COLUMBUS, Ohio, March 26, 2018 /PRNewswire/ -- American Electric Power (NYSE :AEP ) has been recognized as a 2020 Women on Boards Winning Company for having 20 percent or more board seats held by women. AEP's 12-member board includes three women, or 25 percent.
2020 Women on Boards, which reviewed the board composition of 3,192 companies for this recognition, is a non-profit grassroots campaign committed to increasing the percentage of women who serve on company boards to 20 percent or greater by 2020. The organization educates corporate stakeholders on the importance of board diversity and promotes examples of good corporate governance.
"AEP's culture embraces diversity, and we're focused on leveraging different experiences and perspectives at all levels of the company to help us make the best possible business decisions," said Nicholas K. Akins, AEP's chairman, president and chief executive officer. "We are honored to be recognized nationally for the significant contributions that our female board members make to our company's success."
AEP also is a member of Paradigm for Parity®, a coalition of employers committed to promoting gender parity, and a signatory of the CEO Action for Diversity & Inclusion pledge.
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 more than 17,000 employees operate and maintain the nation's largest electricity transmission system and more than 224,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 33,000 megawatts of diverse generating capacity, including 4,200 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 and east Texas). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners and AEP Renewables, which provide innovative competitive energy solutions nationwide.
SOURCE American Electric Power