American Electric Power (AEP) recerntly received the “3+” designation from 50/50 Women on Boards for having three or more women on its board of directors.
This is the third time 50/50 Women on Boards acknowledged AEP for its dedication to gender diversity in its leadership. Four women currently serve on AEP’s 12-member board of directors, or 33%.
According to 50/50 Women on Boards, women hold nearly 24% of the Russell 3000 company board seats. Out of the 2982 companies analyzed, only 764 had three or more women board members.
“We’re proud to be recognized again by 50/50 Women on Boards for our commitment to a gender-diverse board of directors,” said Nicholas K. Akins, AEP’s chairman, president and chief executive officer. “Sandy, Linda, Sara and Meg’s leadership contributes to the strategic vision of our company as we deliver clean, reliable and affordable energy to our customers. From top management to employees on the front lines of our operations, we’ll continue to attract and retain diverse talent to create a more inclusive environment that values differing perspectives and experiences.”