CEOs Of American Electric Power & Public Service Enterprise Group Present Long-Term Plans into Investors in Seventh CEO Investor ForumMarketWatch #Long_TermApril 20, 2019
CHICAGO, April 11, Apr 11, 2019 (GLOBE NEWSWIRE via COMTEX) — CECP’s Strategic Investor Initiative (SII) will convene the seventh CEO Investor Forum on May 8, 2019 in Chicago, with long-term plan presentations by the CEOs of American Electric Power (AEP) and Public Service Enterprise Group (PSEG) to institutional investors.
The first SII gathering in Chicago, the event will also feature an Executive Workshop for investor relations and corporate social responsibility and sustainability professionals to strategize together on the development of long-term investor facing plans at their companies.
— Bill McNabb, former Chairman & CEO, Vanguard and co-chair, CECP’s Strategic Investor Initiative
“Through CEO Investor Forums and SII’s leading-edge research, CECP is catalyzing the call to shift of trillions of investor capital to the companies that are best able to position themselves for sustainable, long-term value creation.”
The majority of this discussion should ideally focus on the strategy and resources allocated to address future risks.
Following the CEO Investor Forum, the two-hour Executive Workshop hosted by SII will lead business leaders through all aspects of developing a long-term plan.
— The business case to deliver a LTP
SII is co-chaired by Bill McNabb, former Chairman & CEO, Vanguard, and Alex Gorsky, Chairman & CEO, Johnson & Johnson.
CECP is a CEO-led coalition that believes that a company’s social strategy — how it engages with key stakeholders including employees, communities, investors, and customers –determines company success.
Collectively, SII is developing a new platform for leading companies to create, convey, and deliver long-term plans to long-term investors.
Paul Loeffelman, AEP director of environmental public policy, served as co-chair of the ALEC Energy, Environment, and Agriculture task force, which in 2012 adopted model legislation entitled the “Electricity Freedom Act”, designed to repeal state-level mandates requiring electric utilities to produce some of their electricity from renewable sources. In 2013, ALEC-affiliated legislators introduced bills in 13 states de…