Skip to main content

June 01, 2021

AEP Announces Executive Leadership Changes

COLUMBUS, Ohio, June 1, 2021– American Electric Power (Nasdaq: AEP) today announced several executive leadership changes to support the company’s strategic priorities, according to Nicholas K. Akins, AEP chairman, president and chief executive officer. The changes are effective July 1. 

Therace Risch

Therace M. Risch has been promoted to executive vice president and chief information & technology officer. Risch leads technology initiatives across AEP including information technology, innovation and digital initiatives. She will also oversee the company’s cyber and physical security organization, led by Stephen L. Swick, vice president and chief security officer. Risch will continue to report to Akins.

Charles E. Zebula, currently executive vice president – Energy Supply, has been named executive vice president – Portfolio Optimization and will continue to report to Akins. Zebula will lead operational and performance management and corporate asset strategy.

Greg B. Hall, president of AEP Energy Partners, has been promoted to executive vice president – Energy Supply, reporting to Akins. He will oversee AEP’s competitive businesses including AEP Generation Resources, AEP Energy, AEP OnSite Partners and AEP Renewables.

The position of Brian X. Tierney, executive vice president – Strategy, is being eliminated and he is leaving the company.

Charles Zebula

“I want to thank Brian for his leadership. He has helped AEP build a strong financial foundation and improve shareholder value through his strategic focus, and we wish him all the best in his future endeavors,” Akins said.

“These changes allow us to expand the experience of our leadership team in key areas of the business and ensure we have the right technologies, competitive solutions and strategic direction to enhance service for our customers, ensure grid security and support ongoing earnings growth.”

Risch, 48, joined AEP in May 2020 as senior vice president and chief information & technology officer. Previously, she was executive vice president and chief information officer for J.C. Penney Co.; executive vice president and chief information officer at COUNTRY Financial; and vice president of technology delivery services at Target Corp. Risch earned a bachelor's degree in mathematics and economics from Ripon College in Ripon, Wisconsin.

Zebula, 60, has served in his current role since 2013 and previously held leadership roles including senior vice president and treasurer, senior vice president – Fuel, Logistics and Emissions, and senior

Greg Hall

vice president – Asset & Production Management since joining AEP in 1998. He holds a bachelor’s degree in mining engineering and a master’s degree in mineral processing from The Pennsylvania State University, and earned a master’s degree in industrial administration from Carnegie Mellon University.

Hall, 49, was named to his current position in 2006. He began his career at AEP in 1997 and has held positions of increasing responsibility, including vice president – Energy Marketing. He holds a bachelor’s degree in geography from Brigham Young University and a master’s degree in geography from The Ohio State University.

American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s approximately 16,800 employees operate and maintain the nation’s largest electricity transmission system and more than 223,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.5 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 30,000 megawatts of diverse generating capacity, including more than 5,500 megawatts of renewable energy. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide. For more information, visit aep.com.

MEDIA CONTACT:   ANALYSTS CONTACT:
Sarah Devine
Corporate Media Relations
614/716-2011
  Darcy Reese
Vice President, Investor Relations
614/716-2614

Other News Releases

February 27, 2024

AEP Completes Sale of New Mexico Solar Assets

American Electric Power has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus). AEP nets approximately $104 million in cash after tax, transaction fees and other customary adjustments.

Read more

February 26, 2024

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
Read more