Business Context and Reporting Period
This Form 8-K filing by American Electric Power Company, Inc. was submitted on September 22, 2009. The report discloses significant organizational changes regarding the appointment and departure of principal officers.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Appointment of CFO: Brian X. Tierney was elected Chief Financial Officer, effective October 1, 2009. He currently serves as Executive Vice President and Executive Vice President-East Utilities of American Electric Power Service Corporation.
- Departure of CFO: Holly Keller Koeppel, who served as CFO since 2006, will be pursuing opportunities outside the Company.
- Transition Plan: Ms. Koeppel will remain as an Executive Vice President through December 31, 2009, to assist with the transition of her responsibilities.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document is limited to the announcement of executive leadership changes.
Key Facts for Investor Verification
- Verify the effective date of Brian X. Tierney's new role as CFO (October 1, 2009).
- Confirm the transition timeline for Holly Keller Koeppel's departure (through December 31, 2009).
- Review the attached press release (Exhibit 99.1) for additional context on the organizational changes.