COLUMBUS, Ohio, Aug. 6 /PRNewswire-FirstCall/ -- Charles E. Zebula has
been named senior vice president and treasurer of American Electric Power
(NYSE: AEP), the company announced today. The change is effective Sept. 1.
Zebula, 48, was previously senior vice president - fuel, emissions and
logistics for AEP. In his new position, Zebula will be responsible for
AEP's treasury and investor relations activities. He will report to Holly
Koeppel, executive vice president and chief financial officer. Zebula
replaces Julie Sloat, who left the company.
"Chuck put together a fuel and logistics organization that is the best
in the business at managing the financial and logistical risks related to
supplying fuel for our vast fleet of power plants," said Michael G. Morris,
AEP's chairman, president and chief executive officer. "These new
responsibilities provide Chuck with an opportunity to build on that
experience while strengthening our management team. This also fits with our
commitment to develop our next generation of senior leaders from within our
organization."
Timothy K. Light, 50, currently vice president - power projects and
asset investments in AEP's Commercial Operations group, will replace Zebula
as senior vice president - fuel, emissions and logistics. He will report to
Nick Akins, executive vice president - generation, and will be responsible
for all fuel purchases and transportation logistics to AEP power plants;
emissions marketing and position management; and purchasing of bulk
commodities needed for post-combustion emission controls. Light will also
be responsible for the management of AEP's River Operations, Cook Coal
Terminal, mining activities and rail car maintenance. Light's promotion is
effective Sept. 1.
Zebula has served as senior vice president - fuel, emissions and
logistics since 2004. Prior to being named to that position, Zebula was
senior vice president - asset and production management for AEP. Before
joining AEP in 1998, Zebula was a senior associate for Putman, Hayes &
Bartlett, an economic and management consulting firm located in Washington,
D.C. Zebula also served as a process engineer with ICF Kaiser Engineers and
GAF Corporation.
Zebula earned a Bachelor of Science degree in mining engineering and a
Master of Science degree in mineral processing from The Pennsylvania State
University. He received a Master of Science degree in Industrial
Administration from Carnegie Mellon University.
Light has served as vice president - power projects and asset
investments since 2002, responsible for acquisitions and divestitures,
renewable energy initiatives, structuring and market analysis, and joint
venture management. Prior to being named to that position, he served as
executive director - business development, responsible for leading AEP's
wind energy development and acquisition program. Light held positions in
business development, fuel procurement and accounting at Central & South
West Corp. prior to that company's merger with AEP in 2000.
Light holds a bachelor's degree in business administration from Middle
Tennessee State University and completed the Baylor University Management
Development Program.
American Electric Power is one of the largest electric utilities in the
United States, delivering electricity to more than 5 million customers in
11 states. AEP ranks among the nation's largest generators of electricity,
owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also
owns the nation's largest electricity transmission system, a nearly
39,000-mile network that includes more 765 kilovolt extra-high voltage
transmission lines than all other U.S. transmission systems combined. AEP's
transmission system directly or indirectly serves about 10 percent of the
electricity demand in the Eastern Interconnection, the interconnected
transmission system that covers 38 eastern and central U.S. states and
eastern Canada, and approximately 11 percent of the electricity demand in
ERCOT, the transmission system that covers much of Texas. AEP's utility
units operate as 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 and east Texas). AEP's
headquarters are in Columbus, Ohio.
SOURCE American Electric Power
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Related links:
http://www.aep.com
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CONTACT:
Media, Pat D. Hemlepp, Director, Corporate
Media Relations, +1-614-716-1620; or Analysts, Julie Sherwood,
Director, Investor Relations, +1-614-716-2663, both of American
Electric Power
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