Reports third quarter 2024 GAAP earnings from continuing operations of $0.73 per share and operating (non-GAAP) earnings of $0.85 per share, within guidance range Narrows full-year 2024 operating (non-GAAP) earnings guidance to $2.61 to $2.71 per share Increases 2024 capital investment plan from $4.3 billion to $4.6 billion, an increase of approximately 7%, and 24% higher than 2023 Affirms targeted 6-8% long-term annual operating earnings growth AKRON, Ohio, Oct. 29, 2024 /PRNewswire/ -- FirstEnergy Corp. ( ...

Core Insights - FirstEnergy Corp. has appointed Karen McClendon as Senior Vice President and Chief Human Resources Officer, effective November 11, 2024 [1][2] Group 1: Leadership and Role - McClendon will lead the integration and advancement of the company's human capital strategy, aligning it with FirstEnergy's strategic vision to become a premier electric company [2] - She will oversee key HR functions such as talent management, benefits and compensation, labor relations, and fostering an inclusive workforce [2][4] Group 2: Experience and Background - McClendon brings over 30 years of human resources experience, with a strong track record in culture transformation and inclusive workforce advocacy [3][4] - Prior to joining FirstEnergy, she served as CHRO at Paychex, where she improved employee experience and transformed HR functions through technology [4][5] Group 3: Education and Community Involvement - McClendon holds a Bachelor of Science in business administration from Old Dominion University and an MBA from Temple University [6] - She is actively involved in the community, having served on various boards and received multiple awards for her contributions to employee training and distinction [6] Group 4: Company Overview - FirstEnergy operates one of the largest investor-owned electric systems in the U.S., serving over 6 million customers across several states [7] - The company’s transmission subsidiaries manage over 24,000 miles of transmission lines connecting the Midwest and Mid-Atlantic regions [7]

New Penelec equipment to enhance electric service reliability for more than 1,000 customersERIE, Pa., Oct. 24, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a FirstEnergy Corp. (NYSE: FE) subsidiary doing business as Penelec in northwestern Pennsylvania, recently energized a new transformer at a substation in Bradford to enhance electric service reliability for more than 1,000 customers in Bradford and Bradford Township, including the University of Pittsburgh's Bradford campus.The ...

Nearly 4,900 West Penn Power Customers Will Benefit from the UpgradesGREENSBURG, Pa., Oct. 23, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as West Penn Power in western Pennsylvania, is upgrading its power system in Allegheny County to help prevent lengthy service interruptions, particularly during severe weather. The work includes installation of remote-controlled devices along neighborhood power lines serving nearly 4, ...

FirstEnergy line rebuild to benefit 1,300 customers and meet increased power demand READING, Pa., Oct. 22, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed in northeastern Pennsylvania, recently upgraded its distribution system in southeast Monroe County to help prevent service disruptions and accommodate ongoing residential and commercial growth. The work included rebuilding part of an existing power line with larg ...

The 20,000-square-foot facility is located within Ohio Edison's service area AKRON, Ohio, Oct. 21, 2024 /PRNewswire/ -- American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), recently completed construction on a new operations service center in North Jackson, Mahoning County, to help streamline operations and maximize efficiencies along the local highvoltage power system. American Transmission Systems, Inc. (ATSI), a subsidiary of FirstEnergy Corp. (NYSE: FE), recently com ...

Mon Power and Potomac Edison complete 27-acre solar site in Rivesville FAIRMONT, W.Va., Oct. 18, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have completed their second utility-scale solar site in West Virginia, less than a year after energizing their first solar site at Fort Martin Power Station in Maidsville. Nearly 14,000 solar panels are now producing up to 5.5 megawatts of clean, renewable power at the Rivesville site in Marion County to help meet th ...

Many crews expected to transition from Helene aid in Carolinas and Georgia AKRON, Ohio, Oct. 9, 2024 /PRNewswire/ -- As Hurricane Milton bears down on the west coast of Florida, FirstEnergy Corp. (NYSE: FE) electric companies are sending more than 580 line workers and support personnel to assist Florida Power & Light and Duke Energy with anticipated power restoration efforts following the storm. Many of the crews previously involved in restoring power after Hurricane Helene in the Carolinas and Georgia will ...

FirstEnergy Corp. (FE) , Dominion Energy (D) and American Electric Power (AEP) have jointly proposed to build a new transmission project spanning several states in the Pennsylvania-New Jersey-Maryland Interconnection ("PJM") region. The objective behind the multi-state transmission line is to support the grid, cater to the rising electricity demand from energy-intensive industries in PJM and make space for renewables to be added to the grid. Per PJM Inside Line, PJM has released its new long-term load forec ...

AKRON, Ohio, Oct. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the third quarter and first nine months of 2024 after markets close on Tuesday, October 29. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 9 a.m. EDT on Wednesday, October 30. A question-and-answer session will follow. Investors, customers and other interested parties are invited to listen to a live webcast of the call and view presentation ...