FirstEnergy appoints Brian Tierney as President and CEO, effective June 1, 2023

FIRSTENERGY CORP

Brian X. Tierney appointed President and CEO of FirstEnergy, effective June 1, 2023; he also expected to join the board.
Tierney previously served as Global Head of Infrastructure Operations at Blackstone and spent 23 years at AEP, including as CFO.
John W. Somerhalder ends role as Interim President and CEO on May 31 but continues as Chairman of the Board.
Compensation includes $1.5M base salary, 150% STI target, 683% LTI target, $1.5M hiring bonus, and $5M service-based restricted stock.

item 5.02 item 7.01 item 9.01

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Appointed

Brian X. Tierney

President and Chief Executive Officer

FE · FIRSTENERGY CORP

Effective: 2023-06-01
Filed: March 27, 2023, 7:59 PM ET

On March 22, 2023, the Board of Directors (the “Board”) of FirstEnergy Corp. (the “Company”) appointed Brian X. Tierney to the position of President and Chief Executive Officer of the Company, effective as of June 1, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Brian X. Tierney was appointed as President and Chief Executive Officer at FIRSTENERGY CORP.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On March 22, 2023, the Board of Directors (the “Board”) of FirstEnergy Corp. (the “Company”) appointed Brian X. Tierney to the position of President and Chief Executive Officer of the Company, effective as of June 1, 2023.

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FIRSTENERGY CORP filing history →

Source: SEC EDGAR

accession 0001031296-23-000024

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