secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN ELECTRIC POWER CO INC (AEP)
CIK:        0000004904
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0000004904-23-000032
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4904/000000490423000032/0000004904-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4904/000000490423000032/aep-20230308.htm
  HTML page:      https://secwatch.observer/filing/0000004904-23-000032

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