Southern Company names Aaron Abramovitz as SVP of finance and treasurer

Published 22/07/2025, 21:26
Southern Company names Aaron Abramovitz as SVP of finance and treasurer

ATLANTA - Southern Company (NYSE:SO), a $105 billion utility giant currently trading near its 52-week high at $95.85, has appointed Aaron Abramovitz as senior vice president of finance and treasurer, effective July 31, 2025, according to a company press release issued Tuesday. According to InvestingPro, the company maintains a strong financial health score and has raised its dividend for 23 consecutive years.

Abramovitz, who currently serves as executive vice president, chief financial officer and treasurer at Georgia Power, will move to the parent company in his new role.

As part of this transition, Georgia Power’s Board of Directors has elected Tyler Cook to replace Abramovitz as senior vice president, chief financial officer and treasurer. Cook will oversee the company’s accounting and financial functions.

Cook brings nearly 25 years of experience within the Southern Company system. She currently serves as senior vice president of finance and enterprise transformation for Southern Company, where she provides strategic financial leadership and oversees business optimization efforts for a utility that maintains a healthy 3.12% dividend yield.

"Tyler brings nearly 25 years of invaluable experience within the Southern Company system and a deep understanding of Georgia Power’s business," said Kim Greene, Georgia Power chairman, president and CEO, in the statement.

Previously, Cook served as vice president of finance and business transformation for Georgia Power, overseeing financial planning, analysis, and budgeting functions, including the development of the company’s 10-year financial plan.

Georgia Power, the largest electric subsidiary of Southern Company, serves 2.8 million customers across Georgia.

In other recent news, Southern Company announced key leadership changes in its finance team. Matt Kim will transition to the role of senior vice president, comptroller, and chief accounting officer, overseeing various financial functions. Additionally, Hans Brown has been appointed as executive vice president and Chief Information Technology Officer, where he will lead technology strategy and digital transformation efforts. BMO Capital raised its price target for Southern Company to $102 while maintaining an Outperform rating. The firm projects second-quarter earnings of $0.87 per share, slightly below the consensus estimate of $0.90. Southern Company also announced the election of John M. Turner, Jr., CEO of Regions Financial Corporation, to its Board of Directors, effective September 2025. Furthermore, the company declared a quarterly dividend of 74 cents per share, continuing its long-standing tradition of consistent dividend payments.

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