AEP Announces Leadership Changes As Part Of Repositioning Effort
COLUMBUS, Ohio, Nov. 27, 2012
COLUMBUS, Ohio, Nov. 27, 2012 /PRNewswire/ -- American Electric Power (NYSE:
AEP) has announced organizational and executive leadership changes as part of
a corporate-wide repositioning effort, according to Nicholas K. Akins, AEP
president and chief executive officer.
"These leadership changes and the process improvements that result from the
ongoing repositioning effort are designed to position the company for success
in a rapidly changing business environment," Akins said.
Lana L. Hillebrand will join AEP as senior vice president and chief
administrative officer, reporting to Akins. Hillebrand is currently with Aon
Hewitt, where she has worked since 2001, most recently as the South Region
Leader – Senior Partner in Dallas. Prior to joining Aon Hewitt, Hillebrand
spent 18 years in a variety of positions with Central & South West
Corporation, an electric utility holding company that merged with AEP in 2000.
Hillebrand has a Bachelor of Business Administration from the University of
Texas at Austin and has completed executive programs at Columbia University
and Harvard University. Reporting to Hillebrand will be Tracy A. Elich, vice
president-Human Resources; Alberto G. Ruocco, vice president and chief
information officer; and Thomas P. Householder, managing director-Labor
"I am thrilled that Lana is going to rejoin the company, bringing her wealth
of experience to the challenging role of chief administrative officer for
AEP," Akins said.
Dennis E. Welch, currently executive vice president and chief administrative
officer, will become executive vice president and chief external officer and
will continue to report to Akins. In this role, Welch will be responsible for
governmental affairs, environmental affairs and services, corporate
communications, safety and health, corporate sustainability, strategic policy
analysis, corporate security and aviation, and real estate and workplace
"Dennis has played an increasing role externally, repeatedly demonstrating his
skill and acumen in this area," Akins said.
Barbara D. Radous, currently senior vice president-Shared Services, will
become senior vice president-Repositioning & Program Management Office,
reporting to David M. Feinberg, senior vice president, general counsel and
secretary. Sandra K. Williams, vice president and chief compliance officer,
also will become a new report to Feinberg.
"Barbara has been asked to use her expertise to focus on the critical task of
ensuring that the actions we are taking to reposition the company are
implemented successfully and are sustainable," Akins said.
Craig T. Rhoades, currently vice president-Customer Services, Marketing &
Distribution Services, will become vice president-Supply Chain, Procurement &
Fleet, reporting to Brian X. Tierney, executive vice president and chief
"Craig has been an exceptional leader in his current role with the company,"
Akins said. "We are now looking for him to apply his expertise and keen
insights in the management of our Supply Chain, Procurement & Fleet
organization. Doing so will expand his experience, and I am confident will
lead to very positive results for the company."
With the exception of Hillebrand, who will join AEP Dec. 17, all other 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.
AEP ranks among the nation's largest generators of electricity, owning nearly
38,000 megawatts of generating capacity in the U.S. AEP also owns the nation's
largest electricity transmission system, a nearly 39,000-mile network that
includes more 765-kilovolt extra-high voltage transmission lines than all
other U.S. transmission systems combined. AEP's transmission system directly
or indirectly serves about 10 percent of the electricity demand in the Eastern
Interconnection, the interconnected transmission system that covers 38 eastern
and central U.S. states and eastern Canada, and approximately 11 percent of
the electricity demand in ERCOT, the transmission system that covers much of
Texas. AEP's utility units operate as 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
Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas).
AEP's headquarters are in Columbus, Ohio.
SOURCE American Electric Power
Contact: Pat D. Hemlepp, Director, Corporate Media Relations, +1-614/716-1620
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