Summary
American Electric Power Company, Inc. (AEP) announced a significant leadership transition effective January 1, 2021. Lisa M. Barton has been elected as the new Executive Vice President and Chief Operating Officer, bringing extensive experience from her previous roles within the company, including Executive Vice President – Utilities and Executive Vice President — Transmission. Further bolstering its executive team, Brian X. Tierney will transition to Executive Vice President — Strategy, leveraging his long-standing tenure as Executive Vice President and Chief Financial Officer. Julia A. Sloat is appointed as the new Executive Vice President and Chief Financial Officer, moving from her recent role as Senior Vice President and Treasurer. These appointments signal a strategic realignment and continuity in leadership for AEP.
Key Highlights
- 1Lisa M. Barton appointed as Executive Vice President and Chief Operating Officer, effective January 1, 2021.
- 2Brian X. Tierney appointed as Executive Vice President — Strategy, effective January 1, 2021.
- 3Julia A. Sloat appointed as Executive Vice President and Chief Financial Officer, effective January 1, 2021.
- 4The appointments reflect internal promotions and a planned succession within key executive roles.
- 5These changes indicate a focus on operational efficiency and strategic growth initiatives.
- 6The press release detailing these appointments is attached as Exhibit 99.1.