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FirstEnergy ( (FE) ) has shared an announcement.
FirstEnergy Corp. announced that its Board of Directors has appointed Brian X. Tierney, the current President and CEO, as the Chair of the Board, effective January 1, 2025. This move is intended to strengthen the company’s leadership as it continues its Energize365 capital investment program, aiming to deliver more secure and reliable energy. The appointment highlights FirstEnergy’s strategic direction and commitment to shareholder value, with John W. Somerhalder II remaining on the Board and Lisa Winston Hicks continuing as Lead Independent Director.
More about FirstEnergy
FirstEnergy Corp. is a prominent player in the electric utility industry, operating one of the largest investor-owned electric systems in the United States. It serves customers across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York, and its transmission subsidiaries manage approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions.
YTD Price Performance: 13.41%
Average Trading Volume: 2,785,128
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.96B
Find detailed analytics on FE stock on TipRanks’ Stock Analysis page.
