George Smart - FirstEnergy Non-Executive Independent Chairman of the Board

FE Stock  USD 37.45  0.62  1.68%   

Chairman

Mr. George M. Smart is no longer NonExecutive Independent Chairman of the Board of the Company effective May 15, 2018. From January 1, 2015 to April 30, 2015 where he was the Lead Independent Director of the Board. Retired in 2004 as president of SonocoPhoenix, Inc., a manufacturer of easy opening lids. He serves as a director of one other company with publicly traded equity securities Ball Corporationrationration. Director of Ohio Edison Company from 1988 to 1997 since 2015.
Age 70
Tenure 9 years
Professional MarksMBA
Address 76 South Main Street, Akron, OH, United States, 44308
Phone800 736 3402
Webhttps://www.firstenergycorp.com
Smart received an M.B.A. from the Wharton School, University of Pennsylvania, with a major in Marketing. He served as the president and chief executive officer of Central States Can Co. from 1978 until 1993 and as chairman of the board and president of the Phoenix Packaging Corporationration from 1993 until 2001. He retired as president of Sonoco Phoenix, Inc. in 2004. Over the past 25 years, Mr. Smart was a director of and has served on various board committees of six public companies.

FirstEnergy Management Efficiency

The company has Return on Asset (ROA) of 0.0276 % which means that for every $100 of assets, it generated a profit of $0.0276. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.111 %, which means that it produced $0.111 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 Total Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangibles To Total Assets is expected to grow to 0.17, whereas Non Current Assets Total are forecasted to decline to about 38.2 B.
The company 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. Debt can assist FirstEnergy until it has trouble settling it off, either with new capital or with free cash flow. So, FirstEnergy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like FirstEnergy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for FirstEnergy to invest in growth at high rates of return. When we think about FirstEnergy's use of debt, we should always consider it together with cash and equity.

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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
Ted Kleisner, Independent Director
Paul Kaleta, Independent Director
Charles Jones, President, Chief Executive Officer, Director
Dan DeVille, Director Areas
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
James Pearson, CFO and Executive VP
Leila Vespoli, Executive Vice President - Markets, Chief Legal Officer
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
Edward Udovich, Assistant Corporate Secretary
Irena Prezelj, Vice President - Investor Relations
James Lash, Executive VP and President of FirstEnergy Generation
Brian Tierney, President CEO
Jerry Thornton, Independent Director
Steven Staub, VP Treasurer
Donald Misheff, Non-Executive Independent Chairman of the Board
Yeboah Amankwah, Vice President - State and Federal Regulatory Legal Affairs
Robert Reffner, Senior Vice President, Chief Legal Officer
Jason Lisowski, Chief Accounting Officer, Vice President Controller
Andrew Teno, Independent Director
Ernest Novak, Independent Director
Allan Smith, President Utilities
Steve Fortune, Chief Information Officer, Vice President
Sandra Pianalto, Independent Director
Melvin Williams, Independent Director
Robert Heisler, Independent Director
William Cottle, 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
Samuel PierreLouis, Vice President - Information Technology
Jon Taylor, Chief Accounting Officer, VP and Controller
Jesse Lynn, Independent Director
Luis Reyes, Independent Director
Donald, President - FirstEnergy Solutions Corp
Samuel Belcher, Senior Vice President, President - FirstEnergy Utilities
Steven Strah, Senior Vice President and Presidentident - FirstEnergy Utilities
John II, Interim Board
George Smart, Non-Executive Independent Chairman of the Board
Christine Walker, Chief Human Resource Officer, Senior Vice President
Kevin Burgess, Vice President - Risk and Internal Audit
Meghan Beringer, Executive Strategy
Charles Lasky, Senior Vice President - Human Resources
Donald Moul, Vice President - Fossil Operations and Environmental
Toby Thomas, Chief Officer
Paul Addison, Independent Director
Gary Benz, Senior Vice President - Strategy
Abigail Phillips, VP Officer
Hyun Park, Senior Vice President Chief Legal Officer
Michelle Henry, Senior Experience
Daniel Dunlap, Assistant Corporate Secretary
David Karafa, Vice Utilities
John Somerhalder, Vice Chairman of the Board, Executive Director
James III, President Operations
Jennifer Geyer, Assistant Corporate Secretary
Ernest Maley, Vice President, Chief Information Officer
James Fakult, President Operations
Mary Swann, Corporate Secretary and Associate General Counsel
Leslie Turner, Independent Director
Bennett Gaines, Senior Vice President, Corporate Services, Chief Information Officer

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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When determining whether FirstEnergy is a strong investment it is important to analyze FirstEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstEnergy's future performance. For an informed investment choice regarding FirstEnergy Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.
Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running FirstEnergy's price analysis, check to measure FirstEnergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
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Is FirstEnergy's industry 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
0.196
Dividend Share
1.58
Earnings Share
1.96
Revenue Per Share
22.138
Quarterly Revenue Growth
(0.01)
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.