FirstEnergy appoints Jon Dormo as its new vice president
Dormo joins with nearly two decades of industry experience. He will report to regional president Chris Beam while developing reliable power resources for customers.
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Electric utility holding company
firstenergycorp.comLast updated
In short: FirstEnergy reported strong earnings driven by data center demand while facing scrutiny over power outages and a historic bribery scandal.
Dormo joins with nearly two decades of industry experience. He will report to regional president Chris Beam while developing reliable power resources for customers.
JCP&L proposes delaying rate increases to mitigate affordability concerns while supporting a $6.9 billion reliability investment plan through base distribution charges.
About 56,000 customers remain without service, mainly in Ohio and Pennsylvania, while 6,900 workers continue restoration ahead of more storms.
The 1,200-megawatt plant would power about 500,000 homes and is part of the companies' Integrated Resource Plan, pending West Virginia commission approval.
Power outages have become a persistent problem for customers of FirstEnergy and Cleveland Public...
It would also include more clearing of high-risk trees near power lines before storms cause outages.
J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on FirstEnergy yesterday and set a price target of $52.00. The company’s shares closed yesterday at...
FirstEnergy Corp. (US3377381088) opened at $46.58 on August 25, 2026, and the stock carried a market capitalization of $26.96 ...
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