American Electric Power's (AEP) Appoints Nicholas Akins as CEO, Michael Morris Will Remain on Board

October 25, 2011 12:02 PM EDT
American Electric Power's (NYSE: AEP) Board of Directors has elected Nicholas K. Akins chief executive officer, effective Nov. 12. Akins, who will retain the position of president he has held since Jan. 1, will replace Michael G. Morris when Morris retires as CEO Nov. 11. Akins, 51, has also been elected to AEP's Board of Directors.

Morris, who will be 65 on Nov. 11, will continue as executive chairman of AEP's Board of Directors through Dec. 31, then serve as non-executive chairman of the board. Morris joined the company Jan. 1, 2004, as chairman, president and CEO. Carl English will retire as vice chairman, effective Dec. 31.


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