Press release
AEP NAMES KELLY CHIEF FINANCIAL OFFICER
COLUMBUS, Ohio, Nov. 2, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Ann P. Kelly executive vice president and chief financial officer
About this update from American Electric Power Company, Inc.
[{"type":"text","content":"COLUMBUS, Ohio, Nov. 2, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Ann P. Kelly executive vice president and chief financial officer (CFO), effective Nov. 30. Kelly is currently vice president of finance and CFO for AmeriGas Propane, Inc., a UGI Corp. subsidiary.\n\n \n \n \n \n \n \n\n \nKelly will be responsible for AEP's accounting and tax, treasury and risk, corporate planning and budgeting, and investor relations functions. She will report to Nicholas K. Akins, AEP chair and chief executive officer (CEO), until Jan. 1 when Julie Sloat, AEP president and current CFO, becomes CEO.\n\"Ann brings significant financial expertise, deep industry knowledge and an engaging leadership style to this role, and I am thrilled to have her join our dynamic team. Her experience will be invaluable as we continue to grow our business and invest in a modern, reliable energy system to benefit our customers,\" Sloat said.\nKelly, 52, was appointed vice president of finance and CFO for AmeriGas in 2019. Previously, she was corporate controller and chief accounting officer for UGI, assistant treasurer for UGI, and controller and principal accounting officer for UGI Utilities.\nPrior to joining UGI Utilities in 2014, Kelly was CFO for JGM, Inc., senior vice president of finance for Preferred Sands, and held roles of increasing responsibility in finance and accounting at Exelon Generation, PECO, Radnor Holdings, Price Waterhouse and Dean Witter. Kelly earned a bachelor's degree in accounting from Ohio Wesleyan University and a Master of Business Administration with a concentration in finance from Villanova University.\nAmerican Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 16,700 employees operate and maintain the nation's largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 7,100 megawatts of renewable energy. The company's plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reac...