FirstEnergy Corp. announced that Steven J. Demetriou and James F. O'Neil III were elected to the company's Board of Directors on January 17, 2017.
Demetriou, 58, is chairman and chief executive officer of Dallas-based Jacobs Engineering Group, Inc., a global technical professional and construction services company. O'Neil, 58, is a partner at Western Commerce Group, an advisory and investment firm based in Fort Worth, Texas.
"We welcome Steve Demetriou and Jim O'Neil to our Board," said George M. Smart, chairman of FirstEnergy's Board of Directors. "Both are seasoned leaders with extensive executive and board experience, which will be valuable to our company and its shareholders."View Full Story
FirstEnergy Corp. (NYSE: FE) President and Chief Executive Officer Charles E. Jones told shareholders at today’s Annual Meeting that the company has made good progress on a number of its key initiatives, while focusing its efforts on achieving more regulated, customer-centered growth.
Calling 2015 a “productive and pivotal year for FirstEnergy,” Jones cited the company’s achievements including the continued success of a multi-year transmission investment program, solid results from a cash flow improvement initiative, and the launch of a new branding campaign that showcases the company’s environmental commitment.
A transcript of Jones' prepared remarks can be found here.View Full Story
FirstEnergy has launched a Scam and Fraud Information section on its website to help raise awareness of fraudulent activity and educate utility customers about these threats to their personal safety and security. The new site, available at www.firstenergycorp.com/scaminfo, describes known scams targeting utility customers, and provides tips and resources to help consumers identify fraudulent schemes.View Full Story
03/21/2017FirstEnergy Corp. Declares Unchanged Common Stock Dividend
The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared an unchanged quarterly dividend of 36 cents per share of outstanding common stock. The dividend will be payable June 1, 2017, to shareholders of record at the close of business on May 5, 2017.
03/20/2017$166 Million in Infrastructure Projects Planned in Mon Power Area During 2017 to Enhance Electric System
FirstEnergy Corp. (NYSE: FE) expects to invest about $166 million in 2017 on distribution and transmission infrastructure projects to help enhance service reliability for its customers in Mon Power's 34-county West Virginia service area.
03/13/2017FirstEnergy Utilities Preparing for Winter Storm Expected to Impact Eastern U.S.
FirstEnergy Corp. (NYSE: FE) personnel are prepared to respond when the heavy snow and potentially high winds associated with a forecasted large winter storm impact the eastern part of the country beginning Monday evening through Wednesday.
03/10/2017FirstEnergy Energizes New Transmission Line in Ashland County
FirstEnergy Corp. (NYSE: FE) energized a 69-kilovolt transmission line project this week that will modernize the local power grid to meet the future needs of Ohio Edison customers in Ashland County.
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