American Electrical Energy (AEP) has appointed William J. “Invoice” Fehrman as president and chief govt officer efficient August 1, 2024. Fehrman brings many years of utility operational management expertise and in-depth data of the vitality trade, AEP stated in a media launch.
Most lately the 63-year-old Fehrman served as president and CEO of Centuri Holdings, which he helped launch as a public firm. Earlier than that, he was president and CEO of Berkshire Hathaway Power and likewise led MidAmerican Power Firm, PacifiCorp Power, and Nebraska Public Energy District as president and CEO.
“His numerous background in finance, operations, regulatory issues, security, cybersecurity, and renewable vitality will probably be instrumental to advancing our strategic imaginative and prescient”, stated Sara Martinez Tucker, chairman of the AEP Board of Administrators. “As our trade continues to vary quickly, the Board is assured that Invoice is the appropriate individual to grab the alternatives forward and lead AEP on this subsequent chapter”.
Fehrman is AEP’s thirteenth president and ninth CEO within the firm’s 118-year historical past. He’ll succeed Ben Fowke, who has been serving as interim CEO since February 2024. Fowke was elected to the Board in 2022 and can proceed as a board member. He’ll function a senior advisor for a number of months to make sure a easy transition.
Moreover, Linda A. Goodspeed is retiring from the corporate’s Board of Administrators, efficient July 31, 2024.
“All through her almost 20-year tenure on the Board, Linda has offered invaluable counsel and management to AEP as the corporate navigated the altering trade panorama”, Tucker stated.
To contact the creator, e-mail andreson.n.paul@gmail.com
What do you suppose? We’d love to listen to from you, be part of the dialog on the
Rigzone Power Community.
The Rigzone Power Community is a brand new social expertise created for you and all vitality professionals to Converse Up about our trade, share data, join with friends and trade insiders and interact in knowledgeable group that may empower your profession in vitality.