secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN ELECTRIC POWER CO INC (AEP)
CIK:        0000004904
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000004904-22-000113
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4904/000000490422000113/0000004904-22-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4904/000000490422000113/aep-20221031.htm
  HTML page:      https://secwatch.observer/filing/0000004904-22-000113

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