United States

People: American Electric Power Company Inc (AEP)

AEP on New York Consolidated

23 Feb 2017
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Akins, Nicholas 

Mr. Nicholas K. Akins has been appointed as Chairman of the Board, President, Chief Executive Officer of the Company. He has been appointed as Chief Executive Officer, Director of the Company effective Nov. 12, 2011. Prior to this, Akins was vice president -- energy marketing services, responsible for directing the activities of Market Development, including the transmission marketing and services functions, and Energy Delivery External Affairs including community affairs, economic development, and advocacy for regulatory and legislative positions within Energy Delivery. Akins also was vice president -- industry restructuring for AEP, responsible for enterprise program management for restructuring initiatives in preparation for customer choice in AEP's various jurisdictions. Before Central and South West Corp.'s (CSW) merger with AEP, he served in director and manager roles within CSW and its operating companies mergers and acquisitions, industry restructuring, fuels, system dispatch operations and system planning. He received a bachelor's degree in electrical engineering in 1982 from Louisiana Tech University in Ruston and a master's degree in electrical engineering in 1986 also from Louisiana Tech. He has completed executive management programs at Louisiana State University, the University of Idaho and the Reactor Technology Course for Utility Executives at the Massachusetts Institute of Technology. He serves as vice chairman of the Electric Power Research Institute (EPRI) and on the boards of the Mid-Ohio Food Bank, the Greater Columbus Arts Council, the Wexner Center for the Arts and the National Association of Manufacturers. He was Executive Vice President – Generation from September 2006 to December 2010.

Basic Compensation

Total Annual Compensation, USD 4,429,900
Restricted Stock Awards, USD 6,719,980
Long-Term Incentive Plans, USD --
All Other, USD 302,685
Fiscal Year Total, USD 11,452,600

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --