Santee Cooper has named Tami Wilson as its new Chief Financial and Administration Officer as Ken Lott steps down from the position, Santee Cooper said on July 28.
The timing of this transition is deliberate as Santee Cooper implements an $8 billion capital plan over the next seven years, ensuring continuity in financial leadership as Lott will be retiring on Dec. 31, 2026.
“Wilson is a highly accomplished leader in the utility industry with over a decade of Chief Financial Officer experience and over 24 years of executive experience, including most recently serving as a key member of the executive team at a private equity backed power transmission and distribution contracting company,” Santee Cooper noted.
“Tami has excellent financial and leadership acumen, said Santee Cooper President and CEO Jimmy Staton. “She has deep experience in our industry and is going to be a great addition to the leadership team. We look forward to welcoming her.”
Lott will serve as Senior Advisor to the CEO, supporting the transition of the CF&AO along with taking on other key projects.
“Ken has provided invaluable leadership to Santee Cooper. He led our financial team through the rate freeze period and oversaw the execution of the first tender and exchange bond transaction in Santee Cooper’s history, creating over $378 million in savings for our customers,” said Staton.
“It’s been a great professional honor for me to serve as Santee Cooper’s CF&AO,” Lott said. “I have been fortunate to learn from and work with such a talented and dedicated Finance & Administration team. I am proud of what we achieved as a team. I wanted to leave a financially stable Santee Cooper and do so at a time that allows for a smooth transition. That time is now.”