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AEP Names Industry Veteran Bill Fehrman as President and Chief Executive Officer

  • Fehrman is an accomplished leader with decades of industry experience and expertise

  • Benjamin G.S. Fowke III to serve as senior advisor during transition and remain a Board member

American Electric Power’s  Board of Directors has elected William J. “Bill” Fehrman as president and chief executive officer, effective Aug. 1, 2024.

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AEP Retains AEP Energy, Reaffirms 2024 Earnings Guidance

American Electric Power announced today it will retain its retail energy business, AEP Energy. The company is reaffirming its 2024 operating earnings guidance of $5.53 to $5.73 per share, long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%.

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AEP Signs Agreement to Sell Distributed Resources Business to Basalt

American Electric Power has entered into an agreement to sell its distributed resources business, AEP OnSite Partners (“OnSite”), to funds advised by Basalt Infrastructure Partners LLC. AEP expects to net approximately $315 million in cash after taxes and transaction fees, subject to customary closing adjustments. The sale is expected to close in the third quarter of 2024, pending regulatory approvals.

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Celebrating Our Engineers

Engineers' expertise and creativity enable us to provide our customers with safer, more reliable power, making way for a brighter energy future.

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Media Contacts

Questions about AEP? Please email us at

To reach individual media relations staff, contact:

Tammy Ridout
Managing Director – External Communications

Scott Blake
Director – Media Relations & Policy Communications

Sarah Devine
Principal Communications Consultant

Alexis Bartolomucci
Senior Communications Consultant