FirstEnergy Updates Executive Severance and Equity Award Plans to Align with Industry Peers, Effective January 2026

Reuters

2025/09/30

FirstEnergy Updates Executive Severance and Equity Award Plans to Align with Industry Peers, Effective January 2026

**FirstEnergy Updates Executive Compensation and Severance Plans** FirstEnergy Corporation announced that its Board of Directors has approved updates to its executive compensation and severance programs, effective January 1, 2026. The changes include amendments and restatements to the Executive Severance Benefits Plan and the 2017 Change in Control Severance Plan. Under the revised plans, executives such as the President and CEO, CFO, and other named officers will be eligible for equity awards through new forms of time-based and performance-based restricted stock unit agreements. Additionally, in the event of a change in control, eligible executives may receive cash severance equal to two times their base salary and target short-term incentive, prorated annual incentive payments, continued health coverage for two years, and up to $30,000 in outplacement services. The updates are intended to align the company's executive compensation with current market practices.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FirstEnergy Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001031296-25-000056), on September 29, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FirstEnergy Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001031296-25-000056), on September 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4081","symbol_name":"電力公用事業","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250929:nNDL8C6prg:1","article_id":"2571368667","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2571368667","pubTimestamp":1759178296,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"**FirstEnergy Updates Executive Compensation and Severance Plans** FirstEnergy Corporation announced that its Board of Directors has approved updates to its executive compensation and severance programs, effective January 1, 2026. 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The changes include amendments and restatements to the Executive Severance Benefits Plan and the 2017 Change in Control Severance Plan. Under the revised plans, executives such as the President and CEO, CFO, and other named officers will be eligible for equity awards through new forms of time-based and performance-based restricted stock unit agreements. Additionally, in the event of a change in control, eligible executives may receive cash severance equal to two times their base salary and target short-term incentive, prorated annual incentive payments, continued health coverage for two years, and up to $30,000 in outplacement services. The updates are intended to align the company's executive compensation with current market practices.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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