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AMERICAN ELECTRIC POWER COMPANY, INC.

(AEP)
  Report
Delayed Nasdaq  -  04:00 2022-09-26 pm EDT
95.63 USD   -2.16%
09/23Aep announces organizational, executive leadership changes
AQ
09/22Morgan Stanley Lowers American Electric Power Company's Price Target to $116 From $118, Maintains Overweight Rating
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09/22American Electric Power Co Inc : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
AQ
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AEP Finance Chief Sloat to Succeed Akins as President, CEO

08/10/2022 | 08:38am EDT

By Colin Kellaher


American Electric Power Co. on Wednesday said it designated Financial Chief Julie Sloat to succeed Nicholas Akins at the helm of the utility holding company.

The Columbus, Ohio, company said it named Ms. Sloat to the additional post of president, effective immediately, and said she would succeed Mr. Akins as chief executive on Jan. 1, 2023.

AEP said Mr. Akins, who has been president and CEO since 2011 and chairman since 2014, would become executive chairman and would remain an executive and officer of the company.

Ms. Sloat, 53 years old, joined AEP in 1999 and has been executive vice president and chief financial officer since January 2021.

AEP said it expects to name a new chief financial officer by the end of the year.


Write to Colin Kellaher at colin.kellaher@wsj.com


(END) Dow Jones Newswires

08-10-22 0837ET

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Analyst Recommendations on AMERICAN ELECTRIC POWER COMPANY, INC.
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Financials (USD)
Sales 2022 17 487 M - -
Net income 2022 2 529 M - -
Net Debt 2022 37 154 M - -
P/E ratio 2022 19,4x
Yield 2022 3,32%
Capitalization 49 128 M 49 128 M -
EV / Sales 2022 4,93x
EV / Sales 2023 5,01x
Nbr of Employees 16 688
Free-Float 97,8%
Chart AMERICAN ELECTRIC POWER COMPANY, INC.
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Technical analysis trends AMERICAN ELECTRIC POWER COMPANY, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 95,63 $
Average target price 106,73 $
Spread / Average Target 11,6%
EPS Revisions
Managers and Directors
Nicholas K. Akins Chairman & Chief Executive Officer
Julia A. Sloat President & Chief Financial Officer
Therace M. Risch EVP, Chief Information & Technology Officer
Lisa M. Barton Chief Operating Officer & Executive Vice President
Linda A. Goodspeed Independent Director
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