US Electric Power: AEP Namur Industry Veteran Bill Fehrman as President and CEO (2024)

Fehrman is an experienced leader with decades of industry experience and expertise
Benjamin G.S.Fowke III to act as a senior advisor during the transition and remains a board member

Columbus, Ohio, 26 June 2024 / Prnewswire / - American Electric Power's (Nasdaq: AEP) Board of Directors, William J. has chosen "Bill" Fehrman as president and CEO, in force on 1 August 2024.

Fehrman brings decades of operational management experience and in -depth knowledge of the energy sector.Modernize and maintain the energy infrastructure.

"Bill is a skilled leader and veteran from the industry with a proven ability to serve operational expertise, to produce strong financial results and to deliver customers and stakeholders," said Sara Martinez Tucker, chairman of the AEP sign."Nuts companies and a tool infrastructure company, and its expertise and unique perspectives, AEP, regulatory issues, security, cyber security and renewable energy will help promote our strategic vision.

Fehrman is the 13th president of AEP and the ninth CEO of the 118-year history of the company.Member will work as a senior adviser for months to guarantee a smooth transition.

"I have spent my entire career in the energy industry and I am honored to participate in a famous industrial leader such as AEP for a central time for the organization and our industry," Fehrman said.History of solid operational and financial results and focus on customers.

Tucker continued: "I would like to thank Ben for fulfilling this provisional CEO role and immediately provides unique leadership and guidance, setting up the company for success and managing value for our stakeholders. We are grateful that he as a senior adviser the validationwill serve to serve validation to the validation of ensuring a smooth transition and know that he will continue to play a key role in the design of our strategy as a member of the board of directors.

AEP also announced today that Linda A. Goodspeed will withdraw from the AEP board of directors from 31 July 2024.

"During her almost 20-year period on the board, Linda gave invaluable and management AEP while the company navigated in the changing industrial landscape," Tucker said.Best with retirement."

Om William J. "Bill" Fehrman
Fehrman, 63, has been president and CEO of Centuri Holdings since January and was previously president, CEO and director of Berkshire Hathaway Energy (BHE), a subsidiary of Berkshire Hathaway, since 2018. From 2007 to 2018, Fehrman was president and was President Ogceo forMidamerican Energy Company (MEC), taken over by BHE in 1999. He previously served in a number of roles, including senior vice president of BHE, President and CEO of Pacificorp Energy and President and CEO of Nebraska Public Power District .fehrman.Is currently a member of the Boards of Centuri Holdings, Inc.en Vestas Wind Systems a/S.HAN won a bachelor's degree in science in civil engineering from the University of Nebraska and an MBA from Regis University.

Over American Electric Power
At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable electricity.225,000 miles of distribution lines to deliver electricity to 5.6 million customers in 11 states.AEP is also one of the largest electricity producers in the country with approximately.29,000 Megawatt different generation capacity, including nearly 6,000 megawatt renewable energy.AEP will invest $ 43 billion over the next five years to make the electrical network cleaner and more reliable.- Levels in 2030 and have a goal to reach Zero in 2045. AEP is consistently recognized because of the focus on sustainability, community involvement and inclusion.AEP's Family of Companies includes utility companies 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 Sukahoma,Louisiana, East -Texas and Texas Panhandle).

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US Electric Power: AEP Namur Industry Veteran Bill Fehrman as President and CEO (2024)
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