leadership
confidence high
sentiment negative
materiality 0.45
AEP nuclear development president Alicia Knapp exits in involuntary separation
AMERICAN ELECTRIC POWER CO INC
- Alicia Knapp, President Nuclear Development at American Electric Power, left the company on September 29, 2026; the filing calls the separation involuntary.
- Severance under AEP's Executive Severance Plan: one times current salary plus target annual incentive compensation, conditioned on her signing a severance, release and noncompetition agreement.
- Package also includes prorated vesting of performance shares and restricted stock units under AEP's long-term incentive plan.
- Agreement terms would bar Knapp from competing with AEP for one year and re-affirm non-solicitation, confidentiality, non-disparagement and cooperation covenants; no successor named.
- 8-K signed September 30, 2026 by Assistant Secretary David C. House; no reason for the departure or replacement plan disclosed.