December 16, 2016
Transource Transmission Project Energized in Missouri
COLUMBUS, Ohio, Dec. 16, 2016 - A new transmission project built in Missouri by Transource Missouri LLC now is enhancing reliability and reducing transmission congestion in the state and region. The 180-mile Midwest Transmission Project was energized Dec. 15.
December 6, 2016
AEP Announces Organizational, Executive Leadership Changes
AEP has made organizational and executive leadership changes to support the company's strategic goals and executive succession plans, according to Nicholas K. Akins, AEP chairman, president and chief executive officer. The changes are effective Jan. 1, 2017.
December 5, 2016
AEP Named One Of The Best Places To Work For LGBT Equality
American Electric Power received a perfect score on the 2017 Corporate Equality Index, a national benchmark of workplace policies, benefits and practices for members of the lesbian, gay, bisexual and transgender (LGBT) communities sponsored by the Human Rights Campaign Foundation. AEP's score ranks the company among the 2017 Best Places to Work for LGBT Equality list.
November 1, 2016
AEP Reports Third-Quarter 2016 Earnings
- Third-quarter 2016 GAAP loss of $1.56 per share, primarily driven by impairment of competitive generation assets
- Third-quarter 2016 operating earnings of $1.30 per share
- 2016 operating earnings guidance increased and narrowed
- Investments in regulated businesses support continued earnings growth
October 25, 2016
AEP Increases Quarterly Dividend To 59 Cents A Share
The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 59 cents a share on the company's common stock, increasing the dividend 5.4 percent from the previous 56 cents a share. AEP last increased its dividend in October 2015.
October 21, 2016
AEP Schedules Live Webcast of Quarterly Earnings Meeting
AEP has scheduled a meeting with financial analysts Nov. 1 in New York to provide a strategic update and discuss the company's third-quarter 2016 earnings, which will be released that morning. The meeting begins at 8 a.m. EDT and will be broadcast live over the Internet at http://www.aep.com/webcasts.
September 8, 2016
AEP Names Sundararajan Vice President of Regulatory Services
American Electric Power has named Raja Sundararajan vice president - Regulatory Services, effective Sept. 12. Sundararajan is currently vice president - Transmission Asset Strategy and Policy for AEP. He will report to Bruce Evans, AEP's chief customer officer.
July 22, 2016
AEP Schedules Live Webcast of Quarterly Earnings Call
American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Thursday, July 28. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.
June 22, 2016
Fox To Lead Electric Transmission Texas
Kip M. Fox has been named president of Electric Transmission Texas LLC (ETT), a transmission utility jointly owned by subsidiaries of American Electric Power and Berkshire Hathaway Energy. Fox will report to Wade Smith, senior vice president - Grid Development at AEP. Fox replaces Calvin Crowder who left ETT in May.
May 16, 2016
AEP Names Evans Chief Customer Officer
American Electric Power has named Bruce Evans to a newly created position as senior vice president and chief customer officer effective June 1. Evans is currently president and chief operating officer of AEP Texas. Evans will report to Robert P. Powers, executive vice president and chief operating officer. Judith E. Talavera will replace Evans as AEP Texas president and chief operating officer.
April 26, 2016
AEP Names Dieck Treasurer; Sever Named Senior Vice President
American Electric Power has named Lonni L. Dieck senior vice president and treasurer. Dieck currently is senior vice president - Corporate Planning and Budgeting for AEP. Oliver J. "Ollie" Sever will succeed Dieck as AEP's senior vice president - Corporate Planning and Budgeting. Sever is currently managing director - Financial Forecasting for AEP. Both changes are effective May 2.
April 21, 2016
AEP Schedules Live Webcast of Quarterly Earnings Call
American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Thursday, April 28. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.
April 11, 2016
AEP Names Julie Sloat President And COO Of AEP Ohio
American Electric Power has named Julie A. Sloat president and chief operating officer of its AEP Ohio utility unit, effective May 2. Sloat currently is AEP's senior vice president and treasurer.
March 31, 2016
Federal Energy Regulatory Commission Issues Positive Order on Grid Assurance™ Filing
The Federal Energy Regulatory Commission (FERC) issued a positive order March 25 to Grid Assurance™ that provides regulatory clarity supporting transmission-owning entities participating in and subscribing to Grid Assurance™ as a way to strengthen transmission grid resiliency. Grid Assurance™ had requested determinations on several issues from FERC in December 2015.
January 21, 2016
AEP Schedules Live Webcast Of Quarterly Earnings Call
American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EST Thursday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.