---
schema_version: "secwatch.filing_event.v1"
accession: "0000004904-23-000114"
form_type: "8-K"
ticker: "AEP"
cik: "0000004904"
company_name: "AMERICAN ELECTRIC POWER CO INC"
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:38:57.374656+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AEP appoints Charles E. Zebula as CFO; reaffirms 2023 EPS guidance $5.19-$5.39

## Summary
- Zebula named EVP & CFO effective Sept 30, replacing Ann P. Kelly, who was terminated.
- Kelly eligible for severance: 1x salary + target bonus, prorated LTIP vesting subject to agreement.
- Zebula's salary raised to $700k (from $619.5k); receives $1.5M in RSUs vesting through Dec 2024 or retirement.
- AEP reaffirmed 2023 operating earnings guidance $5.19-$5.39/share, 6-7% long-term growth, and 14-15% FFO/Debt.

## SEC filing metadata
- accession: 0000004904-23-000114
- form_type: 8-K
- ticker: AEP
- cik: 0000004904
- company_name: AMERICAN ELECTRIC POWER CO INC
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4904/000000490423000114/0000004904-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4904/000000490423000114/aep-20230929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004904-23-000114
- JSON: https://secwatch.observer/filing/0000004904-23-000114.json
- Plain text: https://secwatch.observer/filing/0000004904-23-000114.txt

## Key facts
- Executive change
  Ann P. Kelly was terminated as Executive Vice President and Chief Financial Officer at AMERICAN ELECTRIC POWER CO INC.
  - Action: terminated
  - Role: Executive Vice President and Chief Financial Officer
  source text: On October 2, 2023, the Company announced that, effective September 29, 2023, Ann P. Kelly’s employment was terminated as Executive Vice President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/4904/000000490423000114/0000004904-23-000114-index.htm
- Executive change
  Charles E. Zebula 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
  source text: On September 29, 2023, the Board of Directors of American Electric Power Company Inc. (“AEP” or “Company”) elected Charles E. Zebula to serve as AEP’s Executive Vice President and Chief Financial Officer effective as of September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/4904/000000490423000114/0000004904-23-000114-index.htm

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