On September 29, 2026, Alicia Knapp, President of Nuclear Development at American Electric Power (AEP), left the company involuntarily. Her departure triggers benefits under the Executive Severance Plan, including one times her current salary and target annual incentive compensation, along with prorated vesting of performance shares and restricted stock units. Ms. Knapp must sign a severance agreement releasing claims and agreeing to non-compete and confidentiality covenants for one year. American Electric Power operates in the electric utility industry, providing electricity generation and distribution services primarily in the Midwestern and Southern United States.
