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 $8.54M. The average tenure of the management team and the board of directors is 3.3 years and 3 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 | 3yrs |
Recent management updates
Recent updates
FirstEnergy's (NYSE:FE) Dividend Will Be Increased To $0.425
Apr 14FirstEnergy: Dividend Distribution Potential, And Cheap Valuation
Apr 02FirstEnergy (NYSE:FE) Is Due To Pay A Dividend Of $0.41
Jan 15FirstEnergy: Attractive Valuation Overshadowed By Static Dividend And Legal Issues
Dec 26Here's Why FirstEnergy (NYSE:FE) Is Weighed Down By Its Debt Load
Dec 24Calculating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)
Dec 06FirstEnergy: Continuing To Deliver On The Thesis
Nov 07FirstEnergy (NYSE:FE) Is Paying Out A Larger Dividend Than Last Year
Oct 31FirstEnergy's (NYSE:FE) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 05FirstEnergy (NYSE:FE) Seems To Be Using A Lot Of Debt
Sep 08FirstEnergy Continues To Boast Stability In An Uncertain Environment, Despite Q2 Weakness
Aug 28A Look At The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)
Aug 18FirstEnergy (NYSE:FE) Is Paying Out A Dividend Of $0.39
Jul 30FirstEnergy: Attractive Valuation, But Higher Risks Than Peers
Jun 16Calculating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)
May 17FirstEnergy (NYSE:FE) Is Due To Pay A Dividend Of $0.39
Apr 05Is FirstEnergy (NYSE:FE) Using Too Much Debt?
Mar 13FirstEnergy Non-GAAP EPS of $0.50 misses by $0.03, revenue of $12.5B
Feb 13FirstEnergy (NYSE:FE) Has Affirmed Its Dividend Of $0.39
Feb 03A Look At The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)
Jan 30FirstEnergy: A Few Positives But Some Concerns
Jan 18FirstEnergy's (NYSE:FE) Dividend Will Be $0.39
Jan 12CEO 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 US market ($USD13.62M).
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% $ 8.5m | |
Senior VP of Strategy & CFO | 4yrs | US$7.05m | 0.017% $ 3.9m | |
Chief Operating Officer | less than a year | US$2.28m | 0.0024% $ 539.7k | |
Senior VP & Chief Legal Officer | 3.3yrs | US$3.03m | 0.0096% $ 2.2m | |
President of FirstEnergy Utilities | less than a year | US$7.16m | 0.017% $ 3.9m | |
VP, Controller & Chief Accounting Officer | 6.3yrs | no data | 0.0018% $ 406.5k | |
VP & Chief Information Officer | 2.1yrs | no data | no data | |
Vice President of Investor Relations & Communications | no data | no data | no data | |
VP and Chief Ethics & Compliance Officer | 3.1yrs | no data | no data | |
Vice President of Communications & Marketing | 13.3yrs | no data | no data | |
Senior VP of Corporate Services & Chief Human Resources Officer | 4.8yrs | US$1.41m | 0.0099% $ 2.2m | |
President of New Jersey Operations | 3.3yrs | no data | no data |
3.3yrs
Average Tenure
55yo
Average Age
Experienced Management: FE'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% $ 8.5m | |
Independent Director | 7.3yrs | US$294.93k | 0.00094% $ 212.3k | |
Independent Director | 7.3yrs | US$292.51k | 0.0016% $ 372.6k | |
Non-Executive Chair of the Board | 3.2yrs | US$5.53m | 0.026% $ 5.8m | |
Independent Director | 2.9yrs | US$374.93k | 0.00036% $ 81.3k | |
Independent Director | 3yrs | US$359.93k | 0.00044% $ 99.4k | |
Lead Independent Director | 2.9yrs | US$379.93k | 0.00044% $ 99.4k | |
Independent Director | 5.7yrs | US$299.93k | 0.00078% $ 176.1k | |
Independent Director | less than a year | no data | no data | |
Independent Director | 2yrs | US$274.93k | 0.00045% $ 101.6k |
3.0yrs
Average Tenure
61.5yo
Average Age
Experienced Board: FE's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.