Alabama Power Company Executive Officer Base Salary Disclosure (2015)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists the annual base salaries for the Chief Executive Officer, Chief Financial Officer, and other executive officers of Alabama Power Company, effective March 1, 2015. It includes the names, titles, and salaries of each officer, with a note regarding the retirement of Charles D. McCrary in 2014. The disclosure is intended to provide transparency regarding executive compensation for the company's top management.

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EX-10.B14 4 ex10b14.htm EXHIBIT 10.B14 Ex 10b14 2014 10-K


EXHIBIT 10(b)14

BASE SALARIES OF NAMED EXECUTIVE OFFICERS

ALABAMA POWER COMPANY

The following are the annual base salaries, effective March 1, 2015, unless otherwise noted, of the Chief Executive Officer and Chief Financial Officer of Alabama Power Company and certain other executive officers of Alabama Power Company who served during 2014.

Charles D. McCrary*
President and Chief Executive Officer;
Executive Vice President of Southern Company
$803,247
Mark A. Crosswhite
President and Chief Executive Officer
Executive Vice President of Southern Company
$641,609
Philip C. Raymond
Executive Vice President, Chief Financial Officer,
and Treasurer
$364,898
James P. Heilbron
Senior Vice President and Senior Production Officer
$252,363
Zeke W. Smith
Executive Vice President
$364,911
Steven R. Spencer
Executive Vice President
$488,760


*    Retired May 1, 2014. Salary shown was Mr. McCrary’s salary effective March 1, 2014.