COLUMBUS, Ohio, Dec. 10, 2020 /PRNewswire/ -- American
Electric Power (Nasdaq: AEP) today announced leadership
changes in the company's Finance and Corporate Communications
organizations, effective Jan. 1.
2021.
Julie A. Sherwood, has been named
senior vice president, Treasury & Risk. She replaces
Julie Sloat, who will become
executive vice president and chief financial officer Jan. 1. Sherwood currently serves as senior vice
president, Commercial Operations. She will report to Sloat.
Melissa A. McHenry has been named
senior vice president, Communications & Marketing. She will
replace Dale E. Heydlauff, who is
retiring from the company Dec. 31.
McHenry currently serves as managing director, external
communications. She will report to Charles
R. Patton, executive vice president, External Affairs.
Sherwood, 50, will be responsible for all elements of the
treasury function including working with bankers, investors and
rating agencies to support AEP's capital market needs; cash flow
management and forecasting; development of capitalization strategy
and monitoring of key credit metrics; and management of AEP's
trusts and investments. She also will have responsibility for
comprehensive management of the corporation's risks.
"In addition to her proven leadership skills and focus on
results, Julie brings deep financial and operational experience to
this role that will strengthen our ability to continue investing in
the energy system of the future to benefit our customers and
deliver value to shareholders," Sloat said.
McHenry, 52, will have responsibility for enterprise-wide
internal and external communications, reputation management, policy
communications, marketing, brand management, digital communications
channels, social media, creative services, and oversight of
corporate contributions and community relations.
"As we focus on delivering cleaner energy, new technologies
and custom energy solutions to our customers, Melissa's
communications expertise and demonstrated strategic vision will
help us continue to tell AEP's story and enhance our relationships
with our employees, customers and key stakeholders, positioning us
for future success," Patton said.
Sherwood has served as senior vice president, Commercial
Operations, since 2018, overseeing energy marketing, energy
trading, renewable energy, market operations, fuel procurement and
commercial and financial analysis for AEP's regulated business
units. Previously, she was vice president, Market Operations since
2014. Sherwood joined AEP in 2004 as manager, External Financial
Reporting. She was promoted to director, External Financial
Reporting that same year and became director, Investor Relations in
2007. Prior to joining AEP, she was a senior audit manager with
accounting firm KPMG LLP and served as an officer in the U.S. Army
Finance Corps. A certified public accountant, Sherwood holds a
bachelor's degree in business administration from Eastern Washington University. She is a member of
the American Institute of Certified Public Accountants, and serves
on the board of the American Red Cross Buckeye Region and
Directions for Youth & Families.
McHenry has held progressive leadership roles in media relations
and external communications at AEP since 2002 and previously led
communications for AEP's Kentucky Power operating utility
subsidiary. Before joining AEP, McHenry worked as communications
officer for the Attorney General of West
Virginia and in marketing and public relations at a hospital
in Ashland, Kentucky. She has a
bachelor's degree in Journalism from Marshall
University in Huntington,
W.Va., where she was a Yeager Scholar. She is accredited in
Public Relations by the Public Relations Society of America and has
completed the G100 Women's Leadership Acceleration Program, the ELI
Leadership Development Lab, Leadership Columbus, Leadership
Kentucky and the AEP/Ohio State Strategic Leadership Program.
McHenry serves as vice chair of the governing board for Children's
Hunger Alliance and is a member of the boards of directors for WOSU
Public Media and The Women's Fund.
American Electric Power, based in Columbus, Ohio, is focused on building a
smarter energy infrastructure and delivering new technologies and
custom energy solutions to our customers. AEP's approximately
17,000 employees operate and maintain the nation's largest
electricity transmission system and more than 221,000 miles of
distribution lines to efficiently deliver safe, reliable power to
nearly 5.5 million regulated customers in 11 states. AEP also is
one of the nation's largest electricity producers with
approximately 30,000 megawatts of diverse generating capacity,
including more than 5,300 megawatts of renewable energy. AEP's
family of companies includes utilities AEP Ohio, AEP Texas,
Appalachian Power (in Virginia and
West Virginia), AEP Appalachian
Power (in Tennessee), Indiana
Michigan Power, Kentucky Power, Public Service Company of
Oklahoma, and Southwestern
Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas
Panhandle). AEP also owns AEP Energy, AEP Energy Partners,
AEP OnSite Partners, and AEP Renewables, which provide innovative
competitive energy solutions nationwide. For more information,
visit aep.com
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SOURCE American Electric Power