Pros
Great colleagues and strong company history.
Cons
Executive leadership and Human Resources have badly damaged this company in an irredeemable way. You expect HR to protect the company, but I’ve never seen an HR team push the agenda of a CEO in the way you currently see at AEP. It is nothing short of disturbing. This is a terrifying place to work, with an unnecessary RTO mandate after 5 plus years of remote and hybrid work, a still new CEO focused on running the company like it’s an investment firm, and a Board of Directors now filled with members determined to make this company as profitable as possible at the detriment of employees and customers. Since Carl Icahn decided to intimidate AEP into giving him board seats, the company has turned into the utility version of Goldman Sachs. The kicker is that while the company is profitable, like it always is, the new CEO has structured the bonus in a way that is almost impossible for us to attain. He’s also intimated that employees have received bonuses in previous years that they did not deserve. Prior to him taking the reins at AEP. Did I mention the new CEO flattened the organization virtually ending any chance of upward mobility? Directors have been demoted. Senior managers have been demoted. Now, some leaders have upwards of 20 direct reports. So, 5 days in office, with awful annual bonus prospects, no upward mobility, below market pay etc. Sound enticing? I say this with all sincerity. RUN from AEP unless you have no other potential sources of income or employment prospects.