CEO and President Director, Member of Executive Committee and Member of Policy Committee
Mr. Nicholas K. Akins is President, Chief Executive Officer, Director of American Electric Power Co, Inc. He was 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 various jurisdictions. Before Central and South West Corporationration 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 degree in electrical engineering in 1982 from Louisiana Tech University in Ruston and a master 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 and on the boards of the MidOhio Food Bank, the Greater Columbus Arts Council, the Wexner Center for the Arts and the National Association of Manufacturers.
The company has Return on Asset of 3.51 % which means that on every $100 spent on asset it made $3.51 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 8.16 % implying that it generated $8.16 on every 100 dollars invested.
The company has 18.89 B in debt with debt to equity (D/E) ratio of 1.22 which is OK given its current industry classification. American Electric Power Co Inc has Current Ratio of 0.7 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electric power to retail customers. American Electric Power Co Inc [AEP] is traded on New York Stock Exchange in USA. It is located in American Electric Power Co., Inc.Columbus, OH and employs 18,513 people. Filter other
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NYSE American Electric Power Co Inc
-0.06% 
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