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American Electric Power ( (AEP) ) has provided an update.
American Electric Power (AEP) announced the appointment of Trevor I. Mihalik as Executive Vice President and Chief Financial Officer, effective January 20, 2025. Mihalik, bringing over 34 years of experience in the energy industry, will succeed Charles E. Zebula, who will transition to a senior advisor role before his retirement. This leadership change is expected to strengthen AEP’s strategic initiatives, enhance operational performance, and support its multibillion-dollar capital plan as it aims to deliver value to regulators, customers, and shareholders.
More about American Electric Power
American Electric Power (AEP) is a major utility company headquartered in Columbus, Ohio, focused on delivering reliable and affordable power. It operates the nation’s largest electric transmission system and serves 5.6 million customers in 11 states. AEP is one of the largest electricity producers in the U.S. with approximately 29,000 megawatts of generating capacity and invests significantly in enhancing service and meeting growing energy demands.
YTD Price Performance: -1.76%
Average Trading Volume: 2,733,911
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $48.1B
See more data about AEP stock on TipRanks’ Stock Analysis page.
