David Ratcliffe Biography and Net Worth

David M. Ratcliffe serves as Independent Director of the Company. From 1999 until 2004, Mr. Ratcliffe was President and CEO of Georgia Power, Southern Company’s largest subsidiary. Prior to becoming President and CEO of Georgia Power in 1999, Mr. Ratcliffe served as Executive Vice President, Treasurer and Chief Financial Officer. Mr. Ratcliffe previously served as a member of the board of directors of CSX Corporation, a publicly-traded railroad company. Qualifications and Skills: Mr. Ratcliffe brings his valuable experience as a director and chief executive officer of a highly-regulated, publicly-traded company to our Board of Directors. He is also a past Chairman of the Federal Reserve Bank of Atlanta and the Georgia Chamber of Commerce. Mr. Ratcliffe also previously served or serves as a member of the board of directors of the Georgia Research Alliance, the Center for Civil and Human Rights, the Center for Disease Control Foundation, as well as a number of other community and charitable boards. Mr. Ratcliffe has been regularly recognized for his leadership and received the Distinguished Leadership Award from the Edison Electric Institute in 2010, as well as the William S. Lee Award for Leadership from the Nuclear Energy Institute. He also received the Ethics Advocate Award in 2010 from the Center for Ethics and Corporate Responsibility at Georgia State University. In light of Mr. Ratcliffe’s extensive public company director and leadership experience, he provides the appropriate counterpoints to the non-independent members of the board and serves as an effective independent Lead Director.