The estimated Net Worth of Nicholas K Akins is at least $51.5 Milhão dollars as of 2 May 2023. Mr. Akins owns over 10,491 units of American Electric Power stock worth over $12,934,836 and over the last 18 years he sold AEP stock worth over $24,059,921. In addition, he makes $14,492,400 as Chairman of the Board, President, e Chief Executive Officer at American Electric Power.
Nicholas has made over 26 trades of the American Electric Power stock since 2007, according to the Form 4 filled with the SEC. Most recently he sold 10,491 units of AEP stock worth $973,040 on 2 May 2023.
The largest trade he's ever made was selling 69,657 units of American Electric Power stock on 24 February 2020 worth over $7,038,840. On average, Nicholas trades about 5,048 units every 67 days since 2007. As of 2 May 2023 he still owns at least 125,520 units of American Electric Power stock.
You can see the complete history of Mr. Akins stock trades at the bottom of the page.
Nicholas K. Akins serves as Chairman of the Board, President, Chief Executive Officer of the Company. He has been appointed as Chief Executive Officer, Director of the Company effective Nov. 12, 2011. Prior to this, Akins was vice president -- energy marketing services, responsible for directing the activities of Market Development, including the transmission marketing and services functions, and Energy Delivery External Affairs including community affairs, economic development, and advocacy for regulatory and legislative positions within Energy Delivery. Akins also was vice president -- industry restructuring for AEP, responsible for enterprise program management for restructuring initiatives in preparation for customer choice in AEP's various jurisdictions. Before Central and South West Corp.'s (CSW) merger with AEP, he served in director and manager roles within CSW and its operating companies mergers and acquisitions, industry restructuring, fuels, system dispatch operations and system planning. He received a bachelor's degree in electrical engineering in 1982 from Louisiana Tech University in Ruston and a master's degree in electrical engineering in 1986 also from Louisiana Tech. He has completed executive management programs at Louisiana State University, the University of Idaho and the Reactor Technology Course for Utility Executives at the Massachusetts Institute of Technology. He serves as vice chairman of the Electric Power Research Institute (EPRI) and on the boards of the Mid-Ohio Food Bank, the Greater Columbus Arts Council, the Wexner Center for the Arts and the National Association of Manufacturers. He was Executive Vice President – Generation from September 2006 to December 2010.
As the Chairman of the Board, President, e Chief Executive Officer of American Electric Power, the total compensation of Nicholas Akins at American Electric Power is $14,492,400. There are no executives at American Electric Power getting paid more.
Nicholas Akins is 59, he's been the Chairman of the Board, President, e Chief Executive Officer of American Electric Power since 2014. There are 13 older and 16 younger executives at American Electric Power. The oldest executive at American Electric Power Company Inc. is Richard Notebaert, 72, who is the Independent Director.
Nicholas's mailing address filed with the SEC is ONE ENERGY PLAZA, , DETROIT, MI, 48226.
Over the last 21 years, insiders at American Electric Power have traded over $58,827,531 worth of American Electric Power stock and bought 16,545 units worth $866,009 . The most active insiders traders include Benjamin G S Iii Fowke, David J Anderson, eMichael G Morris. On average, American Electric Power executives and independent directors trade stock every 33 days with the average trade being worth of $1,272,977. The most recent stock trade was executed by Antonio P Smyth on 5 June 2024, trading 4,898 units of AEP stock currently worth $440,820.
american electric power is one of the largest electric utilities in the united states, delivering electricity to more than 5 million customers in 11 states. aep ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the u.s. aep also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other u.s. transmission systems combined. aep’s utility units operate as aep ohio, aep texas, appalachian power (in virginia and west virginia), aep appalachian power (in tennessee), indiana michigan power, kentucky power, public service company of oklahoma, and southwestern electric power company (in arkansas, louisiana and east texas). aep’s headquarters are in columbus, ohio.
American Electric Power executives and other stock owners filed with the SEC include: