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At 36, Allen Leverett has been appointed CFO of US utility company Wisconsin Energy, which generated first quarter revenues of over $1 billion. He may be young for a CFO but Leverett is confident he has enough experience. "I've got a lot of mileage," he laughs. His CV backs this up. Elected to the post of treasurer of Southern Company Services in 2000, Leverett was responsible for managing cash-flow for a company whose annual revenue stream runs over $10.5 billion.
Since then he has been CFO at Georgia Power Company - the largest subsidiary of Southern Company - and, at the time of his interview with CF, has spent 36 hours in his new post at Wisconsin Energy. "Like drinking from a fire hose," is how Leverett describes his first day.
Leverett joined Southern Company in 1988 as a technical engineer after leaving university with a degree in engineering and mathematics, which preceded a Master of Science degree in electrical engineering. Leverett once dreamed of being a mathematics academic until he realised this offered a limited...