FirstEnergy Management

Management criteria checks 2/4

FirstEnergy's CEO is Brian Tierney, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is $26.45M, comprised of 3.3% salary and 96.7% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth $8.30M. The average tenure of the management team and the board of directors is 2.6 years and 3.5 years respectively.

Key information

Brian Tierney

Chief executive officer

US$26.5m

Total compensation

CEO salary percentage	3.3%
CEO tenure	1.4yrs
CEO ownership	0.03%
Management average tenure	2.6yrs
Board average tenure	3.5yrs

Recent management updates

Recent updates

FirstEnergy's De-Risked Balance Sheet: The Ultimate Differentiator

Oct 03

Are Investors Undervaluing FirstEnergy Corp. (NYSE:FE) By 41%?

Aug 29

FirstEnergy: An Emerging Value Case With A High Yield, But Not Discounted Enough

Jun 16

FirstEnergy: Attractive Valuation Overshadowed By Static Dividend And Legal Issues

Dec 26

Here's Why FirstEnergy (NYSE:FE) Is Weighed Down By Its Debt Load

Dec 24

Calculating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)

Dec 06

FirstEnergy: Continuing To Deliver On The Thesis

Nov 07

FirstEnergy (NYSE:FE) Is Paying Out A Larger Dividend Than Last Year

Oct 31

FirstEnergy's (NYSE:FE) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 05

FirstEnergy (NYSE:FE) Seems To Be Using A Lot Of Debt

Sep 08

FirstEnergy Continues To Boast Stability In An Uncertain Environment, Despite Q2 Weakness

Aug 28

A Look At The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)

Aug 18

FirstEnergy (NYSE:FE) Is Paying Out A Dividend Of $0.39

Jul 30

FirstEnergy: Attractive Valuation, But Higher Risks Than Peers

Jun 16

Calculating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)

May 17

FirstEnergy (NYSE:FE) Is Due To Pay A Dividend Of $0.39

Apr 05

Is FirstEnergy (NYSE:FE) Using Too Much Debt?

Mar 13

FirstEnergy Non-GAAP EPS of $0.50 misses by $0.03, revenue of $12.5B

Feb 13

CEO Compensation Analysis

How has Brian Tierney's remuneration changed compared to FirstEnergy's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$892m
Jun 30 2024	n/a	n/a	US$894m
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 ($USD26.45M) is above average for companies of similar size in the US market ($USD12.67M).

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

CEO

Brian Tierney (56 yo)

1.4yrs

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	1.4yrs	US$26.45m	0.034% $ 8.3m
K. Taylor	Senior VP of Strategy & CFO	4.5yrs	US$7.05m	0.017% $ 4.1m
Toby Thomas	Chief Operating Officer	less than a year	US$2.28m	0.0024% $ 573.2k
Hyun Park	Senior VP & Chief Legal Officer	3.8yrs	US$3.03m	0.0096% $ 2.3m
Allan Smith	President of FirstEnergy Utilities	less than a year	US$7.16m	0.017% $ 4.2m
Jason Lisowski	VP, Controller & Chief Accounting Officer	6.8yrs	no data	0.0018% $ 431.1k
Ernest Maley	VP & Chief Information Officer	2.6yrs	no data	no data
Antonio Fernandez	VP and Chief Ethics & Compliance Officer	3.6yrs	no data	no data
Gretchan Sekulich	Vice President of Communications & Marketing	13.8yrs	no data	no data
Karen E. McClendon	Senior VP & Chief Human Resources Officer	no data	no data	no data
Mark Mroczynski	President of Transmission	less than a year	no data	no data
George Farah	Vice President of Sustainability & Utility Services	no data	no data	no data

2.6yrs

Average Tenure

56yo

Average Age

Experienced Management: FE's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brian Tierney	CEO, President & Director	1.4yrs	US$26.45m	0.034% $ 8.3m
James O'Neil	Independent Director	7.8yrs	US$294.93k	0.00096% $ 231.2k
Steven Demetriou	Independent Director	7.8yrs	US$292.51k	0.0020% $ 476.9k
John Somerhalder	Non-Executive Chair of the Board	3.7yrs	US$5.53m	0.026% $ 6.3m
Paul Kaleta	Independent Director	3.4yrs	US$374.93k	0.00036% $ 86.7k
Melvin Williams	Independent Director	3.5yrs	US$359.93k	0.00047% $ 113.2k
Lisa Hicks	Lead Independent Director	3.4yrs	US$379.93k	0.00044% $ 106.0k
Leslie Turner	Independent Director	6.2yrs	US$299.93k	0.00078% $ 187.9k
Heidi Boyd	Independent Director	less than a year	no data	no data
Jana Croom	Independent Director	2.5yrs	US$274.93k	0.00045% $ 108.4k

3.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: FE's board of directors are considered experienced (3.5 years average tenure).

