FirstEnergy Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Brian Tierney

Chief executive officer

US$26.5m

Total compensation

CEO salary percentage	3.3%
CEO tenure	less than a year
CEO ownership	0.03%
Management average tenure	3.4yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brian Tierney's remuneration changed compared to FirstEnergy's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$1b
Dec 31 2023	US$26m	US$877k	US$1b

Compensation vs Market: Brian's total compensation ($USD26.45M) is above average for companies of similar size in the BR market ($USD5.83M).

Compensation vs Earnings: Insufficient data to compare Brian's compensation with company performance.

CEO

Brian Tierney (56 yo)

less than a year

Tenure

US$26,452,616

Compensation

Mr. Brian X. Tierney served as Director at Carrix, Inc. since 2021 until February 2024. He served as Senior Managing Director, Global Head of Infrastructure Portfolio Operations and Asset Management at Bla...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Brian Tierney	CEO, President & Director	less than a year	US$26.45m	0.035% $ 41.1m
K. Taylor	Senior VP of Strategy & CFO	4.1yrs	US$7.05m	0.017% $ 20.5m
Toby Thomas	Chief Operating Officer	less than a year	US$2.28m	0.0024% $ 2.8m
Hyun Park	Senior VP & Chief Legal Officer	3.4yrs	US$3.03m	0.0096% $ 11.4m
Allan Smith	President of FirstEnergy Utilities	less than a year	US$7.16m	0.017% $ 20.6m
Jason Lisowski	VP, Controller & Chief Accounting Officer	6.4yrs	no data	0.0018% $ 2.1m
Ernest Maley	VP & Chief Information Officer	2.2yrs	no data	no data
Irene Prezelj	Vice President of Investor Relations & Communications	no data	no data	no data
Antonio Fernandez	VP and Chief Ethics & Compliance Officer	3.2yrs	no data	no data
Gretchan Sekulich	Vice President of Communications & Marketing	13.3yrs	no data	no data
Christine Walker	Senior VP of Corporate Services & Chief Human Resources Officer	4.9yrs	US$1.41m	0.0099% $ 11.8m
James Fakult	President of New Jersey Operations	3.4yrs	no data	no data

3.4yrs

Average Tenure

56yo

Average Age

Experienced Management: F1EC34's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brian Tierney	CEO, President & Director	less than a year	US$26.45m	0.035% $ 41.1m
James O'Neil	Independent Director	7.4yrs	US$294.93k	0.00094% $ 1.1m
Steven Demetriou	Independent Director	7.4yrs	US$292.51k	0.0016% $ 2.0m
John Somerhalder	Non-Executive Chair of the Board	3.3yrs	US$5.53m	0.026% $ 30.7m
Paul Kaleta	Independent Director	3yrs	US$374.93k	0.00036% $ 428.9k
Melvin Williams	Independent Director	3.1yrs	US$359.93k	0.00044% $ 524.2k
Lisa Hicks	Lead Independent Director	3yrs	US$379.93k	0.00044% $ 524.2k
Leslie Turner	Independent Director	5.8yrs	US$299.93k	0.00078% $ 929.3k
Heidi Boyd	Independent Director	less than a year	no data	no data
Jana Croom	Independent Director	2.1yrs	US$274.93k	0.00045% $ 536.1k

3.0yrs

Average Tenure

62.5yo

Average Age

Experienced Board: F1EC34's board of directors are considered experienced (3 years average tenure).

FirstEnergy Management

Management criteria checks 2/4

Key information

Recent management updates

FirstEnergy Names Executives to Lead State Electric Companies and Transmission Business

FirstEnergy Corp. Names Deandra Williams-Lewis Chief Privacy Officer

FirstEnergy Corp. Names John Combs Senior Vice President, Shared Services, Effective April 22, 2024

FirstEnergy Corp., Annual General Meeting, May 22, 2024

Firstenergy Corp. Appoints Heidi Boyd to Serve as Director

FirstEnergy Corp. Announces the Resignation of Andrew Teno as Member of the Board of Directors

Recent updates

FirstEnergy Names Executives to Lead State Electric Companies and Transmission Business

FirstEnergy Corp. Names Deandra Williams-Lewis Chief Privacy Officer

FirstEnergy Corp. Names John Combs Senior Vice President, Shared Services, Effective April 22, 2024

FirstEnergy Corp. to Report Q1, 2024 Results on Apr 25, 2024

FirstEnergy Corp., Annual General Meeting, May 22, 2024

Brookfield Super-Core Infrastructure Partners L.P., managed by Brookfield Corporation (TSX:BN), completed the acquisition of an additional 30% stake in FirstEnergy Transmission, LLC from FirstEnergy Corp. (NYSE:FE).

