{"schema_version":"secwatch.filing_event.v1","accession":"0000004904-24-000072","form_type":"8-K","ticker":"AEP","cik":"0000004904","company_name":"AMERICAN ELECTRIC POWER CO INC","filed_at":"2024-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.636343+00:00","generated_at":"2026-06-01T01:59:01.910013+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AEP names Bill Fehrman CEO effective Aug 1; Fowke becomes senior advisor, Goodspeed resigns from board","bullets":["William J. Fehrman elected CEO and President effective Aug 1, 2024; previously CEO of Centuri Holdings and Berkshire Hathaway Energy.","Fehrman receives base salary of $1.5M, STI target 155% of salary, and LTI target $10.5M annually (75% performance shares, 25% RSUs).","Fehrman also gets $2M sign-on cash, $4M RSUs to replace forfeited equity, and $1.15M in March 2025 for forfeited STI from prior employer.","Benjamin Fowke resigns as interim CEO July 31 but remains board member and senior advisor; receives $1M unrestricted AEP shares per month during transition.","Linda Goodspeed resigns from board effective July 31, 2024 for personal reasons; no disagreement with company."],"urls":{"canonical":"https://secwatch.observer/filing/0000004904-24-000072","json":"https://secwatch.observer/filing/0000004904-24-000072.json","markdown":"https://secwatch.observer/filing/0000004904-24-000072.md","text":"https://secwatch.observer/filing/0000004904-24-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000072/0000004904-24-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000072/aep-20240624.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T01:59:01.910013+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"08ef44e82d","claim":"Benjamin G. S. Fowke was elected as Senior Advisor at AMERICAN ELECTRIC POWER CO INC.","evidence_excerpt":"Also on June 24, 2024, Benjamin G. S. Fowke notified the Company that he will resign as Interim Chief Executive Officer and Interim President effective July 31, 2024. Effective August 1, 2024, Mr. Fowke was elected Senior Advisor by the Board for a transition period to be determined by the Board, and during that transition period he will continue to serve as an executive and employee of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000072/0000004904-24-000072-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Senior Advisor"}],"fact_type":"executive_change"},{"claim_id":"1a604db016","claim":"William J. Fehrman was elected as director at AMERICAN ELECTRIC POWER CO INC.","evidence_excerpt":"Mr. Fehrman also was elected to serve as a director of the Company effective August 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000072/0000004904-24-000072-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"dc61147c85","claim":"William J. Fehrman was elected as Chief Executive Officer and President at AMERICAN ELECTRIC POWER CO INC.","evidence_excerpt":"On June 24, 2024, William J. Fehrman was elected Chief Executive Officer and President of American Electric Power Company, Inc. (“AEP” or the “Company”) effective as of August 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/4904/000000490424000072/0000004904-24-000072-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Chief Executive Officer and President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}