AEP Names Joseph Sauvage to Board of Directors
American Electric Power (AEP) has elected Joseph G. Sauvage to its Board of Directors. Sauvage brings extensive experience as the former vice chairman and chairman of Global Power, Utilities and Renewables at Citigroup, where he led the practice for over 16 years.
Prior to Citigroup, Sauvage held key positions at Lehman Brothers, including vice chairman and global head of Power, Utilities and Renewables. His background includes service on the Wall Street Advisory Group and the Electric Power Research Institute Advisory Council.
AEP Board Chairman Sara Martinez Tucker highlighted Sauvage's deep industry understanding and market dynamics expertise. CEO Bill Fehrman emphasized his strategic and financial expertise will support AEP's investments in modern energy systems and load growth initiatives.
The announcement also noted that Donna James has stepped down from the Board for personal reasons.
American Electric Power (AEP) ha nominato Joseph G. Sauvage nel suo Consiglio di Amministrazione. Sauvage porta con sé una vasta esperienza, avendo ricoperto i ruoli di vicepresidente e presidente del settore Global Power, Utilities and Renewables presso Citigroup, dove ha guidato questa divisione per oltre 16 anni.
Prima di Citigroup, Sauvage ha occupato posizioni chiave presso Lehman Brothers, tra cui vicepresidente e responsabile globale di Power, Utilities and Renewables. Il suo percorso include anche la partecipazione al Wall Street Advisory Group e al Electric Power Research Institute Advisory Council.
La presidente del Consiglio di AEP, Sara Martinez Tucker, ha sottolineato la profonda conoscenza del settore e l’esperienza di Sauvage nelle dinamiche di mercato. L’amministratore delegato Bill Fehrman ha evidenziato come la sua competenza strategica e finanziaria sosterrà gli investimenti di AEP nei sistemi energetici moderni e nelle iniziative di crescita della domanda.
È stato inoltre comunicato che Donna James si è dimessa dal Consiglio per motivi personali.
American Electric Power (AEP) ha elegido a Joseph G. Sauvage para su Junta Directiva. Sauvage aporta una amplia experiencia como ex vicepresidente y presidente de Global Power, Utilities and Renewables en Citigroup, donde lideró esta área durante más de 16 años.
Antes de Citigroup, Sauvage ocupó cargos clave en Lehman Brothers, incluyendo vicepresidente y jefe global de Power, Utilities and Renewables. Su trayectoria incluye participación en el Wall Street Advisory Group y el Electric Power Research Institute Advisory Council.
La presidenta de la Junta de AEP, Sara Martinez Tucker, destacó el profundo conocimiento de la industria y la experiencia en dinámicas de mercado de Sauvage. El CEO Bill Fehrman enfatizó que su pericia estratégica y financiera apoyará las inversiones de AEP en sistemas energéticos modernos y en iniciativas de crecimiento de la demanda.
También se informó que Donna James ha renunciado a la Junta por motivos personales.
American Electric Power (AEP)는 Joseph G. Sauvage를 이사회 멤버로 선임했습니다. Sauvage는 Citigroup에서 16년 이상 Global Power, Utilities and Renewables 부문 부회장 및 회장을 역임하며 풍부한 경험을 쌓았습니다.
Citigroup 이전에는 Lehman Brothers에서 부회장 겸 전 세계 Power, Utilities and Renewables 책임자를 맡았으며, Wall Street Advisory Group 및 Electric Power Research Institute Advisory Council에서 활동한 경력이 있습니다.
AEP 이사회 의장 Sara Martinez Tucker는 Sauvage의 깊은 업계 이해와 시장 동향 전문성을 강조했습니다. CEO Bill Fehrman은 그의 전략적·재무적 전문성이 AEP의 현대 에너지 시스템 투자와 부하 성장 이니셔티브를 지원할 것이라고 밝혔습니다.
또한 Donna James가 개인 사유로 이사회에서 물러났다는 소식도 전해졌습니다.
