American Electric Power (AEP) Strengthens Leadership with New Appointments

American Electric Power Company Inc. (NASDAQ:AEP) is one of the 10 best defensive stocks to buy in a volatile market. The company recently appointed a new general counsel and technology chief to support its long-term strategy. AEP operates the largest electric transmission system in the nation, serving 5.6 million customers.

Rob Berntsen will join AEP as the executive vice president and general counsel, coming from Xcel. Johannes Eckert will become the executive vice president and chief information and technology officer, previously serving at Cox Communications. These appointments aim to strengthen AEP’s management team as it continues to provide electricity through various sources.

While AEP is a solid investment, some AI stocks may offer greater upside potential with less downside risk. If you’re interested in undervalued AI stocks, check out the free report on the best short-term AI stock. AEP remains a strong defensive stock option in a volatile market, serving millions of customers with reliable electricity.

Read more at Yahoo Finance: American Electric Power Company (AEP) Bolsters Management Team