Utilities

FirstEnergy Executive Compensation (FY25)

FE · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Brian Tierney
Latest say-on-pay support
=
May 20, 2026
Chief executive pay ratio
◇
To the median employee
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of October 19, 2026Latest filing (8-K): May 20, 2026
9 filings cited on this page
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270 figures on this page: 266 cited to the filing that reported them, 4 calculated from figures it prints. See the citations

More on FirstEnergy

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Brian Tierney: $11,933,534 → $13,452,559 (12.7% higher)
Say-on-pay support: 95.0% → 96.0% (1.0 points higher)
CEO pay ratio: 100:1 → 84:1 (16.0% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is FirstEnergy's chief executive and what were they paid?
Total compensation for Brian Tierney, Board Chair, President and Chief Executive Officer, came to $13,452,559 in fiscal 2025. Tierney's total moved 12.7% higher from the $11,933,534 reported for fiscal 2024.
What was FirstEnergy's say-on-pay result?
Shareholders supported the say-on-pay proposal with 96.0% of votes cast for or against in favor at the meeting held May 20, 2026 for fiscal 2025.
Which companies are in FirstEnergy's peer group?
Companies named in the disclosed peer group include Air Products & Chemicals Inc, Alcoa Corporation, Automatic Data Processing Inc, Ball Corporation and BorgWarner Inc, among others. Companies named in the 2025 Utility Peer Group include Ameren Corporation, American Electric Power Co Inc, CenterPoint Energy, Inc, CMS Energy Corp and Consolidated Edison, Inc, among others.
What is FirstEnergy's chief executive pay ratio?
The company reported a chief executive pay ratio of 84:1 for fiscal 2025, against median employee compensation of $160,003.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steven Strah
Former President & CEO
Departed during or after this year
◇—◇—◇◇◇◇
John Somerhalder
Interim President & CEO
◇—◇—◇◇◇◇
K. Jon Taylor
SVP, CFO & Strategy
◇—◇—◇◇◇◇
Samuel Belcher
SVP, Operations
◇—◇—◇◇◇◇
Hyun Park
SVP & Chief Legal Officer
◇—◇—◇◇◇◇
Christine Walker
SVP, Chief Human Resources Officer & Corporate Services
◇—◇—◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brian Tierney
President and Chief Executive Officer
◇◇◇—◇◇◇◇
A. Wade Smith
President, FirstEnergy Utilities
◇◇◇———◇◇
K. Jon Taylor
Senior Vice President, Chief Financial Officer and Strategy
◇—◇—◇◇◇◇
John Somerhalder II
Chair of the Board and Former Interim President and CEO
Departed during or after this year
Served on an interim basis
◇—◇—◇—◇◇
Hyun Park
Senior Vice President, Chief Legal Officer
◇—◇—◇◇◇◇
Samuel Belcher
Former Senior Vice President, Operations
Departed during or after this year
◇—◇—◇◇◇◇
Toby Thomas
Chief Operating Officer
◇◇◇——◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brian Tierney
Chair, President and CEO
◇—◇——◇◇◇
K. Jon Taylor
SVP, CFO & Strategy
◇—◇——◇◇◇
Christine Walker
Former SVP, Chief Human Resources Officer & Corporate Services
Departed during or after this year
◇—◇——◇◇◇
A. Wade Smith
President, FE Utilities
◇—◇——◇◇◇
Hyun Park
SVP & Chief Legal Officer
◇—◇——◇◇◇
Toby Thomas
Chief Operating Officer
◇—◇——◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brian Tierney
Board Chair, President and Chief Executive Officer
◇—◇—◇◇◇◇
K. Jon Taylor
Senior Vice President, Chief Financial Officer and Strategy
◇—◇—◇◇◇◇
A. Wade Smith
President, FirstEnergy Utilities
◇—◇—◇◇◇◇
Hyun Park
Senior Vice President, Chief Legal Officer
◇—◇—◇◇◇◇
Toby Thomas
Chief Operating Officer
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian X. TierneyRSU◇——◇——◇
Brian X. TierneyPSU———————
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Brian TierneyPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
K. TaylorRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
A. SmithRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Toby ThomasPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Hyun ParkPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
A. Wade Smith
President, FirstEnergy Utilities · Change-in-control agreement
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Brian Tierney
Board Chair, President and Chief Executive Officer · Change-in-control agreement
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Hyun Park