Firstenergy Corp. Declares Quarterly Dividend, Payable on June 1, 2024

Firstenergy Corp. Appoints Heidi Boyd to Serve as Director

FirstEnergy Corp. Provides Earnings Guidance for the First Quarter and Full Year of 2024

FirstEnergy Corp. Announces Power Restoration Efforts Progress Through Continued Winter Storm

FirstEnergy Corp. to Report Q4, 2023 Results on Feb 08, 2024

FirstEnergy Corp. Announces the Resignation of Andrew Teno as Member of the Board of Directors

FirstEnergy Corp. Appoints Two Senior Executives to Accelerate Transformation into Premier Electric Utility

FirstEnergy Corp. to Report Q3, 2023 Results on Oct 26, 2023

FirstEnergy Corp. Declares Quarterly Dividend, Payable December 1, 2023

FirstEnergy Corp. Declares Quarterly Dividend, Payable December 1, 2023

FirstEnergy Corp. Provides Financial Guidance for the Full Year of 2023

FirstEnergy Corp. to Report Q2, 2023 Results on Aug 01, 2023

FirstEnergy Corp. Names Abigail Phillips as Chief Risk Officer, Effective July 10

FE Battery Metals Ltd. Initiates Biogeochemistry Survey on Trix Property Located in the Georgia Lake Area

FirstEnergy Corp. Appoints Mr. Brian X. Tierney as Director, Effective on June 1, 2023

Firstenergy Corp. Appoints Brian X. Tierney as Chief Executive Officer, Effective June 1, 2023

Majority Action Files an Exempt Solicitation and Request Vote Against for FirstEnergy Corp Board Nominees

FirstEnergy Corp. Announces New Dividend Policy

Brookfield Super-Core Infrastructure Partners L.P., managed by Brookfield Corporation (TSX:BN) entered into a definitive agreement to acquire an additional 30% stake in FirstEnergy Transmission, LLC (FET) from FirstEnergy Corp. (NYSE:FE) for $3.5 billion.

Brookfield Super-Core Infrastructure Partners L.P., managed by Brookfield Corporation (TSX:BN) entered into a definitive agreement to acquire a 30% stake in FirstEnergy Transmission, LLC from FirstEnergy Corp. (NYSE:FE) for $3.5 billion.

Firstenergy Corp. Announces Retirement of Samuel L. Belcher as Senior Vice President, Effective as of May 1, 2023

FirstEnergy Corp. to Report Q4, 2022 Results on Feb 13, 2023

Firstenergy Corp. Declares Quarterly Dividend, Payable on March 1, 2023

FirstEnergy Corp. Provides Earnings Guidance for the Year 2022

FirstEnergy Corp. to Report Q3, 2022 Results on Oct 25, 2022

FirstEnergy Corp. Declares Quarterly Common Stock Dividend, Payable on December 1, 2022

FirstEnergy Corp. Announces CEO Transition

FirstEnergy Corp. Provides Earnings Guidance for the Third Quarter and Full Year 2022

FirstEnergy Corp. Declares Quarterly Dividend for Outstanding Common Stock, Payable September 1, 2022

FirstEnergy Names Joseph McClelland as Vice President, External Affairs

Brookfield Infrastructure Partners L.P. completed the acquisition of 19.9% stake in FirstEnergy Transmission, LLC from FirstEnergy Corp.

FirstEnergy Corp. Announces New Board Leadership Changes

FirstEnergy Corp. Updates Earning Guidance for the Full Year of 2022

FirstEnergy Corp. to Report Q1, 2022 Results on Apr 21, 2022

FirstEnergy Corp. Promotes Ernest N. Maley to Chief Information Officer, Effective April 10, 2022

FirstEnergy Promotes Ernest N. Maley to Chief Information Officer

FirstEnergy Corp. Provides Earnings Guidance for the First Quarter and Full Year of 2022

Firstenergy Corp. Completes Power System Upgrades in Northern Stark County

FirstEnergy Corp. to Report Q4, 2021 Results on Feb 10, 2022

Mon Power and Potomac Edison Subsidiaries of Firstenergy Corp Applies to the Public Service Commission of West Virginia for Approval to Undertake Multi-Year Environmental Compliance Program At the Companies' Two Regulated Power Plants

FirstEnergy Adds Cleaner-Powered Hybrid Electric Bucket Trucks to Help Reduce Greenhouse Gas Emissions

Penelec, a Subsidiary of Firstenergy Corp. Announces to Rebuild Power Line to Enhance Reliability in Sullivan County

CEO Compensation Analysis

CEO

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Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age