AEP: Alicia Knapp, President Nuclear Development, Departs; Triggers Severance Benefits
· The NYC Memo
On September 29, 2026, Alicia Knapp, President Nuclear Development of American Electric Power (AEP), departed the company due to an involuntary separation. Her departure triggers benefits under the company's Executive Severance Plan, contingent on her signing a severance, release, and noncompetition agreement. These benefits include one times her current salary and target annual incentive compensation, plus prorated vesting of performance shares and restricted stock units.