---
schema_version: "secwatch.filing_event.v1"
accession: "0000004904-22-000129"
form_type: "8-K/A"
ticker: "AEP"
cik: "0000004904"
company_name: "AMERICAN ELECTRIC POWER CO INC"
filed_at: "2022-12-08T23:59:59+00:00"
generated_at: "2026-06-21T07:47:19.463992+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AEP discloses CEO and Executive Chair compensation for Jan 1, 2023 transition

## Summary
- Julia Sloat to become CEO Jan 1, 2023; base salary of $1.2M and annual LTI grant of $8M.
- Sloat's target annual incentive is 140% of base salary; LTI mix 75% performance shares, 25% RSUs.
- Nicholas Akins to become Executive Chair Jan 1, 2023; base salary of $1.15M and annual LTI grant of $2M in RSUs.
- Akins' RSUs vest ratably over three years with dividend credits; target annual incentive 135% of base salary.

## SEC filing metadata
- accession: 0000004904-22-000129
- form_type: 8-K/A
- ticker: AEP
- cik: 0000004904
- company_name: AMERICAN ELECTRIC POWER CO INC
- filed_at: 2022-12-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4904/000000490422000129/0000004904-22-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4904/000000490422000129/aep-20220805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004904-22-000129
- JSON: https://secwatch.observer/filing/0000004904-22-000129.json
- Plain text: https://secwatch.observer/filing/0000004904-22-000129.txt

## Key facts
- Executive change
  Nicholas K. Akins resigned as Chief Executive Officer at AMERICAN ELECTRIC POWER CO INC.
  - Action: resigned
  - Role: Chief Executive Officer
  source text: Nicholas K. Akins, Chair of the Board, Chief Executive Officer and President of AEP, would resign as President of the Company effective August 10, 2022, and, effective as of December 31, 2022, resign as Chief Executive Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/4904/000000490422000129/0000004904-22-000129-index.htm
- Executive change
  Nicholas K. Akins was elected as Executive Chair of the Board at AMERICAN ELECTRIC POWER CO INC.
  - Action: elected
  - Role: Executive Chair of the Board
  source text: Mr. Akins would be elected as Executive Chair of the Board of Directors of the Company (“Board”), effective January 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/4904/000000490422000129/0000004904-22-000129-index.htm
- Executive change
  Julia A. Sloat was elected as President and Chief Executive Officer at AMERICAN ELECTRIC POWER CO INC.
  - Action: elected
  - Role: President and Chief Executive Officer
  source text: Julia A. Sloat would be elected President and Chief Financial Officer of the Company, effective as of August 10, 2022, and as its President and Chief Executive Officer, effective as of January 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/4904/000000490422000129/0000004904-22-000129-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.