AEP Awards CEO William Fehrman $15 Million Equity-Based Retention Package
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American Electric Power Company Inc. (AEP) has awarded CEO William J. Fehrman a $15 million equity-based retention package. This includes $10 million in performance shares, vesting based on AEP's relative total shareholder return over five years, and $5 million in restricted stock units, vesting on December 31, 2030, contingent on his continued employment.
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