December 14, 2012
AEP Announces Organizational Changes
Zebula to head energy supply; Sloat to become treasurer
COLUMBUS, Ohio, Dec. 14, 2012 – American Electric Power (NYSE:
“We are redefining our organization to better address the business challenges we face today and potential opportunities in the future,” Akins said.
Charles E. Zebula, currently treasurer and senior vice president – Investor Relations, will become executive vice president – Energy Supply, a new position reporting to Robert P. Powers, executive vice president and chief operating officer. Julie Sloat, currently vice president – Regulatory Case Management, will become treasurer and senior vice president. Sloat will report to Brian X. Tierney, executive vice president and chief financial officer.
Zebula will be responsible for separating
“
Functions reporting to Zebula will include Commercial Operations;
Sloat will replace Zebula as
“Julie is an obvious choice to replace Chuck as treasurer,” Akins said. “She’s a familiar face and name for bankers and investors from relationships she developed earlier in her career while in treasury and investor relations.”
The changes are effective Jan. 1, 2013.
American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states.
Pat D. Hemlepp
Director, Corporate Media Relations
614/716-1620
ANALYSTS CONTACT:
Julie Sherwood
Director, Investor Relations
614/716-2663
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