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AEP Names Richard To Board Of Directors

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Tue Jan 22, 2013 10:34am EST

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COLUMBUS, Ohio,  Jan. 22, 2013  /PRNewswire/ -- Oliver G. "Rick" Richard III,
former chairman, president and chief executive officer of Columbia Energy Group,
has been elected to the American Electric Power (NYSE: AEP) Board of Directors.

Richard, 60, was chairman, president and chief executive officer of Columbia
Energy Group from 1995 to 2000. Previously, he served as chairman, president and
chief executive officer of New Jersey Resources Corp., as president and chief
executive officer of Northern Natural Gas Co. LLC, and as vice president and
general counsel of Tenngasco. Richard served as a commissioner on the Federal
Energy Regulatory Commission (FERC) from 1982 to 1985. Before joining FERC, he
served as legislative assistant for energy issues to U.S. Sen.  J. Bennett
Johnston  (D-La). Prior to that, he practiced tax law in  Louisiana.

"Rick's extensive experience in the natural gas business and deep knowledge of
the energy industry make him a valuable addition to our board," said  Nicholas
K. Akins, AEP president and chief executive officer. "His insights will be
important as we continue to transition our generation fleet, optimize our
investments in our regulated jurisdictions and grow our competitive transmission
and retail energy businesses."

Currently, Richard is president of Empire of the Seed, a consulting firm in the
energy, management, and private investments industries. He also serves as a
director of Buckeye Partners L.P. and Cheniere Energy Partners GP LLC and as
chairman of CleanFUEL  USA.

Richard earned a bachelor's degree in journalism and a juris doctorate from 
Louisiana State University. He earned a master's degree of law in taxation from 
Georgetown University.

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


Tammy Ridout, Corporate Media Relations, +1-614-716-2347

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