A Matrix Win? Alexia Borden Out at Alabama Power; Federal Probes Deepen
Did Alabama Power show unwavering loyalty to the diminutive political consultant “Sloppy Joe” Perkins?
With the looming mandatory retirement of Alabama Power Chairman and CEO Jeff Peoples, Alexia Borden, Senior Vice President, has left the embattled utility to become Executive Vice President at Brasfield & Gorrie, one of the largest construction firms in the United States.
Borden joined the construction company in January, but no official announcement has been made. Anonymous sources contacted us today to give us a heads up of the latest developments.
We always thought that Alexia was an honorable person and that, as a successful and intelligent woman, she would eventually be promoted to Chairman and CEO of Alabama Power.
Not to be.
Insiders claim she allegedly was overlooked, isolated, and sidelined by Peoples. Supposedly, she had had enough.
“Sloppy” Joe Perkins, the founder of the obscure political consulting firm Matrix, allegedly still has enormous influence inside the utility and is still pulling in millions in consulting fees.
Demoted from General Counsel to “Customer Engagement” a year ago, Alexia had allegedly sought Matrix and Perkins’ ouster, an end to the decades-long relationship, according to insiders.
The third-party risk of Matrix and Perkins appears to be a huge liability and has cost and will cost more Alabama Power careers to come to a crashing end like Mark A. Crosswhite, the former Alabama Power CEO who resigned in disgrace in November of 2022.
Ignored, Alexia finally left.
Others tell us several federal probes are ongoing looking at the Southern Company Criminal Enterprise. Sources claim knowing of a U.S. Department of Justice probe and a U.S. Securities and Exchange Commission investigation.
The investigations are centered around the millions wasted carte blanche on covert political, surveillance, and investigative operations against perceived enemies that had no corporate purpose whatsoever.
The avalanche of request for documents, invoices, financial records, emails, and obscure work orders surrounding her time as General Counsel, Alexia was simply overwhelmed.
King & Spalding couldn’t even save Alexia.
With a fresh start, a more relaxing environment, we wish Alexia all the best!
