In Akron, Ohio, FirstEnergy Corp. held its 2025 Annual Meeting of Shareholders where Brian X. Tierney, the Board Chair, President, and CEO, highlighted the company’s progress towards becoming a leading electric company. Tierney emphasized that FirstEnergy is “optimized for performance, growth and financial strength,” aiming to provide value to investors and service to six million customers.
Tierney discussed a redesign of the operating model over the past year aimed at bringing accountability closer to customers and employees in its five-state region. He noted that their leadership team understands community needs which guides investment strategies in the electric system.
The Energize365 capital investment program was also a focal point. In 2024, FirstEnergy invested $4.5 billion as part of this initiative to enhance grid reliability and security while keeping customer costs manageable. The company plans to invest $28 billion through 2029, including $5 billion in 2025.
“Our progress to transform FirstEnergy supports our goal of optimizing the value we provide investors and the communities we serve,” Tierney stated.
A video of Tierney’s presentation can be found on FirstEnergy’s website.
Preliminary voting results from the meeting showed shareholders reelected ten directors for one-year terms and ratified PricewaterhouseCoopers LLP as their independent registered public accounting firm for 2025. A proposal seeking a report on lobbying activities was not approved by shareholders.
FirstEnergy operates one of the largest investor-owned electric systems in the U.S., serving more than six million customers across several states with extensive transmission lines connecting various regions.
