FirstEnergy Corp (FE) company profile
Close on Nov 12, 2026Market cap $26.92BP/E 22.4Yield 3.78%
About FirstEnergy
Electric Services, SIC 4911
FirstEnergy Corp. is an investor-owned public utility holding company engaged in the transmission, distribution, and generation of electricity. The company operates through three principal reportable segments: Distribution, Integrated, and Stand-Alone Transmission. Through its regulated utility subsidiaries, it provides electric delivery services to end users, standard service offer customers, and wholesale transmission connections, while operating electric generation assets that include coal, solar, and pumped-storage hydroelectric capacity.
The company delivers electricity to more than six million customers across approximately 65,000 square miles in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. Its network spans over 24,000 miles of transmission lines, two regional transmission operation centers, and 3,610 megawatts of total generation capacity. FirstEnergy employs 11,186 workers across the United States and is headquartered in Akron, Ohio.
Summary of the business section of FirstEnergy's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FirstEnergy Corp
- Founded
- 1997
- Headquarters
- Akron, OH
- Address
- 341 White Pond Drive 44320
- Phone
- (330) 761-7837
- Website
- firstenergycorp.com
- Employees
- 11,186, Dec 31, 2025
- Industry
- Electric Services
- Incorporated in
- Ohio
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Cleveland, Ohio
Stock & identifiers
- Ticker
- FE
- Exchange
- NYSE
- IPO date
- Nov 10, 1997
- Shares outstanding
- 579M, Sep 30, 2026
- Public float
- $23.21B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1031296
- CUSIP
- 337932107
- ISIN
- US3379321074
- FIGI
- BBG000BB6M98
- Share class FIGI
- BBG001S5R3N4
- LEI
- 549300SVYJS666PQJH88
- EIN
- 34-1843785
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Brian X. Tierney | Chairman, President and CEO, Director | 524,749 |
| Jon Taylor K. | SVP, CFO and Strategy | 125,446 |
| Jason Lisowski | VP, Controller & CAO | 7,176 |
| Toby L. Thomas | Chief Operating Officer | 39,149 |
| Hyun Park | SVP & CLO | 126,962 |
| Allan Wade Smith | President, FE Utilities | 121,727 |
| Steven J. Demetriou | Director | 12,431 |
| Jana T. Croom | Director | 2,835 |
| John W. Somerhalder Ii | Director | 162,909 |
| James F. Oneil | Director | 1,907 |
| Leslie M. Turner | Director | 8,477 |
| Paul J. Kaleta | Director | 2,051 |
| Lisa Winston Hicks | Director | 2,551 |
| Melvin D. Williams | Director | 2,892 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $13.45M | $17.91M | $3.37M | $180 | $144 |
| FY2024 | $11.93M | $10.73M | $2.93M | $153 | $129 |
| FY2023 Brian X.Tierney | $26.45M | $30.95M | $4.48M | $135 | $108 |
| FY2023 John W.Somerhalder Ii | $4.50M | $4.85M | $4.48M | $135 | $108 |
| FY2022 John W.Somerhalder II | $3.66M | $3.93M | $3.20M | $148 | $118 |
| FY2022 John W.Somerhalder Ii | $3.66M | $3.93M | $3.20M | $148 | $118 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Total | vs. prior year |
|---|---|---|---|---|---|
| Brian X. Tierney | $1.51M | $13.23M | $2.39M | $17.13M | – |
| K. Jon Taylor | $878.37K | $3.95M | $837.90K | $5.66M | – |
| A. Wade Smith | $762.92K | $3.26M | $646.91K | $4.67M | – |
| Hyun Park | $763.41K | $1.97M | $611.67K | $3.35M | – |
| Toby L. Thomas | $627.46K | $1.37M | $469.22K | $2.47M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, FirstEnergy had 11,186 employees, all of whom were located in the United States as follows:”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 18, 2020 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Nov 9, 2020 | Late filing | Notification of late filing |
| Aug 10, 2020 | Late filing | Notification of late filing |
| Apr 5, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 5, 2018 | Bankruptcy | Bankruptcy or receivership (8-K Item 1.03) |
| Feb 25, 2011 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 23, 2010 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Dec 16, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 24, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 15, 2003 | Late filing | Notification of late filing |
| Sep 22, 2000 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Feb 3, 1997 | Merger | Registration of securities for a merger or exchange offer (S-4) |
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