American Electric Power (Aep) Appoints William J. “Bill” Fehrman As President and CEO
Jun 28, 2024•over 1 year ago
Company
American Electric Power
Description
American Electric Power (AEP) has appointed William J. “Bill” Fehrman as president and chief executive officer effective August 1, 2024. Fehrman brings decades of utility operational leadership experience and in-depth knowledge of the energy industry.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months