Business
Miss. Power paying ex-president $150,000 a year
Even though Ed Day retired abruptly as Mississippi Power’s president earlier this year, he’s still getting paid.
Day is being paid $150,000 a year for three years as a consultant, according to a stock filing by the Southern Co., the Atlanta-based parent of Mississippi Power. That’s in addition to his company retirement.
The agreement began May 20, when Day retired, according to the stock filing. It requires Day to be available up to four days each month to help Mississippi Power address lawsuits, government investigations or regulatory filings. […]