American Electric Power (AEP) has been named one of the top 50 companies for executive women by the National Association for Female Executives (NAFE) for a second time.
The list recognizes organizations whose programs and policies support women’s advancement and who have significant female representation in senior management and on boards of directors.
“AEP has come a long way in attracting and retaining talented women at all levels of the company,” said Michael G. Morris, AEP chairman, president, and chief executive officer. “We are honored to be recognized by NAFE for the important roles women play as members of our executive team and as contributors to our company’s success.”
Eleven percent of corporate officers and 15% of board members at America’s largest companies are women, according to NAFE. At AEP, women hold 17% of senior leadership positions and make up 23% of the board of directors. AEP was the only utility on the list.
NAFE is affiliated with Working Mother magazine, which also has recognized AEP as one of the best companies for women of color in 2006; one of the best companies for multicultural women in 2007 and 2009; and one of the 100 best companies for working mothers in 2002, 2004, 2007, 2008 and 2009.
Sources: AEP, NAFE