AEP President of Nuclear Development Alicia Knapp leaves; severance plan may apply
American Electric Power disclosed another nuclear-leadership change. In a Wednesday Form 8-K, the utility said Alicia Knapp, President Nuclear Development, left the company on Sept. 29, 2026.
The filing described the exit as an involuntary separation that triggers benefits under AEP’s Executive Severance Plan if Knapp enters a severance, release of all claims, and noncompetition agreement with the company. Under that plan, AEP would provide one times her current salary and target annual incentive compensation, plus prorated vesting of performance shares and restricted stock units under the company’s long-term incentive plan.
AEP shares were little changed Wednesday afternoon near $119.
By the numbers
- Departure date: Sept. 29, 2026
- Role: President Nuclear Development
- Cash severance (if agreement signed): 1× salary + target annual incentive
- Equity: prorated vesting of performance shares and RSUs under LTI plan
- Noncompete term cited: one year
Sources
- American Electric Power Company, Inc. Form 8-K (Item 5.02), accepted Sept. 30, 2026 7:01:28 a.m. ET, accession 0000004904-26-000063
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
Continue your research with IDD Pro
Get full access to IDD's market intelligence.