1. AEP ranked on Forbes' Best Large Employers list for 2025. 2. AEP placed seventh among utility companies for employee satisfaction. 3. Bill Fehrman highlighted the importance of employee support and empowerment. 4. AEP is investing $54 billion to improve service and energy needs. 5. Company operates the largest electric transmission system in the U.S.
Being named as a top employer can enhance AEP's brand image and employee retention, positively impacting operational performance. Historically, companies recognized for such awards tend to see increased employee satisfaction, leading to improved productivity and potential financial performance.
The recognition showcases AEP's commitment to its workforce, likely leading to better performance and stakeholder trust, which may influence stock prices positively.
The positive recognition can help AEP attract and retain talent over the long run, which is crucial for maintaining high operational standards and community engagement.
American Electric Power (Nasdaq: AEP) was named on Forbes magazine's America's Best Large Employers 2025 list. AEP also placed seventh in the utilities category.
"It is an honor to be recognized as one of America's best large employers and a top company in the utilities industry," said Bill Fehrman, AEP president and chief executive officer. "This honor is a testament to our commitment to empowering our employees and creating an environment where they can succeed. We strive for our employees to feel supported and valued."
Forbes partnered with Statista to compile the list based on an independent survey from a sample of more than 217,000 workers in the United States working for companies that employ at least 1,000 people. The participants were asked to rate their employer based on criteria such as salary and wage, work environment, opportunities to advance and the likelihood of recommending their employer to others. The 498 companies that received the highest total score were placed on the list.
Our team at American Electric Power (Nasdaq: AEP) is committed to improving our customers' lives with reliable, affordable power. We are investing $54 billion from 2025 through 2029 to enhance service for customers and support the growing energy needs of our communities. Our nearly 16,000 employees operate and maintain the nation's largest electric transmission system with 40,000 line miles, along with more than 225,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 29,000 megawatts of diverse generating capacity. We are focused on safety and operational excellence, creating value for our stakeholders and bringing opportunity to our service territory through economic development and community engagement. Our family of companies includes AEP Ohio, AEP Texas, Appalachian Power (in Virginia, West Virginia and Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. AEP is headquartered in Columbus, Ohio. For more information, visit aep.com.
SOURCE American Electric Power