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8
FIRSTENERGY BOARD
OF DIRECTORS
Paul T. Addison
Retired, formerly
Managing Director in
the Utilities Department
of Salomon Smith
Barney (Citigroup).
Robert B. Heisler, Jr.
Retired, formerly Dean of
the College of Business
Administration and Gradu-
ate School of Management
of Kent State University.
Retired Chairman of the
Board of KeyBank N.A.
George M. Smart
Non-executive Chair-
man of the FirstEnergy
Corp. Board of
Directors. Retired,
formerly President of
Sonoco-Phoenix, Inc.
Wes M. Taylor
Retired, formerly
President of TXU
Generation.
Julia L. Johnson
President of
NetCommunications,
LLC.
Ted J. Kleisner
Chairman of the Board
and Chief Executive
Officer of Hershey
Entertainment &
Resorts Company.
Donald T. Misheff
Retired, formerly
Managing Partner of the
Northeast Ohio offices
of Ernst & Young LLP.
Ernest J.
Novak, Jr.
Retired, formerly
Managing Partner of
the Cleveland office of
Ernst & Young LLP.
Catherine A. Rein
Retired, formerly
Senior Executive Vice
President and Chief
Administrative Officer
of MetLife, Inc.
Christopher D.
Pappas
President and Chief
Executive Officer of
Styron LLC.
Anthony J.
Alexander
President and Chief
Executive Officer of
FirstEnergy Corp.
Michael J.
Anderson
Chairman of the Board,
President and Chief
Executive Officer of
The Andersons, Inc.
Dr. Carol A.
Cartwright
Retired, formerly
President of Bowling
Green State University.
Retired President of
Kent State University.
William T. Cottle
Retired, formerly
Chairman of the Board,
President and Chief
Executive Officer of
STP Nuclear Operating
Company.
Dear Shareholders:
In 2011, FirstEnergy’s management team and employees made
significant progress in integrating Allegheny Energy, expanding the
Company’s competitive business, and strengthening its financial
position. On behalf of your Board of Directors, I congratulate them
for these accomplishments.
Based on our confidence in your Company’s future, the Board
approved maintaining the annual dividend rate of $2.20. We will
continue to review the dividend on a quarterly basis, in keeping with
Board policy, as the Company pursues opportunities to enhance its
financial performance.
Your Board also is committed to maintaining the appropriate practices
and policies that help ensure good corporate governance.
On behalf of your Board, I would like to express our appreciation to
recently retired director Jesse Williams for his leadership and counsel
during his 20 years of distinguished service to FirstEnergy and its
shareholders.
I welcome Christopher Pappas and Donald Misheff, who were elect-
ed to serve on the Company’s Board in September 2011 and January
2012, respectively. Chris, who previously served as a director of
Allegheny Energy, is President and Chief Executive Officer of Styron
LLC (Trinseo SA). Don retired as Managing Partner at Ernst & Young
in December 2011. Both Don and Chris bring extensive financial and
corporate experience to the Board.
Your Board remains dedicated to representing your interests and
enhancing the value of your investment. Thank you for your ongoing
trust and support.
Sincerely,
GEORGE M. SMART
Chairman of the Board
FIRSTENERGY CORP.
EXECUTIVE OFFICERS
Anthony J. Alexander**
President and Chief
Executive Officer
Mark T. Clark*
Executive Vice President and
Chief Financial Officer
Leila L. Vespoli*
Executive Vice President and
General Counsel
Charles E. Jones**
Senior Vice President and
President, FirstEnergy Utilities
James H. Lash**
President, FirstEnergy
Generation and Chief Nuclear
Officer of FirstEnergy Nuclear
Operating Company
Lynn M. Cavalier**
Senior Vice President,
Human Resources
Donald R. Schneider
President, FirstEnergy
Solutions and Allegheny
Energy Supply Company, LLC
Michael J. Dowling**
Senior Vice President,
External Affairs
James F. Pearson*
Vice President and Treasurer
Harvey L. Wagner*
Vice President, Controller and
Chief Accounting Officer
* Also holds a similar position with FirstEnergy Service Company, FirstEnergy Solutions Corp., FirstEnergy Nuclear
Operating Company, Allegheny Energy Service Corporation and Allegheny Energy Supply Company, LLC.
** Holds a similar position with FirstEnergy Service Company and Allegheny Energy Service Corporation.