Position
Chief Executive Officer
Company
American Electric Power
Description
American Electric Power (AEP) has announced several organizational changes designed to improve services for customers and support better execution and engagement. These changes, effective Sept. 1, include the appointment of Peggy Simmons as executive vice president of regulatory and chief administrative officer, and the promotion of Chief Nuclear Officer Shane Lies to executive vice president.
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