COLUMBUS, Ohio - American Electric Power (AEP) has been recognized as a Winning W Company for having 20% or more board seats held by women. AEP’s 13-member board includes four women, or 31%.
2020 Women on Boards is a non-profit grassroots campaign committed to increasing the percentage of women who serve on company boards to 20% or greater by 2020. Nearly one fourth of public companies in the U.S. have no female directors on their boards.
This is the second consecutive year AEP has been recognized by 2020 Women on Boards for board diversity.
“From our leadership to our team members on the front lines, AEP is committed to creating a diverse, engaged workforce,” said Nicholas K. Akins, AEP chairman, president and chief executive officer. “We’re fortunate to have four talented women on our board and appreciate how their valuable perspectives and experiences help guide us in the important work of both our board and the company.”
Columbus, Ohio-based AEP employs about 18,000 men and women to operate and maintain the nation’s largest electricity transmission system and nearly 220,000 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.
This year, AEP also was included in the 2019 Bloomberg Gender-Equality Index for its commitment to gender reporting and advancing women’s equality. AEP 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.