May 13 (Reuters) - Utility firm Southern Co ( SO ) said
on Monday insider Pete Sena will be the next CEO of its
subsidiary, Southern Nuclear, after Stephen Kuczynski's
retirement, which is effective June 28.
Southern Nuclear operates eight nuclear energy units in
Alabama and Georgia.
WHY IT IS IMPORTANT
The unit had recently achieved commercial operation on
Vogtle 3 and 4 nuclear reactors, considered the first
newly-built reactors since Watts Bar Unit 1 which started
operations in 1996.
CONTEXT
President Joe Biden passed the largest climate change
legislation in U.S. history in 2022, meant to touch off a boom
in American clean energy development including nuclear.
Sena became the president of Southern Nuclear in 2023 after
joining in 2019 as executive vice president and chief nuclear
officer (CNO). Before joining Southern Nuclear, he held a number
of leadership positions at First Energy and later Public Service
Enterprise Group ( PEG ) including serving as CNO for both
companies.
KEY QUOTES
"When Sena assumes the additional roles of chairman and CEO,
he will oversee the operation of over 8,400 MW of nuclear power
across Plant Farley in Alabama, and both Plants Hatch and Vogtle
Units 1-4 in Georgia," the company said.
(Reporting by Tanay Dhumal in Bengaluru; Editing by Sriraj
Kalluvila)