Steve Fortune - FirstEnergy Chief Information Officer, Vice President

FE Stock  USD 40.12  0.37  0.91%   

President

Steve Fortune is Chief Information Officer, Vice President of FirstEnergy since 2022.
Tenure 2 years
Address 76 South Main Street, Akron, OH, United States, 44308
Phone800 736 3402
Webhttps://www.firstenergycorp.com

FirstEnergy Management Efficiency

The company has Return on Asset (ROA) of 0.0271 % which means that for every $100 of assets, it generated a profit of $0.0271. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0831 %, which means that it produced $0.0831 on every 100 dollars invested by current stockholders. FirstEnergy's management efficiency ratios could be used to measure how well FirstEnergy manages its routine affairs as well as how well it operates its assets and liabilities. At present, FirstEnergy's Return On Equity is projected to increase slightly based on the last few years of reporting. At present, FirstEnergy's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 2.9 B, whereas Non Current Assets Total are forecasted to decline to about 38.2 B.
FirstEnergy reports 24.91 B of total liabilities with total debt to equity ratio (D/E) of 1.89, which is normal for its line of buisiness. FirstEnergy has a current ratio of 0.65, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for FirstEnergy to invest in growth at high rates of return.

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FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio. FirstEnergy Corp operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 12395 people. FirstEnergy (FE) is traded on New York Stock Exchange in USA. It is located in 76 South Main Street, Akron, OH, United States, 44308 and employs 12,042 people. FirstEnergy is listed under Electric Utilities category by Fama And French industry classification.

Management Performance

FirstEnergy Leadership Team

Elected by the shareholders, the FirstEnergy's board of directors comprises two types of representatives: FirstEnergy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of FirstEnergy. The board's role is to monitor FirstEnergy's management team and ensure that shareholders' interests are well served. FirstEnergy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, FirstEnergy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Julia Johnson, Independent Director
Antonio Fernandez, Chief Compliance and Ethics Officer, Vice President
Michael Montaque, Vice President - Internal Audit
Christopher Pappas, Executive Independent Director
Paul Kaleta, Independent Director
Charles Jones, President, Chief Executive Officer, Director
Dan DeVille, Director Areas
Karen McClendon, Senior Officer
James Oneil, Independent Director
Lisa Hicks, Independent Director
Patricia Mullin, Acting Operations
Steven Demetriou, Independent Director
Michael Anderson, Independent Director
Irene Prezelj, Vice President - Investor Relations
Thomas Mitchell, Independent Director
Camilo Serna, Vice President
Randall Frame, Executive Program
K Taylor, Chief Financial Officer, Senior Vice President
Gretchan Sekulich, Vice Marketing
George Farah, Vice Services
Brian Tierney, President CEO
Steven Staub, VP Treasurer
Donald Misheff, Non-Executive Independent Chairman of the Board
Robert Reffner, Senior Vice President, Chief Legal Officer
Jason Lisowski, Chief Accounting Officer, Vice President Controller
Mark PE, President Transmission
Andrew Teno, Independent Director
Allan Smith, President Utilities
Steve Fortune, Chief Information Officer, Vice President
Sandra Pianalto, Independent Director
Melvin Williams, Independent Director
Carl Bridenbaugh, Vice Transmission
Soubhagya Parija, Chief Risk Officer, Vice President
Scott Wyman, President Operations
Ebony YeboahAmankwah, Vice President, Deputy General Counsel, Corporate Secretary, Chief Ethics Officer
Jon Taylor, Chief Accounting Officer, VP and Controller
Jesse Lynn, Independent Director
Luis Reyes, Independent Director
Samuel Belcher, Senior Vice President, President - FirstEnergy Utilities
Steven Strah, Senior Vice President and Presidentident - FirstEnergy Utilities
John II, Interim Board
Christine Walker, Chief Human Resource Officer, Senior Vice President
Meghan Beringer, Executive Strategy
Toby Thomas, Chief Officer
Gary Benz, Senior Vice President - Strategy
Abigail Phillips, VP Officer
Hyun Park, Senior Vice President Chief Legal Officer
Michelle Henry, Senior Experience
David Karafa, Vice Utilities
John Somerhalder, Vice Chairman of the Board, Executive Director
James III, President Operations
Ernest Maley, Vice President, Chief Information Officer
James Fakult, President Operations
Mary Swann, Corporate Secretary and Associate General Counsel
Leslie Turner, Independent Director

FirstEnergy Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is FirstEnergy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstEnergy. If investors know FirstEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.049
Dividend Share
1.67
Earnings Share
1.55
Revenue Per Share
23.076
Quarterly Revenue Growth
0.069
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.