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Mar 27, 2023 · AKRON, Ohio, March 27, 2023 -- FirstEnergy Corp. (NYSE: FE) today announced that the board of directors has unanimously agreed to appoint Brian X. Tierney president and chief executive officer, effective June 1, 2023. He succeeds interim President and Chief Executive Officer John W. Somerhalder II. Mr. Somerhalder also serves as chair of ...
- Leadership Team
Brian X. Tierney is President and CEO of FirstEnergy Corp....
- Leadership Team
Aug 15, 2024 · Brian X. Tierney is President and CEO of FirstEnergy Corp. He also is a member of the company’s Board of Directors. Previously, Brian was a Senior Managing Director and Global Head of Operations and Asset Management for Blackstone Infrastructure Partners.
1 day ago · In July, FirstEnergy President and CEO Brian X. Tierney told investors that the utility had set aside nearly $120 million in the second quarter of this year to put the scandal behind it.
- Background on Larry Householder, FirstEnergy and House Bill 6
- Who Is Brian Tierney?
- Brian Tierney Compensation Package
- John Somerhalder Replaced Steven Strah, Who Replaced Fired CEO Chuck Jones
The public corruption case involved $61 million in bribe money paid by FirstEnergy via dark money groups to help former Ohio House Speaker Larry Householder seize political power and, in turn, pass and defend a $1.3 billion bailout law known as House Bill 6. A federal jury found Householder and ex-Ohio Republican Party Chairman Matt Borges guiltyof...
Tierney, 55, is currently a senior managing director and global head of infrastructure operations and asset management at asset management firm Blackstone, where he started working in 2021. Blackstone became one of FirstEnergy's largest shareholders in late 2021, when the investment firm acquired $1 billionworth of the utility company's stock. The ...
According to the company's latest 8-Kfiled Monday, Tierney's compensation package, approved by the board on March 22, includes an annual base salary of $1.5 million, which will be reviewed annually, and a hiring bonus equal to $1.5 million. He's also expected to be eligible to participate in the company’s executive relocation program, executive def...
Somerhalder was named interim CEO in September after the resignation of President and CEO Steven Strah. At the time, FirstEnergy said the permanent replacement would be hired from outside the company. "Brian Tierney is a proven leader with deep experience in the energy industry, a unique blend of operational, financial and strategic skills, and a s...
Mar 27, 2023 · FirstEnergy Corp said on Monday it appointed Blackstone Inc executive Brian Tierney as its president and chief executive officer, effective June 1.
Jul 11, 2023 · Brian X. Tierney, 55, began his new tenure as FirstEnergy’s president and chief executive officer on June 1. Tierney joins FirstEnergy from Blackstone Inc., where he served as the global head of portfolio operations and asset management for the infrastructure group.
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1 day ago · FirstEnergy President and CEO Brian Tierney said the company is pleased it was able to reach a settlement with the SEC, which said the company has to pay the penalty within 14 days or face ...
