AEP names Ann P. Kelly as CFO; Julie Sloat to become CEO Jan 1, 2023

AMERICAN ELECTRIC POWER CO INC

Julia Sloat resigns as CFO effective Nov 29, 2022; remains President, becomes CEO Jan 1, 2023.
Ann P. Kelly elected EVP and CFO effective Nov 30, 2022; previously VP Finance & CFO at AmeriGas Propane.
Kelly's compensation: annual base salary $700K, target annual incentive 80% of base, LTI grant $1.7M.
Kelly receives $250K cash hire bonus, $260K in AEP performance shares (vest Dec 31, 2024), and $110K RSUs.
No family relationships, arrangements, or Item 404(a) transactions involving Kelly.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Julia A. Sloat

Chief Executive Officer

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2023-01-01
Filed: November 2, 2022, 7:59 PM ET

Ms. Sloat will continue to serve as President of the Company and, as previously announced, will serve as its Chief Executive Officer effective January 1, 2023.

Appointed

Ann P. Kelly

Executive Vice President and Chief Financial Officer

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2022-11-30
Filed: November 2, 2022, 7:59 PM ET

the Company’s Board of Directors elected Ann P. Kelly to serve as its Executive Vice President and Chief Financial Officer effective as of November 30, 2022.

Role change

Julia A. Sloat

Chief Financial Officer

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2022-11-29
Successor: Ann P. Kelly
Filed: November 2, 2022, 7:59 PM ET

Julia A. Sloat will resign as Chief Financial Officer of the Company effective November 29, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Julia A. Sloat changed role as Chief Executive Officer at AMERICAN ELECTRIC POWER CO INC.

Action: will serve
Role: Chief Executive Officer

Exact text from the filing

Ms. Sloat will continue to serve as President of the Company and, as previously announced, will serve as its Chief Executive Officer effective January 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ann P. Kelly was elected as Executive Vice President and Chief Financial Officer at AMERICAN ELECTRIC POWER CO INC.

Action: elected
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

the Company’s Board of Directors elected Ann P. Kelly to serve as its Executive Vice President and Chief Financial Officer effective as of November 30, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Julia A. Sloat resigned as Chief Financial Officer at AMERICAN ELECTRIC POWER CO INC.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Julia A. Sloat will resign as Chief Financial Officer of the Company effective November 29, 2022.

View on SEC.gov

AMERICAN ELECTRIC POWER CO INC filing history →

Source: SEC EDGAR

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