AEP Names Industry Veteran Doug Cannon President of AEP Transmission

Rhea-AI Summary

American Electric Power (AEP) has appointed Douglas A. Cannon as president of AEP Transmission, effective June 11. Cannon, currently serving as president and CEO of NV Energy, will oversee all aspects of AEP's transmission business, including planning, projects, engineering, operations, and growth. Under his leadership at NV Energy, Cannon managed service to 1.4 million Nevada customers and led the development of the 700-mile Greenlink transmission network.

AEP, which owns the largest transmission network in the U.S., is expanding its footprint by thousands of miles through joint venture projects in PJM and the construction of one of the first 765-kilovolt lines in Texas. Bob Bradish, the interim president of AEP Transmission, will transition to the role of chief transmission officer, reporting to Cannon.

Positive

• Appointment of an experienced industry leader with proven track record in transmission projects
• Strategic alignment with AEP's expansion plans for its transmission network
• Strengthening of leadership team with expertise in regulatory and operational management
• Addition of succession planning depth to AEP's management structure

Negative

• None.

News Market Reaction – AEP

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COLUMBUS, Ohio, May 20, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Douglas A. Cannon president of AEP Transmission, effective June 11. Cannon will report to Bill Fehrman, AEP president and chief executive officer.

In this role, he will lead all aspects of AEP's transmission business, including planning, projects, engineering, operations and growth. Cannon currently serves as the president and chief executive officer of NV Energy and is responsible for all aspects of service to its 1.4 million customers in Nevada.

"AEP owns the largest transmission network in the country, and we owe it to our customers, employees, investors and other stakeholders to be best-in-class operators of that system," Fehrman said. "Between unprecedented load growth over the next decade, the joint venture transmission projects in PJM announced in February, and building one of the first 765- kilovolt lines in Texas, AEP is expanding our transmission footprint by thousands of miles. We were looking for an experienced leader who could immediately make an impact and drive results in this crucial part of our business. Doug is a respected industry leader who understands the importance of building coalitions to drive strong regulatory and operational results, and under his tenure, NV Energy is building the more than 700-mile Greenlink transmission network, Nevada's longest and largest transmission project. He also has a demonstrated track record of creating outstanding teams and leading with a growth mindset. We welcome Doug to AEP and look forward to working with him to strengthen our transmission organization to power the exciting opportunities ahead and provide depth to AEP's overall succession plan."

"Now more than ever, AEP's robust transmission network is the catalyst for supporting growth across its footprint and the nation," Cannon said. "I am committed to working with the AEP team to drive industry-leading results while meeting customers' changing energy needs."

Bob Bradish, currently interim president of AEP Transmission, has been named chief transmission officer and will report to Cannon.

"Bob has been a steady, knowledgeable leader during his time with AEP and especially over the past few months," Fehrman said. "He will remain a vital part of Transmission leadership and will continue to provide his expertise and institutional knowledge in his new role."

After leaving private law practice, Cannon joined the Berkshire Hathaway Energy organization in 2011, working as an attorney for PacifiCorp Energy in Salt Lake City. In 2013, Cannon was the lead attorney in obtaining the regulatory approvals necessary for NV Energy to join Berkshire Hathaway Energy. With the closing of the NV Energy merger, Cannon joined the NV Energy team as senior vice president and general counsel, corporate secretary and chief compliance officer. Cannon was named president of NV Energy in 2018 and added the CEO role in 2019 with responsibility over the fully integrated gas and electric operations of NV Energy and its subsidiaries.

Cannon received his bachelor's degree in environmental geoscience from Weber State University, his master's degree in environmental studies from the University of Colorado and his juris doctor from the University of Colorado School of Law. He has served on the board of trustees for the Las Vegas Council of the Boy Scouts of America, The National Judicial College and the Desert Research Institute.

About AEP

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.

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SOURCE American Electric Power

FAQ

Who is Doug Cannon and what is his new role at AEP?

Doug Cannon is the former president and CEO of NV Energy who has been appointed as president of AEP Transmission, effective June 11. He will lead all aspects of AEP's transmission business, including planning, projects, engineering, operations and growth.

What experience does Doug Cannon bring to AEP Transmission?

Cannon brings extensive utility leadership experience as CEO of NV Energy, where he managed service to 1.4 million customers and led the development of the 700-mile Greenlink transmission network. He also has significant legal and regulatory experience from his work with Berkshire Hathaway Energy.

What are AEP's current transmission expansion plans?

AEP is expanding its transmission footprint by thousands of miles through joint venture transmission projects in PJM and the construction of one of the first 765-kilovolt lines in Texas.

What happened to Bob Bradish, AEP's interim transmission president?

Bob Bradish, who served as interim president of AEP Transmission, has been named chief transmission officer and will report to Doug Cannon.

Why did AEP choose Doug Cannon for this position?

AEP selected Cannon for his experience as a respected industry leader, his understanding of building coalitions for strong regulatory and operational results, his track record in creating outstanding teams, and his leadership with a growth mindset.