This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

AEP Announces Leadership Changes As Part Of Repositioning Effort

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 Relations.

"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 services.

"Dennis has played an increasing role externally, repeatedly demonstrating his skill and acumen in this area," Akins said.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs