FIRSTENERGY CORP shareholders rejected Shareholder proposal regarding an independent board chair at the 2026-05-20 meeting.
“Item 4 – Shareholder proposal regarding an independent board chair. Item 4 was not approved based on the following votes: Number of Votes For Against Abstentions Broker Non-Votes 161,118,889 330,473,855 2,059,184 37,545,666”
Shareholder Votes
FIRSTENERGY CORP shareholders approved Approve, on an advisory basis, named executive officer compensation at the 2026-05-20 meeting.
“Item 3 – Approve, on an advisory basis, named executive officer compensation . Item 3 was approved based on the following votes: Number of Votes For Against Abstentions Broker Non-Votes 471,763,712 19,555,719 2,332,500 37,545,663”
Shareholder Votes
FIRSTENERGY CORP shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2026 at the 2026-05-20 meeting.
“Item 2 – Ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2026 . Item 2 was approved based on the following votes: Number of Votes For Against Abstentions 514,201,293 16,173,608 822,693”
Shareholder Votes
FIRSTENERGY CORP shareholders approved Election of the Board of Directors at the 2026-05-20 meeting.
“The following persons were elected to the Company’s Board of Directors for a term expiring at the Annual Meeting of Shareholders in 2027 and until their successors shall have been elected: Number of Votes Nominees For Against Abstentions Broker Non-Votes Heidi L. Boyd 485,279,027 6,924,659 1,448,264 37,545,644 Jana T. Croom 485,843,592 6,467,416 1,340,942 37,545,644 Steven J. Demetriou 466,478,429 25,909,597 1,263,919 37,545,649 Lisa Winston Hicks 485,155,744 7,281,139 1,215,067 37,545,644 Paul Kaleta 427,352,769 64,993,434 1,305,735 37,545,656 James F. O’Neil III 480,582,612 11,674,345 1,394,992 37,545,645 John W. Somerhalder II 485,492,654 6,929,732 1,229,560 37,545,648 Brian X. Tierney 475,427,320 16,869,153 1,355,471 37,545,650 Leslie M. Turner 479,203,044 13,175,714 1,273,190 37,545,646”
Material Agreements
FIRSTENERGY CORP amended Fifth Amended and Restated Limited Liability Company Agreement of FET with North American Transmission Company II L.P. (effective 2026-05-20).
“On May 20, 2026, FirstEnergy, FET and Investor entered into a Fifth Amended and Restated Limited Liability Company Agreement of FET (the “Fifth LLC Agreement”), which amends and restates the Fourth LLC Agreement in its entirety.”
Earnings Releases
FIRSTENERGY CORP reported three months ended March 31, 2026 results: revenue $4.2 billion, net income $405 million, EPS $0.70. Guidance reaffirmed.
“FirstEnergy Corp. (NYSE: FE) today reported first quarter 2026 GAAP earnings of $405 million, or $0.70 per basic and diluted share, on revenue of $4.2 billion.”
Debt Financings
FIRSTENERGY CORP incurred convertible notes of $1.35 billion aggregate principal amount of its 3.625% Convertible Senior Notes due 2029 and $1.15 billion aggregate pri with The Bank of New York Mellon Trust Company, N.A. at 3.625% per year and 3.875% per year maturing January 15, 2029 and January 15, 2031.
“On June 12, 2025, FirstEnergy Corp. (the “Company”) completed its offering of $1.35 billion aggregate principal amount of its 3.625% Convertible Senior Notes due 2029 (the “2029 Notes”) and $1.15 billion aggregate principal amount of its 3.875% Convertible Senior Notes due 2031 (the “2031 Notes””
Earnings Releases
FIRSTENERGY CORP reported first quarter 2024 results: revenue $3.3 billion, net income $253 million, EPS $0.44. Guidance reaffirmed.
“FirstEnergy Corp. (NYSE: FE) today reported first quarter 2024 GAAP earnings of $253 million, or $0.44 per basic and diluted share, on revenue of $3.3 billion.”
Material Agreements
FIRSTENERGY CORP entered into Fourth Amended and Restated Limited Liability Company Agreement of FET with North American Transmission Company II L.P., Brookfield Super-Core Infrastructure Partners L.P., Brookfield Super-Core Infrastructure Partners (NUS) L.P., Brookfield Super-Core Infrastructure Partners (ER) SCSp (effective 2024-03-25).
“On March 25, 2024, pursuant to the terms of the Purchase Agreement and in connection with the Closing, FirstEnergy and FET entered into a Fourth Amended and Restated Limited Liability Company Agreement of FET (the “Fourth LLC Agreement”) with Investor which amends and restates in its entirety the Third Amended and Restated Limited Liability Company Agreement dated as of May 31, 2022”
Sean Klimczak resigned as Director at FIRSTENERGY CORP.
“following the notice of resignation by Sean Klimczak”
Earnings Releases
FIRSTENERGY CORP updated its the three months and full year ended December 31, 2023 guidance (reaffirmed).
“On February 8, 2024, FirstEnergy Corp. (“FirstEnergy” or the “Company”) issued a press release (the “Release”) announcing its financial results for the three months and full year ended December 31, 2023 and providing earnings guidance for the three months ended March 31, 2024 and full year ended December 31, 2024.”
Andrew Teno resigned as Director at FIRSTENERGY CORP.
“On December 8, 2023, Andrew Teno, a member of the Board of Directors (the “Board”) of FirstEnergy Corp. (the “Company”), tendered his resignation as a director of the Company, effective immediately.”
A. Wade Smith was appointed as President, FirstEnergy Utilities at FIRSTENERGY CORP.
“On November 10, 2023, the Board also appointed A. Wade Smith to the position of President, FirstEnergy Utilities of the Company, effective as of December 18, 2023.”
Toby L. Thomas was appointed as Chief Operating Officer at FIRSTENERGY CORP.
“On November 10, 2023, the Board of Directors (the “Board”) of FirstEnergy Corp. (the “Company”) appointed Toby L. Thomas to the position of Chief Operating Officer of the Company, effective as of November 30, 2023.”
Earnings Releases
FIRSTENERGY CORP updated its Long-term annual guidance (reaffirmed).
“The company also affirmed its long-term, 6% to 8% targeted annual operating earnings per share growth rate, which is based off the previous year’s operating earnings guidance midpoint.”
Earnings Releases
FIRSTENERGY CORP reported Q4 2023 results: net income 315-375 million, EPS 0.55-0.65. Guidance initiated.
“the company is providing a guidance range of $315 million to $375 million, or $0.55 to $0.65 per share for the fourth quarter of 2023, based on 574 million shares outstanding.”
“FirstEnergy narrowed its full-year 2023 operating (non-GAAP) earnings guidance range to $2.49 to $2.59 per share based on 573 million shares outstanding, from its original range of $2.44 to $2.64 per share.”
Earnings Releases
FIRSTENERGY CORP reported 9M 2022 results: revenue 9.3 billion, net income 809 million, EPS 1.42.
“This compares to GAAP earnings of $809 million, or $1.42 per basic share ($1.41 diluted), on revenue from continuing operations of $9.3 billion in the first nine months of 2022.”
Earnings Releases
FIRSTENERGY CORP reported 9M 2023 results: revenue 9.7 billion, net income 948 million, EPS 1.66.
“For the first nine months of 2023, FirstEnergy reported GAAP earnings from continuing operations of $948 million, or $1.66 per basic share ($1.65 diluted), on revenue of $9.7 billion.”
Earnings Releases
FIRSTENERGY CORP reported Q3 2022 results: revenue 3.5 billion, net income 334 million, EPS 0.58.
“In the third quarter of 2022, the company reported GAAP earnings from continuing operations of $334 million, or $0.58 per basic and diluted share, on revenue of $3.5 billion.”
Earnings Releases
FIRSTENERGY CORP reported Q3 2023 results: revenue 3.5 billion, net income 421 million, EPS 0.74.
“FirstEnergy Corp. (NYSE: FE) today reported third quarter 2023 GAAP earnings from continuing operations of $421 million, or $0.74 per basic share ($0.73 diluted), on revenue of $3.5 billion.”
Earnings Releases
FIRSTENERGY CORP reported first half of 2023 results: revenue $6.2 billion, net income $527 million, EPS $0.92 per basic and diluted share. Guidance reaffirmed.
“For the first half of 2023, FirstEnergy reported GAAP earnings of $527 million, or $0.92 per basic and diluted share, on revenue of $6.2 billion.”
Earnings Releases
FIRSTENERGY CORP reported second quarter 2023 results: revenue $3.0 billion, net income $235 million, EPS $0.41 per basic and diluted share. Guidance reaffirmed.
“FirstEnergy Corp. (NYSE: FE) today reported second quarter 2023 GAAP earnings of $235 million, or $0.41 per basic and diluted share, on revenue of $3.0 billion.”
Shareholder Votes
FIRSTENERGY CORP shareholders rejected Shareholder proposal requesting the formation of a new Board committee to oversee decarbonization risk. at the 2023-05-24 meeting.
“Item 7 – Shareholder proposal requesting the formation of a new Board committee to oversee decarbonization risk. Item 7 was not approved and received the following vote.”
Shareholder Votes
FIRSTENERGY CORP shareholders rejected Shareholder proposal requiring shareholder ratification of executive termination pay. at the 2023-05-24 meeting.
“Item 6 - Shareholder proposal requiring shareholder ratification of executive termination pay. Item 6 was not approved and received the following vote:”
Shareholder Votes
FIRSTENERGY CORP shareholders approved Approve an amendment to the Amended and Restated Code of Regulations to reduce the percentage of shares required to call a special meeting of shareholders. at the 2023-05-24 meeting.
“Item 5 – Approve an amendment to the Amended and Restated Code of Regulations to reduce the percentage of shares required to call a special meeting of shareholders. Item 5 was approved and received the following vote:”
Shareholder Votes
FIRSTENERGY CORP shareholders approved Approve, on an advisory basis, the frequency of future advisory votes to approve named executive officer compensation. at the 2023-05-24 meeting.
“Item 4 - Approve, on an advisory basis, the frequency of future advisory votes to approve named executive officer compensation. Item 4 received the following vote: Number of Votes Every Year Every 2 Years Every 3 Years Abstentions Broker Non-Votes 468,727,650 1,831,498 5,522,864 2,211,955 39,207,114”
Shareholder Votes
FIRSTENERGY CORP shareholders approved Approve, on an advisory basis, named executive officer compensation. at the 2023-05-24 meeting.
“Item 3 – Approve, on an advisory basis, named executive officer compensation. Item 3 was approved and received the following vote:”
Shareholder Votes
FIRSTENERGY CORP shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the 2023 fiscal year. at the 2023-05-24 meeting.
“Item 2 – Ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the 2023 fiscal year. Item 2 was approved and received the following vote:”
Shareholder Votes
FIRSTENERGY CORP shareholders approved Election of Directors at the 2023-05-24 meeting.
“Item 1 – The following persons were elected to the Company’s Board for a term expiring at the Annual Meeting of Shareholders in 2024 and until their successors shall have been elected:”
Brian X. Tierney was appointed as Director at FIRSTENERGY CORP.
“Also, on May 24, 2023, at the recommendation of the Corporate Governance, Corporate Responsibility and Political Oversight Committee, the Board appointed Mr. Brian X. Tierney as a director of the Company, effective June 1, 2023.”
Jesse A. Lynn departed as Director at FIRSTENERGY CORP.
“On May 24, 2023, Jesse A. Lynn, a member of the Board of Directors (the “Board”) of FirstEnergy Corp. (the “Company”), provided notice to the Company that he would not stand for re-election as a member of the Board at the Company’s 2023 annual meeting of shareholders (the “Annual Meeting”).”
Debt Financings
FIRSTENERGY CORP incurred convertible notes of $1.5 billion aggregate principal amount at 4.00% per year maturing May 1, 2026.
“On May 4, 2023, FirstEnergy Corp. (the “Company”) completed its previously announced offering of $1.5 billion aggregate principal amount of its 4.00% Convertible Senior Notes due 2026 (the “convertible notes”), which included $200 million aggregate principal amount of the convertible notes purchased pursuant to the full exercise of the option granted to the initial purchasers pursuant to the Purchase Agreement (the “Purchase Agreement”), dated May 1, 2023, among the Company and the initial purchasers party thereto.”
Material Agreements
FIRSTENERGY CORP entered into Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $1.5 billion aggregate principal amount (effective 2023-05-04).
“In connection with the issuance of the convertible notes, the Company entered into an Indenture, dated May 4, 2023 (the “Indenture”), with The Bank of New York Mellon Trust Company, N.A., as trustee.”
Earnings Releases
FIRSTENERGY CORP reported the three months ended March 31, 2023 results: revenue $3.2 billion, net income $292 million, EPS $0.51 per basic and diluted share. Guidance reaffirmed.
“FirstEnergy Corp. (NYSE: FE) today reported first quarter 2023 GAAP earnings of $292 million, or $0.51 per basic and diluted share, on revenue of $3.2 billion.”
Brian X. Tierney was appointed as President and Chief Executive Officer at FIRSTENERGY CORP.
“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.”
Earnings Releases
FIRSTENERGY CORP reported the fourth quarter of 2022 results: revenue $3.2 billion, net income $(403) million, EPS $(0.71) per basic and diluted share. Guidance initiated.
“In the fourth quarter of 2022, FirstEnergy reported a GAAP loss of $(403) million, or $(0.71) per basic and diluted share, on revenue of $3.2 billion.”
Earnings Releases
FIRSTENERGY CORP reported full year 2022 results: revenue $12.5 billion, net income $406 million, EPS $0.71 per basic and diluted share. Guidance initiated.
“FirstEnergy Corp. (NYSE: FE) today reported full year 2022 GAAP earnings of $406 million, or $0.71 per basic and diluted share, on revenue of $12.5 billion.”
Material Agreements
FIRSTENERGY CORP entered into Purchase Agreement with North American Transmission Company II L.P., Brookfield Super-Core Infrastructure Partners L.P., Brookfield Super-Core Infrastructure Partners (NUS) L.P., Brookfield Super-Core Infrastructure Partners (ER) SCSp, and North American Transmission FinCo L.P. valued at $3.5 billion (effective 2023-02-02).
“On February 2, 2023, FirstEnergy Corp. (“FirstEnergy”), along with FirstEnergy Transmission, LLC, a majority-owned subsidiary of FirstEnergy that primarily owns controlling equity interests of certain of FirstEnergy’s transmission assets (“FET”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with North American Transmission Company II L.P. (“Investor”), FirstEnergy’s existing joint venture partner in FET and a controlled investment vehicle entity of Brookfield Infrastructure Partners, an experienced investor in U.S. infrastructure (“Brookfield”), Brookfield Super-Core Infrastructure Partners L.P., Brookfield Super-Core Infrastructure Partners (NUS) L.P. and Brookfield Super-Core Infrastructure Partners (ER) SCSp, as guarantors of Investor’s obligations and liabilities thereunder, and, for the limited purposes described therein, North American Transmission FinCo L.P., pursuant to which FirstEnergy agreed to sell to Investor at the closing (the “Closing”), and Inv”
Samuel L. Belcher retired as Senior Vice President, Operations at FIRSTENERGY CORP.
“On January 17, 2023, Samuel L. Belcher notified FirstEnergy Corp. (the “Company”) of his intent to retire as the Senior Vice President, Operations of the Company, effective as of May 1, 2023.”
John W. Somerhalder II was appointed as Interim President and Chief Executive Officer at FIRSTENERGY CORP.
“the Board of Directors (the “Board”) of the Company has appointed Mr. John W. Somerhalder II to serve as Interim President and Chief Executive Officer of the Company, effective as of September 16, 2022”
Steven E. Strah retired as President and Chief Executive Officer at FIRSTENERGY CORP.
“the decision by Steven E. Strah on September 15, 2022 to retire as the President and Chief Executive Officer of the Company, effective as of September 16, 2022”
John W. Somerhalder II departed as Vice Chair and Executive Director at FIRSTENERGY CORP.
“In connection with Mr. Somerhalder’s appointment as Chair of the Board, his employment as an executive of the Company will end effective May 20, 2022.”
John W. Somerhalder II was appointed as Chair of the Board at FIRSTENERGY CORP.
“On May 17, 2022, the Board of Directors (the “Board”) of FirstEnergy Corp. (the “Company”) appointed Mr. John W. Somerhalder II, who has been serving as Vice Chair and Executive Director since March 2021, as Chair of the Board, effective immediately.”
Julia L. Johnson departed as Director at FIRSTENERGY CORP.
“Messrs. Michael J. Anderson, Donald T. Misheff, Thomas N. Mitchell, Christopher D. Pappas and Luis A. Reyes, and Ms. Julia L. Johnson.”
Luis A. Reyes departed as Director at FIRSTENERGY CORP.
“Messrs. Michael J. Anderson, Donald T. Misheff, Thomas N. Mitchell, Christopher D. Pappas and Luis A. Reyes, and Ms. Julia L. Johnson.”
Christopher D. Pappas departed as Director at FIRSTENERGY CORP.
“Messrs. Michael J. Anderson, Donald T. Misheff, Thomas N. Mitchell, Christopher D. Pappas and Luis A. Reyes, and Ms. Julia L. Johnson.”
Thomas N. Mitchell departed as Director at FIRSTENERGY CORP.
“Messrs. Michael J. Anderson, Donald T. Misheff, Thomas N. Mitchell, Christopher D. Pappas and Luis A. Reyes, and Ms. Julia L. Johnson.”
Donald T. Misheff departed as Director at FIRSTENERGY CORP.
“Messrs. Michael J. Anderson, Donald T. Misheff, Thomas N. Mitchell, Christopher D. Pappas and Luis A. Reyes, and Ms. Julia L. Johnson.”
Michael J. Anderson departed as Director at FIRSTENERGY CORP.
“Messrs. Michael J. Anderson, Donald T. Misheff, Thomas N. Mitchell, Christopher D. Pappas and Luis A. Reyes, and Ms. Julia L. Johnson.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.