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While CEO of American Electric Power in 2009, Michael G. Morris earned a total compensation of $7,092,788, which included a base salary of $1,254,808, stocks granted worth $5,265,750, as well as $572,230 in other compensation.
For income investors, this electric utility is worth getting amped up about. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
Several notable energy companies are headquartered in Ohio, including American Electric Power, Columbia Gas of Ohio, ... [83] with an average salary of $68,000 annually.
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
American Electric Power's (AEP) Q3 results are likely to reflect mixed weather pattern impacts.
American Electric Power this week started a new round of job reductions, introducing a voluntary severance program that the power company says is necessary to cut the size of its workforce.
On May 1, 1999, The North American electric power industry tested and cleared 75 percent of the U.S. electricity system for compliance with the Year 2000 computer glitch. [citation needed] On August 31, 2004, American Electric Power Company's $10 billion acquisition of the Central and South West Corporation was approved. [42]
American Electric Power Company, Inc. (NASDAQ:AEP) reported the third quarter revenue of $5.42 billion, missing the consensus of $5.434 billion. Commercial load increased more than 10% year-over ...