December 14, 2011
Peifer To Oversee Ohio Valley Electric Corporation
COLUMBUS, Ohio, Dec. 14, 2011 – Mark Peifer has been named vice president and assistant to the president of Ohio Valley Electric Corporation (OVEC), effective Jan. 1, 2012, according to Nicholas K. Akins, president of OVEC and president and chief executive officer of American Electric Power (
“Mark’s depth of experience and expertise in the generation business will serve us well as we continue to provide low-cost electricity to OVEC’s sponsoring companies while maintaining an exemplary record of safety and environmental performance,” Akins said.
Peifer will be responsible for all OVEC activities including operation of 2,386 megawatts of coal-fired generating capacity at Clifty Creek Station in Madison, Ind., and Kyger Creek Station in Cheshire, Ohio; 776 circuit miles of 345-kilovolt transmission lines; and the corporation’s environmental and financial activities. He will succeed Scott N. Smith, who is joining
Peifer has served as vice president of generating assets for
He earned a bachelor’s degree in analytical management from the United States Naval Academy and completed the Harvard Business School Advanced Management Program.
OVEC and its wholly-owned subsidiary, Indiana-Kentucky Electric Corporation, were organized in October 1952 by 15 sponsoring utilities. Parent companies of the sponsoring utilities are American Electric Power (NYSE:
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