AEP names Kate Sturgess CAO/Controller; Buonaiuto retiring June 30

AMERICAN ELECTRIC POWER CO INC

Joseph Buonaiuto retires after 21+ years; effective May 8 as Sr VP Accounting, then June 30.
Kate Sturgess appointed Sr VP, CAO and Controller effective May 9; base salary $475,000.
Sturgess target annual incentive 60% of base; LTI $475,000 annually starting 2024.
Sturgess receives $100,000 cash bonus plus equity awards totaling $650,000 to offset forfeited compensation.
Sturgess previously VP Controller at Edison International and National Grid USA.

item 5.02 item 9.01

Executive movements

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Departed

Joseph M. Buonaiuto

Senior Vice President, Chief Accounting Officer and Controller

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2023-06-30
Successor: Kate Sturgess
Filed: March 13, 2023, 7:59 PM ET

On March 13, 2023, American Electric Power Company, Inc. (the “Company” or “AEP”) announced that Joseph M. Buonaiuto, the Company’s Senior Vice President, Chief Accounting Officer and Controller, will retire on June 30, 2023.

Appointed

Kate Sturgess

Senior Vice President, Chief Accounting Officer and Controller

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2023-05-09
Filed: March 13, 2023, 7:59 PM ET

On March 8, 2023, the Company’s Board of Directors elected Kate Sturgess to serve as Senior Vice President, Chief Accounting Officer and Controller of the Company, effective May 9, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph M. Buonaiuto departed as Senior Vice President, Chief Accounting Officer and Controller at AMERICAN ELECTRIC POWER CO INC.

Action: retire
Role: Senior Vice President, Chief Accounting Officer and Controller

Exact text from the filing

On March 13, 2023, American Electric Power Company, Inc. (the “Company” or “AEP”) announced that Joseph M. Buonaiuto, the Company’s Senior Vice President, Chief Accounting Officer and Controller, will retire on June 30, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kate Sturgess was elected as Senior Vice President, Chief Accounting Officer and Controller at AMERICAN ELECTRIC POWER CO INC.

Action: elected
Role: Senior Vice President, Chief Accounting Officer and Controller

Exact text from the filing

On March 8, 2023, the Company’s Board of Directors elected Kate Sturgess to serve as Senior Vice President, Chief Accounting Officer and Controller of the Company, effective May 9, 2023.

View on SEC.gov

AMERICAN ELECTRIC POWER CO INC filing history →

Source: SEC EDGAR

accession 0000004904-23-000032

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