Utilities
FirstEnergy Executive Compensation (FY25)
FE · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 20, 2026
216 figures on this page: 212 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Total compensation for Brian Tierney, Board Chair, President and Chief Executive Officer, came to $13,452,559 in fiscal 2025, and Tierney's total moved 12.7% higher from the $11,933,534 reported for fiscal 2024. The company reported a chief executive pay ratio of 84:1 for fiscal 2025, against median employee compensation of $160,003. 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. 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.
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 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Brian Tierney 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 | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Christine Walker Former Senior Vice President, Chief Human Resources Officer and Corporate Services Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brian X. Tierney | PSU | — | — | — | — | — | — | — |
| Brian X. Tierney | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Brian Tierney | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| K. Taylor | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| A. Smith | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Toby Thomas | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Hyun Park | PSU | ◇ | ◇ | — | — |
| 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.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
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 | ◇ |
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 20, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 21, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 22, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 24, 2023 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
216 figures on this page: 212 cited to the filing that reported them, 4 calculated from figures it prints.
212 cited to the filing
4 calculated from the filing
Documents cited
- 0001031296-26-000089Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-26-1380292025 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
- 0001031296-25-000019Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-25-0718532024 Summary Compensation Table
- 0001031296-24-000028Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-24-0821792023 Summary Compensation Table
- 0001031296-23-000044Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “FirstEnergy executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/FE (accessed 2026).
Short form: data: Velarion
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Utilities rankings
Peers FirstEnergy discloses
The companies named in FE's own disclosed peer group.
Automatic Data Processing IncHoneywell International IncThe Sherwin-Williams CompanyAmeren CorporationAmerican Electric Power Co IncCenterPoint Energy, IncCMS Energy CorpConsolidated Edison, IncDominion Energy, IncDTE Energy CompanyDuke Energy CorporationEdison InternationalEntergy CorporationEvergy, IncEversource EnergyExelon CorporationNextEra Energy, IncNiSource IncPG&E CorporationPPL CorporationPublic Service Enterprise GroupSouthern CompanyWEC Energy GroupXcel Energy Inc
Terms on this page
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}
}