American Electric Power (NYSE:AEP) has named Julie A. Sloat president and chief operating officer of its AEP Ohio utility unit, effective May 2. Sloat currently is AEP’s senior vice president and treasurer.
Sloat, 47, will have responsibility for all aspects of electric service for AEP Ohio’s 1.5 million customers. She will report to Robert P. Powers, executive vice president and chief operating officer. Sloat will replace Pablo A. Vegas, who is leaving for a position at NiSource.
AEP expects to name a new treasurer soon.
Sloat has served as AEP’s senior vice president and treasurer since January 2013, with responsibility for AEP’s treasury, trusts and investment activities. From 2009 to 2013, she was vice president – Regulatory Case Management, responsible for AEP's central regulatory case management and support activities for the 11 states in which AEP operates as well as the Federal Energy Regulatory Commission.
Sloat’s leadership experience at AEP also includes Investor Relations, Strategic Initiatives, Economic Forecasting, and Credit Risk Management. Additionally, she served as vice president of corporate finance and investor relations at Tween Brands Inc. and has experience in both the banking and investment management industries.
Sloat earned a bachelor’s degree in business administration with a double major in finance and economics from Ohio State. She received a master’s degree in business administration from Ohio State and was the recipient of the Faculty Recognition Academic Excellence Award and the Weidler Scholar Award.