8-K filed October 31, 2024, 7:59 PM ET ticker AEP CIK 0000004904

leadership confidence high sentiment positive materiality 0.65

AEP restructures leadership; Peggy Simmons leaves, Chris Beam to retire, Kelly Ferneau promoted to Chief Nuclear Officer

AMERICAN ELECTRIC POWER CO INC

Eliminates EVP Regulatory and Chief Administrative Officer role; Peggy Simmons separates from AEP effective Oct 31.
Chris Beam (EVP Energy Services) resigns, to retire Feb 2025; named EVP Senior Advisor until then.
Shane Lies moves from EVP & Chief Nuclear Officer to EVP Projects & Services; Kelly Ferneau promoted to EVP & Chief Nuclear Officer.
Scott Dailey succeeds Ferneau as Site Vice President at Donald C. Cook Nuclear Plant.
AEP launches search for president of AEP Transmission; plant managers now report to operating company presidents.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Christian T. Beam

Executive Vice President – Senior Advisor

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2024-11-01
Filed: October 31, 2024, 7:59 PM ET

Effective October 31, 2024, Mr. Beam resigned as Executive Vice President – Energy Services of the Company and has been elected as Executive Vice President – Senior Advisor of the Service Corporation effective November 1, 2024.

Appointed

Kelly J. Ferneau

Executive Vice President and Chief Nuclear Officer

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2024-11-01
Filed: October 31, 2024, 7:59 PM ET

The Board of Directors also elected Kelly J. Ferneau as Executive Vice President and Chief Nuclear Officer effective November 1, 2024.

Departed

Peggy I. Simmons

Executive Vice President - Regulatory and Chief Administrative Officer

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2024-10-31
Filed: October 31, 2024, 7:59 PM ET

On October 31, 2024, the Company announced that, effective October 31, 2024, the position of Executive Vice President - Regulatory and Chief Administrative Officer will be eliminated, resulting in Peggy I. Simmons separating from service with the Company.

Role change

Q. Shane Lies

Executive Vice President – Projects and Services

AEP · AMERICAN ELECTRIC POWER CO INC

Effective: 2024-11-01
Successor: Kelly J. Ferneau
Filed: October 31, 2024, 7:59 PM ET

On October 31, 2024, American Electric Power Company, Inc. (the “Company”) announced that Q. Shane Lies resigned as Executive Vice President and Chief Nuclear Officer of the company effective October 31, 2024 and has been elected by the Company’s Board of Directors as Executive Vice President – Projects and Services of the Company effective November 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christian T. Beam was elected as Executive Vice President – Senior Advisor at AMERICAN ELECTRIC POWER CO INC.

Action: elected
Role: Executive Vice President – Senior Advisor

Exact text from the filing

Effective October 31, 2024, Mr. Beam resigned as Executive Vice President – Energy Services of the Company and has been elected as Executive Vice President – Senior Advisor of the Service Corporation effective November 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kelly J. Ferneau was elected as Executive Vice President and Chief Nuclear Officer at AMERICAN ELECTRIC POWER CO INC.

Action: elected
Role: Executive Vice President and Chief Nuclear Officer

Exact text from the filing

The Board of Directors also elected Kelly J. Ferneau as Executive Vice President and Chief Nuclear Officer effective November 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peggy I. Simmons departed as Executive Vice President - Regulatory and Chief Administrative Officer at AMERICAN ELECTRIC POWER CO INC.

Action: separated
Role: Executive Vice President - Regulatory and Chief Administrative Officer

Exact text from the filing

On October 31, 2024, the Company announced that, effective October 31, 2024, the position of Executive Vice President - Regulatory and Chief Administrative Officer will be eliminated, resulting in Peggy I. Simmons separating from service with the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Q. Shane Lies was elected as Executive Vice President – Projects and Services at AMERICAN ELECTRIC POWER CO INC.

Action: elected
Role: Executive Vice President – Projects and Services

Exact text from the filing

On October 31, 2024, American Electric Power Company, Inc. (the “Company”) announced that Q. Shane Lies resigned as Executive Vice President and Chief Nuclear Officer of the company effective October 31, 2024 and has been elected by the Company’s Board of Directors as Executive Vice President – Projects and Services of the Company effective November 1, 2024.

View on SEC.gov

AMERICAN ELECTRIC POWER CO INC filing history →

Source: SEC EDGAR

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