Priority

AEP’s Revamps to Build Wholesale Business

Saying that “corporate separation is our highest priority,”American Electric Power’s CEO E. Linn Draper announced this weekthat the company is undergoing a restructuring, and will place morefocus on its U.S. wholesale power generation, marketing and tradingbusinesses. It also will scrap previously announced plans to expandits overseas markets.

November 1, 2000
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