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American Electric Power Co., Inc. (AEP)

56.58 0.22(0.39%) Nov 25, 4:05PM EST
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American Electric Power Co., Inc.
1 Riverside Plaza
Columbus, OH 43215
United States - Map
Phone: 614-716-1000

Index Membership:N/A
Industry:Electric Utilities
Full Time Employees:18,521

Business Summary 

American Electric Power Company, Inc., a public utility holding company, is engaged in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear energy, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. As of January 27, 2014, the company delivered electricity to approximately 5.3 million customers in 11 states comprising Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia. It also owned approximately 38,000 megawatts of generating capacity; and an electricity transmission network of 40,000-miles. In addition, the company transports liquid, coal, and dry bulk commodities primarily on the Ohio, Illinois, and lower Mississippi rivers. It owns and leases approximately 2,300 barges, 36 towboats, and 20 harbor boats. American Electric Power Company, Inc. was founded in 1906 and is headquartered in Columbus, Ohio.

Key Statistics

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Corporate Governance 
American Electric Power Co., Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 6; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Nicholas K. Akins , 54
Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee and Member of Policy Committee
Mr. Brian X. Tierney , 46
Chief Financial Officer and Exec. VP
Mr. Robert P. Powers , 59
Chief Operating Officer and Exec. VP
Ms. Lana L. Hillebrand , 53
Chief Admin. Officer and Sr. VP
Mr. David M. Feinberg , 44
Exec. VP, Gen. Counsel and Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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