American Electric Power Names Bill Fehrman as New CEO
By Jace Dela Cruz
Jun 27, 2024 11:22 AM EDT
Jun 27, 2024 11:22 AM EDT
American Electric Power (AEP) has named Bill Fehrman its new chief executive officer, effective August 1, 2024. Fehrman will succeed Benjamin Fowke, who has been serving as interim CEO since February following an agreement with investor Carl Icahn to grant his representatives two board seats.
(Photo : Ken Toshima from Pixabay)
Bill Fehrman previously served as president and CEO of Centuri Holdings, where he played a crucial role in launching the company publicly and collaborating with regulated utilities to modernize energy infrastructure.
He also led Berkshire Hathaway Energy, overseeing substantial financial growth and customer service initiatives. His career also includes leading MidAmerican Energy Company, PacifiCorp Energy, and Nebraska Public Power District.
READ NEXT: GM Names Marc Whitten as New CEO of its Cruise Robotaxi Service
AEP's Board of Directors expressed confidence in Bill Fehrman's ability to drive operational excellence and deliver strong financial results. They highlighted his diverse expertise as vital to advancing AEP's strategic vision.
Fehrman will be the 13th president and ninth CEO in AEP's 118-year history, marking a new chapter for the company as it continues to evolve in a rapidly changing industry.
READ MORE: Goldman Sachs Appoints Hess CEO as New Independent Member of the Board of Directors
© 2024 VCPOST, All rights reserved. Do not reproduce without permission.
Join the Conversation