Press release
AEP Realigns Leadership Structure to Strengthen Customer Focus and Drive Execution
Operating company presidents and chief nuclear officer will report directly to AEP President and CEO Bill FehrmanPeggy Simmons appointed executive vice
About this update from American Electric Power Company, Inc.
[{"type":"text","content":"Operating company presidents and chief nuclear officer will report directly to AEP President and CEO Bill FehrmanPeggy Simmons appointed executive vice president of Regulatory and Chief Administrative Officer to lead safety, regulatory, procurement and sustainability functions in addition to customer operations and economic development effortsCOLUMBUS, Ohio, Aug. 28, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced organizational changes to advance the company's focus on improving service for customers and to support better execution and engagement at the local level. The changes are effective Sept. 1.\nAEP's seven operating company leaders will report directly to President and Chief Executive Officer Bill Fehrman. In addition, senior vice president and Chief Nuclear Officer Shane Lies has been promoted to executive vice president and will report to Fehrman to further support AEP's current nuclear operations.\nPeggy Simmons, who currently serves as executive vice president of Utilities, has been appointed to a new role as executive vice president of Regulatory and Chief Administrative Officer. Simmons will leverage her long track record of utility leadership to focus on supporting AEP's operating companies in the key areas of safety, regulatory, procurement, supply chain, fleet and sustainability, while continuing to lead the company's customer operations and economic development functions.\n\"Our local operating company leaders understand the needs of our customers and regulators and serve as valued partners in our communities,\" Fehrman said. \"We benefit from a deep bench of talent across the organization, and I look forward to working more closely with these leaders as we make investments to improve reliability, support growth in our local economies and keep energy affordable for all AEP customers. We remain focused on executing our strategy and delivering value to all of our stakeholders.\"\nFehrman continued, \"Peggy is a respected leader with a deep understanding of our business, our customers and the regulatory environment. This realignment of our leadership structure enhances our ability to achieve positive outcomes through a commitment to operational excellence and a keen focus on customers.\"\nSimmons has served as executive vice president of Utilities since 2022, leading AEP's operating comp...