Rising through the ranks of one company, Nicholas Akins would eventually lead a company that is even much bigger than the one he started out with.
Nicholas “Nick” Akins holds a bachelor’s degree in electrical engineering from Louisiana Tech University which he earned in 1982. He also obtained a master’s degree in electrical engineering from the same institution in 1986. Nick rose through the ranks at Central and South Western Corp. (CSW) before the company merged with American Electric Power (AEP) in 2000.
He served as vice president of industry restructuring for AEP then vice president of energy marketing services. Nick served as president and chief operating officer for Southwestern Electric Power Company from 2004 to 2006. He then served as AEP’s executive vice president of generation from 2006 to 2010.
Since 2010, Nick has been the CEO and president of AEP. In the company’s history he is the tenth president and sixth CEO.
American Electric Power Co., Inc. is headquartered in Columbus, Ohio and generates annual sales of more than $17 billion with around 21,830 employees. It is a public utility holding company that engages in the business of generation, transmission and distribution of electricity. AEP does business through the following segments: Vertically Integrated Utilities, Transmission & Distribution Utilities, AEP Transmission Holdco, Generation & Marketing and AEP River Operations.
The Vertically Integrated Utilities segment engages in the generation, transmission and distribution of electricity for sale to retail and wholesale customers through assets owned and operated by its subsidiaries. The AEP Transmission Holdco segment engages in the development, construction and operation of transmission facilities through investments in wholly owned transmission subsidiaries and joint ventures.
The Generating & Marketing segment engages in non-regulated generation: and marketing, risk management and retail activities. The AEP River Operations segment engages in the commercial barging operations that transports liquids, coal, and dry bulk commodities primarily on the Ohio, Illinois and lower Mississippi Rivers.
The company was founded on December 20, 1906.
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