ASP ANNOUNCES CHANGES TO EXTERNAL AFFAIRS ORGANIZATION LEADERSHIP

Columbus, Ohio, June 29, 2022 /PRNewswire/ — American Electric Power (Nasdaq: AEP) today announced several leadership changes in its external affairs organization to support the company’s regulatory, public policy and customer service strategies. The changes are effective July 2nd.

Matthew Satterwhite, currently Vice President – ​​Regulatory Services, has been promoted to Senior Vice President – ​​Regulatory Services. He will continue to report to Raja Sundararajanwho will become the company’s Executive Vice President – External Affairs July, 1st. Philippe Dion, currently Vice President and Acting Chief Client Officer, has been named Vice President – ​​Federal Affairs. He will report to Tony KavanaghSenior Vice President – ​​Government Affairs.

“AEP continues to transform to meet the changing expectations and needs of our customers. It is essential that we have experienced leadership to advocate for the most effective legislation, policies and rules that advance our goal of building cleaner, smarter energy infrastructure for the benefit of our customers,” said Sundararajan. “Matt and Phil’s expertise in developing regulatory and public policy strategies and engaging with stakeholders at state levels and federal will enhance our ongoing efforts to create the energy grid of the future.”

Stacey Gabbardcurrently Director – Client Services and Technology Integration, has been promoted to Vice President – ​​Client Operations, and will report to Sundararajan.

“Stacey’s strong leadership in improving business processes and data-driven operations, coupled with her regulatory knowledge, will be instrumental in our work to improve customer experience and support more personalized energy solutions,” Sundararajan said.

Prior to his current role, Satterwhite was President and Chief Operating Officer of Kentucky Power. He joined AEP in 2008 as a senior legal counsel and served as a state regulatory attorney to support Ohio, Indiana, Michigan and Kentucky. Satterwhite has held various leadership positions in the public sector, including the Supreme Court of OhioOffice of Ohio Attorney General and the Public Utilities Commission of Ohio. He received his bachelor’s degree in political science from the University of Kansas and a doctorate in law from Capital University.

Dion has held various leadership positions since joining AEP in 2015, including Vice President – Technology Business Development and Vice President – Customer Policy Solutions and Insights. Prior to AEP, he was Senior Vice President – Public Policy and Client Solutions, for UNS Energy Corp. and was the chief of staff of the former commissioner Marc Spitzer of the Federal Energy Regulatory Commission (FERC). Dion holds a bachelor’s degree in finance from the University of Arizona and a doctorate in law and a master’s degree in finance from Santa Clara University.

Gabbard joined AEP in 1990 as a field representative in the utility company of Oklahoma meter billing operations service. He has held positions of increasing responsibility within AEP, including Director – Customer Services Support and Manager – Customer Choice Process and System. Gabbard received his bachelor’s degree in psychology and his master’s degree in finance from the University of Tulsa.

American Electric Power, based in Columbus, Ohio, powers a cleaner, brighter energy future for its customers and communities. AEP’s approximately 16,700 employees operate and maintain the nation’s largest electric transmission system and more than 224,000 miles of distribution lines to safely deliver reliable, affordable power to 5.5 million regulated customers. in 11 states. AEP is also one of the largest electricity producers in the country with approximately 31,000 megawatts of diversified generation capacity, including more than 7,100 megawatts of renewable energy. Company plans include growing its renewable energy generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to achieve an 80% reduction in carbon dioxide emissions against 2000 levels by 2030 and is committed to achieving net zero by 2050. AEP is recognized for its focus on sustainability, community engagement, and diversity, equity, and inclusion. AEP’s family of companies includes 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 Oklahomaand Southwestern Electric Power Company (in Arkansas, Louisianais Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative and competitive energy solutions nationwide. For more information, visit aep.com.

SOURCE American Electric Power

Shirlene J. Manley