FirstEnergy Management
Management criteria checks 1/4
FirstEnergy's CEO is Brian Tierney, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is $26.45M, comprised of 3.3% salary and 96.7% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth €7.74M. The average tenure of the management team and the board of directors is 3.3 years and 2.9 years respectively.
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 | 0.04% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| 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 German market ($USD5.66M).
Compensation vs Earnings: Insufficient data to compare Brian's compensation with company performance.
CEO
Brian Tierney (55 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 |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$26.45m | 0.038% $ 7.7m | |
| Senior VP of Strategy & CFO | 3.9yrs | US$7.05m | 0.017% $ 3.5m | |
| Chief Operating Officer | less than a year | US$2.28m | 0.0024% $ 489.2k | |
| Senior VP & Chief Legal Officer | 3.3yrs | US$3.03m | 0.0096% $ 2.0m | |
| President of FirstEnergy Utilities | less than a year | US$7.16m | 0.017% $ 3.5m | |
| VP, Controller & Chief Accounting Officer | 6.3yrs | no data | 0.0018% $ 368.4k | |
| VP & Chief Information Officer | 2yrs | no data | no data | |
| Vice President of Investor Relations & Communications | no data | no data | no data | |
| VP and Chief Ethics & Compliance Officer | 3yrs | no data | no data | |
| Vice President of Communications & Marketing | 13.2yrs | no data | no data | |
| Senior VP of Corporate Services & Chief Human Resources Officer | 4.8yrs | US$1.41m | 0.0099% $ 2.0m | |
| President of New Jersey Operations | 3.3yrs | no data | no data |
3.3yrs
Average Tenure
55yo
Average Age
Experienced Management: FE7's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$26.45m | 0.038% $ 7.7m | |
| Independent Director | 7.3yrs | US$294.93k | 0.00094% $ 192.4k | |
| Independent Director | 7.3yrs | US$292.51k | 0.0016% $ 337.7k | |
| Non-Executive Chair of the Board | 3.1yrs | US$5.53m | 0.026% $ 5.3m | |
| Independent Director | 2.8yrs | US$374.93k | 0.00036% $ 73.7k | |
| Independent Director | 2.9yrs | US$359.93k | 0.00044% $ 90.1k | |
| Lead Independent Director | 2.8yrs | US$379.93k | 0.00044% $ 90.1k | |
| Independent Director | 5.6yrs | US$299.93k | 0.00078% $ 159.6k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.9yrs | US$274.93k | 0.00045% $ 92.1k |
2.9yrs
Average Tenure
61.5yo
Average Age
Experienced Board: FE7's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.