditions beyond the salary amounts.
EXHIBIT 10(e)18
BASE SALARIES OF NAMED EXECUTIVE OFFICERS
MISSISSIPPI 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 Mississippi Power Company (the “Company”).
| Anthony J. Topazi President and Chief Executive Officer | $349,215 |
| Bobby J. Kerley Vice President | $226,961 |
| Frances Turnage Vice President, Treasurer and Chief Financial Officer | $196,770 |
| Kimberly Flowers Vice President | $196,626 |
| John Atherton Vice President | $156,590 |
Gene L. Ussery, Jr., Vice President of Georgia Power Company, served as Vice President of the Company until March 5, 2005. Mr. Ussery’s annual base salary for the year ended December 31, 2005 was $256,798.
Michael W. Southern, Senior Vice President, Comptroller and Chief Financial Officer of Southern Power Company, served as Vice President, Treasurer and Chief Financial Officer of the Company, until March 17, 2005. Mr. Southern's annual base salary for the year ended December 31, 2005 was $254,054.
