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SO > SEC Filings for SO > Form 8-K on 19-Oct-2009All Recent SEC Filings

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Form 8-K for SOUTHERN CO


19-Oct-2009

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Trans


Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

As previously reported, on October 12, 2009, The Southern Company
(the "Company") received notice from the New York Stock Exchange (the "NYSE")
that it was deficient in meeting the requirements of Section 303A.07(a) of the NYSE Listed Company Manual, which requires the audit committee of any NYSE-listed company to have a minimum of three members. As a result of the resignation of a director on October 7, 2009, the Company temporarily had only two Audit Committee members.

On October 19, 2009, the Board of Directors of the Company appointed Mr. Jon A. Boscia, a current member of the Board of Directors, as a member of the Company's Audit Committee. The Company has notified the NYSE that it is no longer deficient in meeting the requirements of Section 303A.07(a). As a result of these actions, the Company is in compliance with the listing standards of the NYSE and expects no further action by the NYSE regarding this matter.



Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 19, 2009, the Board of Directors of the Company elected a new member, Mr. Henry A. Clark III, effective October 19, 2009. Mr. Clark is a senior advisor with Lexicon Partners. Mr. Clark also was named as a member of the Company's Finance Committee and Compensation and Management Succession Committee.

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