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AEP Reports 2023 Earnings Results

  • Year-end 2023 GAAP earnings of $4.26 per share; operating earnings of $5.25 per share
  • 2024 operating earnings (non-GAAP) guidance range reaffirmed at $5.53 to $5.73 per share with long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%
  • Company advances strategic initiatives including de-risking the business, controlling costs and investing in a modern and reliable grid to benefit customers
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AEP Announces CEO Transition

  • AEP Board Member and Former Chairman and CEO of Xcel Energy, Benjamin G.S. Fowke III, Appointed Interim CEO & President
  • AEP Lead Director Sara Martinez Tucker Named Chair of the Board

American Electric Power today announced that Benjamin G.S. Fowke III, a member of the company’s Board of Directors and the former chairman and CEO of Xcel Energy, Inc., has been appointed interim chief executive officer and president, effective immediately.

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AEP Appoints Two New Directors

Company enters into an agreement with Icahn Capital L.P.

American Electric Power today announced that it has entered into an agreement with Icahn Capital L.P. and certain of its affiliates, under which Hunter C. Gary, senior managing director at Icahn Enterprises L.P., and Henry (“Hank”) P. Linginfelter, retired executive vice president of Southern Company Gas, will join AEP’s Board of Directors, effective today.

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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 mediarelations@aep.com.

To reach individual media relations staff, contact:

Tammy Ridout
Managing Director – External Communications
614-716-2347

Scott Blake
Director – Media Relations & Policy Communications
614-716-1938

Sarah Devine
Principal Communications Consultant
614-716-2011

Alexis Bartolomucci
Senior Communications Consultant
614-716-2942