Energy
Former Berkshire Hathaway Energy Executive Named New AEP CEO
- New hire replaces female CEO fired following short tenure
- Change comes after Carl Icahn added two directors to AEP board
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American Electric Power Co. selected utility veteran Bill Fehrman as its new chief executive after abruptly firing its head earlier this year.
Fehrman, 63, will join AEP on Aug. 1 after just seven months leading Centuri Holdings, an infrastructure services business. He formerly served as president and chief executive officer of Warren Buffett’s Berkshire Hathaway Energy Co.