Saturday, September 28, 2019

Akron, Ohio-Based Utility Company FirstEnergy's Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Robust 10.2% Per Year During the Past Ten Years

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows FirstEnergy's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
FirstEnergy 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Jones CEO        11,123        15,282        15,282        14,118        14,118        10,008        10,008           4,817           4,791           2,344
Strah CFO           3,496           3,977           3,977           3,342    
Pearson EVP Finance           3,896           5,978           5,978           5,671           5,671           5,553           5,553           4,292           4,270           2,099
Vespoli Chief Legal Officer           4,124           5,118           5,118           4,869           4,869           3,525           3,525           5,710           5,681           2,681
Schneider President FE Solutions           2,943           2,842           2,842           3,031           3,031           2,294    
Lash President FE Solutions  N/A   N/A            2,876           2,636           2,636           3,002           2,978           1,936
Alexander Executive Chairman  N/A   N/A         15,172        10,996
 Totals      25,582     33,197     33,197     31,031     30,565     24,016     21,722     17,821     32,892     20,056
Annual % Change vs Prior Year -22.9% 7.0% 27.3% 21.9% 64.0%
5 Year Average Per Year % Change 19.4%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
FirstEnergy 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Jones CEO           2,466           3,868           3,868           4,800           4,800           2,580    
Pearson EVP Finance  N/A   N/A     
Vespoli Chief Legal Officer           2,809           4,340           4,340           5,545           5,545           2,884           2,884           3,107           3,107           3,436
Lash President FE Solutions           2,028           2,966    
Alexander Executive Chairman        11,720        23,311        23,311        18,329        18,329        11,628        11,628        12,441        12,441        14,951
Clark EVP Finance           3,708           5,613           5,613           6,688           6,688           3,579           3,579           3,771           3,771           3,600
Leidich Retired EVP           6,841           4,427           4,427           4,845           4,845           6,370
Grigg EVP Retired  N/A   N/A            2,918           4,703
 Totals      22,731     40,098     37,132     35,362     42,203     25,098     22,518     24,164     27,082     33,060
Annual % Change vs Prior Year -43.3% 5.0% 68.2% -6.8% -18.1%
5 Year Average Per Year % Change 1.0%
10 Year Average Per Year % Change 10.2%