FirstEnergy CFO Brian Kelly Employment Agreement
Ticker: FE · Form: 8-K · Filed: Sep 29, 2025 · CIK: 1031296
| Field | Detail |
|---|---|
| Company | Firstenergy Corp (FE) |
| Form Type | 8-K |
| Filed Date | Sep 29, 2025 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.10, $30,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, employment-agreement
Related Tickers: FE
TL;DR
FirstEnergy locked in its CFO, Brian Kelly, with a new employment agreement as of Sept 23, 2025.
AI Summary
On September 23, 2025, FirstEnergy Corp. announced changes in its executive compensation. Specifically, the company entered into an employment agreement with its Chief Financial Officer, Brian X. Kelly, effective September 23, 2025. The agreement outlines his compensation and other terms of employment.
Why It Matters
This filing details the employment terms for the CFO, providing transparency on executive compensation and potential financial commitments for FirstEnergy Corp.
Risk Assessment
Risk Level: low — The filing concerns standard executive employment agreements and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- FirstEnergy Corp. (company) — Registrant
- Brian X. Kelly (person) — Chief Financial Officer
- September 23, 2025 (date) — Effective date of employment agreement
FAQ
What is the effective date of Brian X. Kelly's new employment agreement?
The employment agreement with Brian X. Kelly is effective as of September 23, 2025.
Who is the Chief Financial Officer of FirstEnergy Corp. mentioned in this filing?
Brian X. Kelly is identified as the Chief Financial Officer of FirstEnergy Corp.
What type of filing is this for FirstEnergy Corp. on September 29, 2025?
This is a Form 8-K Current Report filed by FirstEnergy Corp.
What is the principal executive office address for FirstEnergy Corp.?
The principal executive offices of FirstEnergy Corp. are located at 341 White Pond Drive, Akron, OH 44320.
What is the SIC code for FirstEnergy Corp.?
The Standard Industrial Classification (SIC) code for FirstEnergy Corp. is 4911, which corresponds to Electric Services.
Filing Stats: 2,011 words · 8 min read · ~7 pages · Grade level 16.9 · Accepted 2025-09-29 16:37:31
Key Financial Figures
- $0.10 — ange on which registered Common Stock, $0.10 par value per share FE New York Stock E
- $30,000 — fare coverage for two years; and Up to $30,000 of outplacement services for the one-ye
Filing Documents
- fe-20250923.htm (8-K) — 43KB
- ex101-executiveseverancebe.htm (EX-10.1) — 63KB
- ex102-executivechangeinctr.htm (EX-10.2) — 142KB
- ex103-formoftimexbasedrsua.htm (EX-10.3) — 58KB
- ex104-2026prsuagreement.htm (EX-10.4) — 59KB
- fe-20250923_g1.jpg (GRAPHIC) — 14KB
- 0001031296-25-000056.txt ( ) — 586KB
- fe-20250923.xsd (EX-101.SCH) — 2KB
- fe-20250923_lab.xml (EX-101.LAB) — 21KB
- fe-20250923_pre.xml (EX-101.PRE) — 12KB
- fe-20250923_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits ( d) Exhibits Exhibit No. Description 10.1 FirstEnergy Corp. Executive Severance Benefits Plan, As Amended and Restated as of January 1, 2026. 10.2 FirstEnergy Corp. Executive Change in Control Severance Plan, As Amended and Restated as of January 1, 2026. 10.3 Form of 2020 Incentive Compensation Plan 2026 Time-Based Restricted Stock Unit Award Agreement. 10.4 Form of 2020 Incentive Compensation Plan 2026-2028 Performance-Adjusted Restricted Stock Unit Award Agreement. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. September 29, 2025 FIRSTENERGY CORP. Registrant By: /s/ Jason J. Lisowski Jason J. Lisowski Vice President, Controller and Chief Accounting Officer