AEP, Item 5.02, Election of Director

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934


Date of report (Date of earliest event reported)
January 25, 2006

AMERICAN ELECTRIC POWER COMPANY, INC.
(Exact Name of Registrant as Specified in Its Charter)

New York
(State or Other Jurisdiction of Incorporation)

1-3525
13-4922640
(Commission File Number)
(IRS Employer Identification No.)

1 Riverside Plaza, Columbus, OH
43215
(Address of Principal Executive Offices)
(Zip Code)

614-716-1000
(Registrant’s Telephone Number, Including Area Code)

 
(Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

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Item 5.02.
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On January 25, 2006, the Board of Directors (the “Board”) of American Electric Power Company, Inc. (the “Company”) elected Ralph D. Crosby, Jr. to serve as a director of the Company. Mr. Crosby’s initial term as a director will continue until the 2006 annual meeting of shareholders. The Board did not appoint Mr. Crosby to any committees.

Mr. Crosby, 58, is Chairman and Chief Executive Officer of EADS North America, Inc. Mr. Crosby also is on the board of directors of Ducommun Incorporated.

The Board has determined that Mr. Crosby is an “independent” director under the Company’s Corporate Governance guidelines and the independence requirements of the New York Stock Exchange, as well as the applicable rules promulgated by the Securities and Exchange Commission (the “SEC”).

As a non-employee director, Mr. Crosby will receive the same compensation paid to other non-employee directors of the Company in accordance with the policies and procedures previously approved by the Board for non-employee directors, as disclosed in the Company’s most recent Proxy Statement filed with the SEC on March 14, 2005, as supplemented by the Company’s Form 8-K dated December 14, 2005.

There are no arrangements between Mr. Crosby and any other person pursuant to which Mr. Crosby was elected to serve as a director, nor are there any transactions to which the Company or any of its subsidiaries is a party and in which Mr. Crosby has a material interest.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
AMERICAN ELECTRIC POWER COMPANY, INC.
     
     
 
By:
/s/ Thomas G. Berkemeyer
 
Name:
Thomas G. Berkemeyer
 
Title:
Assistant Secretary


January 26, 2006