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American Electric Power logoAmerican Electric Power AEP

AEP said its board elected Peggy I. Simmons as Executive Vice President - Regulatory and Chief Administrative Officer, effective September 1, 2024. The board's election was made on August 26, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. AEP said its board elected Peggy I. Simmons as Executive Vice President - Regulatory and Chief Administrative Officer, effective September 1, 2024. The board's election was made on August 26, 2024.

  2. The company said Simmons resigned as Executive Vice President – Utilities effective August 31, 2024. The filing says she has led the operating companies serving 5.6 million customers in that role since 2022.

  3. The company said Simmons will support the operating companies in safety, regulatory, procurement, supply chain, fleet and sustainability, and will continue to lead customer operations and economic development functions.

  4. AEP said its seven operating company leaders will report directly to President and Chief Executive Officer Bill Fehrman effective September 1, 2024. Chief Nuclear Officer Shane Lies has also been promoted to executive vice president and will report to Fehrman.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Peggy I. Simmons Appointment and Effective Date

AEP said its board elected Peggy I. Simmons as Executive Vice President - Regulatory and Chief Administrative Officer, effective September 1, 2024. The board's election was made on August 26, 2024.

Source · Based on the filing body and exhibits

Resignation from Executive Vice President – Utilities Role

The company said Simmons resigned as Executive Vice President – Utilities effective August 31, 2024. The filing says she has led the operating companies serving 5.6 million customers in that role since 2022.

Source · Based on the filing body and exhibits

Responsibilities of New Role

The company said Simmons will support the operating companies in safety, regulatory, procurement, supply chain, fleet and sustainability, and will continue to lead customer operations and economic development functions.

Source · Based on the filing body and exhibits

Reporting Structure Changes

AEP said its seven operating company leaders will report directly to President and Chief Executive Officer Bill Fehrman effective September 1, 2024. Chief Nuclear Officer Shane Lies has also been promoted to executive vice president and will report to Fehrman.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.