1. FirstEnergy Appoints Chief Compliance Officer Amid Bribery Probe

    FirstEnergy Appoints Chief Compliance Officer Amid Bribery Probe

    FirstEnergy Corp. said Monday that Antonio Fernández will serve as chief compliance officer, effective April 12, as the Ohio utility works to put a bribery scandal behind it. Mr. Fernández, an industry veteran , will oversee the utility’s efforts to reform its ethics and compliance function as the company deals with multiple federal probes into the alleged bribery of an Ohio state lawmaker...

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    1. Antonio's skills and experience will be instrumental in reinforcing FirstEnergy's core values and behaviors and further embedding compliance, ethics and integrity into the company's culture.
    2. That said, the Ohio-related overhang we've seen in FirstEnergy since July 2020 will likely persist until the [Justice Department] investigation reaches a resolution.
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