Senior Vice President, Chief Legal Officer · Change-in-control agreement
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
K. Jon Taylor
Senior Vice President, Chief Financial Officer and Strategy · Change-in-control agreement
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Toby Thomas
Chief Operating Officer · Change-in-control agreement
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lisa Winston Hicks
Lead independent director
◇◇————◇
Leslie M. Turner
◇◇————◇
Steven J. Demetriou
◇◇————◇
James F. O'Neil III
◇◇————◇
Melvin D. Williams
◇◇————◇
Paul Kaleta
◇◇————◇
Jana T. Croom
◇◇————◇
John W. Somerhalder II
◇◇————◇
Brian X. Tierney and Heidi L. Boyd served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Stock ownership guideline: For more information on ownership guidelines for directors, refer to the “Director Compensation in Fiscal Year 2022” section.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Air Products & Chemicals Inc APD
  • Alcoa Corporation AA
  • Automatic Data Processing Inc ADP
  • Ball Corporation BALL
  • BorgWarner Inc BWA
  • Campbell Soup Company CPB
  • Conagra Brands, Inc CAG
  • Eastman Chemical Company EMN
  • Eaton Corporation ETN
  • Fortune Brands Home & Security, Inc FBIN
  • General Mills, Inc. GIS
  • Hanesbrands, Inc HBI
  • Honeywell International Inc HON
  • Hormel Foods Corporation HRL
  • International Paper Company IP
  • Kellanova K
  • Kinder Morgan, Inc. KMI
  • L3Harris Technologies, Inc LHX
  • Masco Corporation MAS
  • Parker Hannifin Corp PH
  • PPG Industries Inc PPG
  • PVH Corp PVH
  • Rockwell Automation, Inc ROK
  • Stanley Black & Decker, Inc SWK
  • Textron Inc TXT
  • The Clorox Company CLX
  • The Estee Lauder Companies Inc EL
  • The Goodyear Tire & Rubber Co GT
  • The Hershey Company HSY
  • The Sherwin-Williams Company SHW
  • V.F. Corporation VFC
  • Whirlpool Corporation WHR
2025 Utility Peer Group
  • Ameren Corporation AEE
  • American Electric Power Co Inc AEP
  • CenterPoint Energy, Inc CNP
  • CMS Energy Corp CMS
  • Consolidated Edison, Inc ED
  • Dominion Energy, Inc D
  • DTE Energy Company DTE
  • Duke Energy Corporation DUK
  • Edison International EIX
  • Entergy Corporation ETR
  • Evergy, Inc EVRG
  • Eversource Energy ES
  • Exelon Corporation EXC
  • NextEra Energy, Inc NEE
  • NiSource Inc NI
  • PG&E Corporation PCG
  • PPL Corporation PPL
  • Public Service Enterprise Group PEG
  • Southern Company SO
  • WEC Energy Group WEC
  • Xcel Energy Inc XEL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 20, 2026=◇◇◇
2024May 21, 2025=◇◇◇
2023May 22, 2024=◇◇◇
2022May 24, 2023=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Brian Tierney (Board Chair, President and Chief Executive Officer), FY2025 total compensation $13,452,559 (base salary $1,505,769) [exec_comp, SEC accession 0001193125-26-138029, filed 2026-04-01]

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What this page does not include

Everything above is a fact FirstEnergy disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where FirstEnergy sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
270 figures on this page: 266 cited to the filing that reported them, 4 calculated from figures it prints.
266 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001031296-26-000089
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-138029
    2025 Summary Compensation Table · CEO Pay Ratio · Director Compensation in Fiscal Year 202 · Grants of Plan-Based Awards in Fiscal Year 2025 · and 1 more section
  3. 0001031296-25-000019
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-071853
    Compensation Tables
  5. 0001031296-24-000028
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-082179
    2023 Summary Compensation Table
  7. 0001031296-23-000044
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-082288
    Compensation Tables
  9. 0001031296-15-000053
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “FirstEnergy executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FE (accessed 2026).
Short form: data: Velarion

The paid brief for FirstEnergy

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
9 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Utilities rankings

Peers FirstEnergy discloses

The companies named in FE's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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