secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN ELECTRIC POWER CO INC (AEP)
CIK:        0000004904
Form:       8-K
Filed at:   2022-08-10T23:59:59+00:00
Accession:  0000004904-22-000078
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AEP CFO Julia Sloat named President, CEO-elect; Akins to become Executive Chair
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- Nicholas Akins resigns as President effective Aug 10, 2022; will step down as CEO Dec 31, 2022, becoming Executive Chair Jan 1, 2023.
- Julia Sloat appointed President and CFO effective Aug 10, 2022; named President and CEO effective Jan 1, 2023.
- Sloat's base salary raised to $850,000 with 90% of salary target under annual incentive plan.
- AEP plans to name a new CFO before Jan 1, 2023.
- Akins led AEP as CEO since 2011; Sloat has been EVP and CFO since January 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4904/000000490422000078/0000004904-22-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4904/000000490422000078/aep-20220805.htm
  HTML page:      https://secwatch.observer/filing/0000004904-22-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer