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Zebula Named Treasurer of American Electric Power

2008-08-06 10:00:00

Zebula Named Treasurer of American Electric Power

    COLUMBUS, Ohio, Aug. 6 /EMWNews/ -- Charles E. Zebula has

been named senior vice president and treasurer of American Electric Power

(NYSE: AEP), the company announced today. The change is effective Sept. 1.



    Zebula, 48, was previously senior vice president - fuel, emissions and

logistics for AEP. In his new position, Zebula will be responsible for

AEP's treasury and investor relations activities. He will report to Holly

Koeppel, executive vice president and chief financial officer. Zebula

replaces Julie Sloat, who left the company.



    "Chuck put together a fuel and logistics organization that is the best

in the business at managing the financial and logistical risks related to

supplying fuel for our vast fleet of power plants," said Michael G. Morris,

AEP's chairman, president and chief executive officer. "These new

responsibilities provide Chuck with an opportunity to build on that

experience while strengthening our management team. This also fits with our

commitment to develop our next generation of senior leaders from within our

organization."



    Timothy K. Light, 50, currently vice president - power projects and

asset investments in AEP's Commercial Operations group, will replace Zebula

as senior vice president - fuel, emissions and logistics. He will report to

Nick Akins, executive vice president - generation, and will be responsible

for all fuel purchases and transportation logistics to AEP power plants;

emissions marketing and position management; and purchasing of bulk

commodities needed for post-combustion emission controls. Light will also

be responsible for the management of AEP's River Operations, Cook Coal

Terminal, mining activities and rail car maintenance. Light's promotion is

effective Sept. 1.



    Zebula has served as senior vice president - fuel, emissions and

logistics since 2004. Prior to being named to that position, Zebula was

senior vice president - asset and production management for AEP. Before

joining AEP in 1998, Zebula was a senior associate for Putman, Hayes &

Bartlett, an economic and management consulting firm located in Washington,

D.C. Zebula also served as a process engineer with ICF Kaiser Engineers and

GAF Corporation.



    Zebula earned a Bachelor of Science degree in mining engineering and a

Master of Science degree in mineral processing from The Pennsylvania State

University. He received a Master of Science degree in Industrial

Administration from Carnegie Mellon University.



    Light has served as vice president - power projects and asset

investments since 2002, responsible for acquisitions and divestitures,

renewable energy initiatives, structuring and market analysis, and joint

venture management. Prior to being named to that position, he served as

executive director - business development, responsible for leading AEP's

wind energy development and acquisition program. Light held positions in

business development, fuel procurement and accounting at Central & South

West Corp. prior to that company's merger with AEP in 2000.



    Light holds a bachelor's degree in business administration from Middle

Tennessee State University and completed the Baylor University Management

Development Program.



    American Electric Power is one of the largest electric utilities in the

United States, delivering electricity to more than 5 million customers in

11 states. AEP ranks among the nation's largest generators of electricity,

owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also

owns the nation's largest electricity transmission system, a nearly

39,000-mile network that includes more 765 kilovolt extra-high voltage

transmission lines than all other U.S. transmission systems combined. AEP's

transmission system directly or indirectly serves about 10 percent of the

electricity demand in the Eastern Interconnection, the interconnected

transmission system that covers 38 eastern and central U.S. states and

eastern Canada, and approximately 11 percent of the electricity demand in

ERCOT, the transmission system that covers much of Texas. AEP's utility

units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and

West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan

Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern

Electric Power Company (in Arkansas, Louisiana and east Texas). AEP's

headquarters are in Columbus, Ohio.





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Blake Masterson

Freelance Writer, Journalist and Father of 5

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