Retired Executive Chair of American Electric Power (NASDAQ:AEP), Nicholas K. Akins, is set to join the board of directors at DTE Energy (NYSE:DTE) starting from December 4, 2023. Akins boasts an impressive 40-year career in the energy sector, with his most recent tenure being at AEP where he served as CEO from 2011 until his retirement in 2022.
During his time as CEO, Akins spearheaded a multitude of grid modernization initiatives and led the company's transition towards clean energy. Prior to his stint at AEP, he began his career at Central and South West Corporation, ascending the corporate ladder before its merger with AEP in 2000.
Known for his transformative influence on workplace culture, Akins has been instrumental in promoting innovation, diversity, inclusiveness, and agility within the organizations he has led. His appointment to the DTE Energy board has been warmly received by the company's chairman and CEO, Jerry Norcia. Norcia praised Akins for his extensive industry knowledge and nuclear expertise which he expects will greatly benefit the company.
In addition to his upcoming role at DTE Energy, Akins currently chairs the boards of Fifth Third Bancorp (NASDAQ:FITB) and OhioHealth. He is an alumni of Louisiana Tech University.
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