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FirstEnergy Corp. is a privately owned electric utility headquartered in Akron, Ohio. It was established when Ohio Edison merged with Centerior Energy in 1997. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services.
The SEC is requesting a federal court 'disgorge' former FirstEnergy CEO Chuck Jones' 'ill-gotten gains' from his alleged role in a corruption scheme. ... 2024, in Akron, Ohio. [Phil Masturzo ...
And, last year, FirstEnergy spinoff company Energy Harbor announced it was merging with Texas-based Vistra in a $3.43 billion deal that would relocate Energy Harbor’s Akron headquarters on East ...
Akron-based FirstEnergy and its allies bankrolled one of Ohio's largest corruption scandals. But state prosecutors now say the company should be labeled a victim of its former leaders' actions.
Alexander was formerly the director, president and chief executive officer (from 2004 to 2015) of First Energy Corp. and FirstEnergy Service and CEO of FirstEnergy Nuclear Operating Company. At the Pennsylvania Power Company, he is CEO and president. Other places where he holds the position of director include; the Ohio Edison Company, the ...
The Ohio nuclear bribery scandal (2020) is a political scandal in Ohio involving allegations that electric utility company FirstEnergy paid roughly $60 million to Generation Now, a 501(c)(4) organization purportedly controlled by Speaker of the Ohio House of Representatives Larry Householder in exchange for passing a $1.3 billion bailout for the nuclear power operator. [1]
Ohio Attorney General Dave Yost announces the indictments of two former Akron-based FirstEnergy executives and ex-Public Utilities Commission of Ohio Chairman Sam Randazzo on Monday, Feb. 12, 2024.
That agreement included a payment of $19.5 million to the Ohio Attorney General's office and a set-aside of $500,000 for an independent consultant to review the utility's ethics policies.
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