American Electric Power (AEP) a nommé Joseph G. Sauvage au sein de son Conseil d'administration. Sauvage apporte une vaste expérience en tant qu'ancien vice-président et président de la division Global Power, Utilities and Renewables chez Citigroup, où il a dirigé cette activité pendant plus de 16 ans.
Avant Citigroup, Sauvage a occupé des postes clés chez Lehman Brothers, notamment vice-président et responsable mondial de Power, Utilities and Renewables. Son parcours inclut également sa participation au Wall Street Advisory Group et au Electric Power Research Institute Advisory Council.
La présidente du conseil d'administration d'AEP, Sara Martinez Tucker, a souligné la profonde connaissance de l'industrie et l'expertise de Sauvage en matière de dynamique de marché. Le PDG Bill Fehrman a insisté sur le fait que son expertise stratégique et financière soutiendra les investissements d'AEP dans les systèmes énergétiques modernes et les initiatives de croissance de la demande.
Il a également été annoncé que Donna James a démissionné du conseil pour des raisons personnelles.
American Electric Power (AEP) hat Joseph G. Sauvage in seinen Vorstand berufen. Sauvage bringt umfangreiche Erfahrung als ehemaliger Vizevorsitzender und Vorsitzender von Global Power, Utilities and Renewables bei Citigroup mit, wo er über 16 Jahre lang die Abteilung leitete.
Vor seiner Zeit bei Citigroup hatte Sauvage wichtige Positionen bei Lehman Brothers inne, darunter Vizevorsitzender und globaler Leiter für Power, Utilities and Renewables. Sein Hintergrund umfasst auch die Mitarbeit in der Wall Street Advisory Group und im Electric Power Research Institute Advisory Council.
Die Vorsitzende des AEP-Vorstands, Sara Martinez Tucker, hob Sauvages tiefes Branchenverständnis und seine Expertise in Marktdynamiken hervor. CEO Bill Fehrman betonte, dass seine strategische und finanzielle Kompetenz AEP bei Investitionen in moderne Energiesysteme und bei Initiativen zum Lastwachstum unterstützen wird.
Es wurde zudem bekanntgegeben, dass Donna James aus persönlichen Gründen aus dem Vorstand ausgeschieden ist.
- Strategic addition of Joseph Sauvage brings extensive power, utilities, and renewables expertise from leadership roles at Citigroup and Lehman Brothers
- Board strengthening aligns with company's focus on capital investment and load growth opportunities
- New director brings valuable insight into complex capital raises and market dynamics
- Loss of board member Donna James reduces board diversity and institutional knowledge
Sauvage led Citigroup's Global Power, Utilities and Renewables practice for more than 16 years. Prior to joining Citigroup, he held various investment banking roles at Lehman Brothers, including vice chairman and global head of Power, Utilities and Renewables. Sauvage served as a vice chairman of the Wall Street Advisory Group and was a member of the executive committee for the Electric Power Research Institute Advisory Council.
"AEP strives to achieve a mix of directors with skills and experience that align with the company's long-term strategy," said Sara Martinez Tucker, chairman of the AEP Board of Directors. "Joe's deep understanding of the opportunities facing our industry, as well as his insight into complex capital raises and market dynamics, will bring a valuable perspective to the Board."
"Joe's strategic and financial expertise will be helpful as we invest in a reliable, modern energy system to serve our customers and support once-in-a-generation load growth," said AEP President and Chief Executive Officer Bill Fehrman. "We are grateful to have Joe on the Board and welcome his guidance."
Donna James did not stand for re-election to the Board of Directors for personal reasons.
"We thank Donna for her leadership and contributions to the company and wish her all the best moving forward," Tucker said.
About AEP
Our team at American Electric Power (Nasdaq: AEP) is committed to improving our customers' lives with reliable, affordable power. We are investing
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SOURCE American Electric Power
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