American Electric Power Names William Fehrman As President And CEO, Effective Aug. 1, 2024
Portfolio Pulse from Benzinga Newsdesk
American Electric Power (AEP) has announced that William Fehrman will become the new President and CEO effective August 1, 2024. Additionally, Linda A. Goodspeed will retire from the Board of Directors on July 31, 2024. Benjamin G.S. Fowke III will serve as a senior advisor during the transition and remain a Board member.
June 26, 2024 | 9:21 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
American Electric Power (AEP) has announced a leadership change with William Fehrman becoming the new President and CEO effective August 1, 2024. Linda A. Goodspeed will retire from the Board of Directors on July 31, 2024, and Benjamin G.S. Fowke III will serve as a senior advisor during the transition.
The appointment of a new CEO and the retirement of a Board member are significant events for AEP. Leadership changes can impact company strategy and investor confidence. The presence of a senior advisor during the transition may help ensure stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100