FirstEnergy Management

Management criteria checks 2/4

Key information

Recent management updates

Firstenergy Appoints Karen McClendon as Senior Vice President and Chief Human Resources Officer, Effective November 11, 2024

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

High number of new directors

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

Recent updates

FirstEnergy Corp. Receives $50 Million Smart Grid Grant by U.S. Department of Energy

Upcoming dividend of US$0.42 per share

Third quarter 2024 earnings: EPS misses analyst expectations

Firstenergy Appoints Karen McClendon as Senior Vice President and Chief Human Resources Officer, Effective November 11, 2024

FirstEnergy Corp. to Report Q3, 2024 Results on Oct 29, 2024

FirstEnergy's De-Risked Balance Sheet: The Ultimate Differentiator

Firstenergy Deploys Technology to Predict and Reduce Tree-Related Outages

Second quarter dividend of US$0.42 announced

Are Investors Undervaluing FirstEnergy Corp. (NYSE:FE) By 41%?

Firstenergy Corp. Resolves Proceedings with Office of the Ohio Attorney General and Office of the Summit County Prosecutor

FirstEnergy Corp. Provides Earnings Guidance for the Third Quarter 2024 and Affirms Earnings Guidance for the Full Year 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

First quarter dividend of US$0.42 announced

FirstEnergy Corp. Declares Quarterly Dividend, Payable on September 1, 2024

FirstEnergy Corp. to Report Q2, 2024 Results on Jul 30, 2024

FirstEnergy: An Emerging Value Case With A High Yield, But Not Discounted Enough

Is There An Opportunity With FirstEnergy Corp.'s (NYSE:FE) 39% Undervaluation?

FirstEnergy Names Executives to Lead State Electric Companies and Transmission Business

FirstEnergy Corp. Names Deandra Williams-Lewis Chief Privacy Officer

Is FirstEnergy (NYSE:FE) A Risky Investment?

First quarter 2024 earnings: EPS misses analyst expectations

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

FirstEnergy's (NYSE:FE) Dividend Will Be Increased To $0.425

High number of new directors

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

FirstEnergy: Dividend Distribution Potential, And Cheap Valuation

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 (NYSE:FE) Is Due To Pay A Dividend Of $0.41

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

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

FirstEnergy: Attractive Valuation Overshadowed By Static Dividend And Legal Issues

Here's Why FirstEnergy (NYSE:FE) Is Weighed Down By Its Debt Load

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

Calculating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)

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

FirstEnergy: Continuing To Deliver On The Thesis

FirstEnergy (NYSE:FE) Is Paying Out A Larger Dividend Than Last Year

Upcoming dividend of US$0.41 per share at 4.7% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

FirstEnergy's (NYSE:FE) Shareholders Will Receive A Bigger Dividend Than Last Year

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

Now 23% undervalued after recent price drop

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

FirstEnergy (NYSE:FE) Seems To Be Using A Lot Of Debt

FirstEnergy Continues To Boast Stability In An Uncertain Environment, Despite Q2 Weakness

A Look At The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)

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

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

FirstEnergy (NYSE:FE) Is Paying Out A Dividend Of $0.39

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

FirstEnergy: Attractive Valuation, But Higher Risks Than Peers

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

Calculating The Intrinsic Value Of FirstEnergy Corp. (NYSE:FE)

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

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.39 per share at 3.8% yield

FirstEnergy (NYSE:FE) Is Due To Pay A Dividend Of $0.39

Is FirstEnergy (NYSE:FE) Using Too Much Debt?

FirstEnergy Corp. Announces New Dividend Policy

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

FirstEnergy Non-GAAP EPS of $0.50 misses by $0.03, revenue of $12.5B

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.