Seeking efficiency in executive compensation benchmarking?

Unlock Efficiency in Executive Compensation Benchmarking with CompAnalyst Executive

CompAnalyst Executive

The charts on this page feature a breakdown of the total annual pay for the top executives at FIRSTENERGY CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. FIRSTENERGY CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FIRSTENERGY CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Steven E. Strah
Former President & CEO
Total Cash $1,859,372 Equity $6,601,055 Other $92,870 Total Compensation $8,553,297
Samuel L. Belcher
SVP, Operations
Total Cash $1,249,070 Equity $1,886,010 Other $27,756 Total Compensation $3,162,836
K. Jon Taylor
SVP, CFO & Strategy
Total Cash $1,451,661 Equity $1,974,021 Other $32,131 Total Compensation $3,457,813
Christine L. Walker
SVP, Chief Human Resources Officer & Corporate Services
Total Cash $740,656 Equity $638,241 Other $22,828 Total Compensation $1,401,725
Hyun Park
SVP & Chief Legal Officer
Total Cash $1,165,134 Equity $1,584,261 Other $134,077 Total Compensation $2,883,472
John W. Somerhalder II
Interim President & CEO, Director
Total Cash $1,308,756 Equity $2,188,623 Other $41,924 Total Compensation $3,539,303
For its 2022 fiscal year, FIRSTENERGY CORP, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Andrew Teno Total Cash $259,949
Christopher D. Pappas Total Cash $94,741
Donald T. Misheff Total Cash $168,183
James F. O'Neil, III Total Cash $279,870
Jana T. Croom Total Cash $165,169
Jesse A. Lynn Total Cash $329,949
John W. Somerhalder, II Total Cash $166,002
Julia L. Johnson Total Cash $100,428
Leslie M. Turner Total Cash $277,449
Lisa Winston Hicks Total Cash $351,776
Luis A. Reyes Total Cash $94,741
Melvin D. Williams Total Cash $337,449
Michael J. Anderson Total Cash $109,219
Paul Kaleta Total Cash $344,949
Steven J. Demetriou Total Cash $284,583
Thomas N. Mitchell Total Cash $100,380

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.