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FIRSTENERGY BOARD OF DIRECTORS
8




    Paul T. Addison      Anthony J. Alexander   Michael J. Anderson     Dr. Carol A. Cartwright   William T. Cottle   Robert B. Heisler, Jr.




    Dear Shareholders:

    On behalf of your Board of Directors, I want                            FirstEnergy’s corporate governance practices
    to thank FirstEnergy’s management team and                        also ranked among the top 10 percent of all
    employees for another record year.                                utilities and the top 15 percent of all S&P 500
         As a result of continued strong operational                  companies at the beginning of 2008, based
    and financial performance, the market value of                    on corporate governance measures used by
    your Company increased by nearly $3 billion                       ISS Governance Services.
    last year. Our 2007 total shareholder return of                         You can learn more by reading our
    23.6 percent, which reflects stock price appre-                   Corporate Responsibility Report, which offers
    ciation plus reinvested dividends, was among                      a comprehensive look at your Company’s
    the best in our industry. Based on our                            ethics and governance practices, environmental
    confidence in your Company’s future, the                          commitment, health and safety issues, and
    Board increased the common stock dividend                         contributions to our region’s quality of life.
    by an additional 10 percent in December, which                    The report is available online at
    brings the annual rate to $2.20 per share.                        www.firstenergycorp.com.
         As FirstEnergy addresses its opportunities                         Your Board is proud of FirstEnergy’s
    and challenges, we remain committed to                            continued progress in enhancing value to
    rigorous standards of corporate governance                        shareholders and remains committed to ensuring
    and ethics. In February of this year, we were                     that your interests are well represented.
    honored to be named among the top 100                                   Thank you for your ongoing confidence
    Corporate Citizens in the United States by                        and support.
    Corporate Responsibility Officer (CRO)
    Magazine. This prestigious annual study
    measures corporate efforts to address issues                      Sincerely,
    related to climate change, employee relations,
    environment, finance, governance, human
    rights, lobbying and philanthropy.

                                                                      GEORGE M. SMART
                                                                      Chairman of the Board
9




Ernest J. Novak, Jr.       Catherine A. Rein      George M. Smart      Wes M. Taylor           Jesse T. Williams, Sr.




               Paul T. Addison (61)                                              Ernest J. Novak, Jr. (63)
               Retired, formerly Managing Director in the Utilities              Retired, formerly Managing Partner of the
               Department of Salomon Smith Barney (Citigroup).                   Cleveland office of Ernst & Young LLP. Chair,
               Chair, Finance Committee; Member, Audit Committee.                Audit Committee; Member, Finance Committee.
               Director of FirstEnergy Corp. since 2003.                         Director of FirstEnergy Corp. since 2004.

               Anthony J. Alexander (56)                                         Catherine A. Rein (65)
               President and Chief Executive Officer of FirstEnergy              Retired, formerly Senior Executive Vice President
               Corp. Director of FirstEnergy Corp. since 2002.                   and Chief Administrative Officer of MetLife Inc.
                                                                                 Chair, Compensation Committee; Member, Audit
               Michael J. Anderson (56)                                          Committee. Director of FirstEnergy Corp. since
               President and Chief Executive Officer of The                      2001 and of the former GPU, Inc. (merged with
               Andersons, Inc., and Chairman of the Board of                     FirstEnergy in 2001) from 1989-2001.
               Interstate Bakeries Corporation. Member, Finance
               and Nuclear Committees. Director of FirstEnergy                   George M. Smart (62)
               Corp. since 2007.                                                 Non-executive Chairman of the FirstEnergy Corp.
                                                                                 Board of Directors. Retired, formerly President of
               Dr. Carol A. Cartwright (66)                                      Sonoco-Phoenix, Inc. Member, Audit and Corporate
               Retired, formerly President of Kent State University.             Governance Committees. Director of FirstEnergy
               Chair, Corporate Governance Committee; Member,                    Corp. since 1997 and of Ohio Edison from 1988-1997.
               Compensation Committee. Director of FirstEnergy
               Corp. since 1997 and of Ohio Edison from 1992-1997.               Wes M. Taylor (65)
                                                                                 Retired, formerly President of TXU Generation.
               William T. Cottle (62)                                            Member, Compensation and Nuclear Committees.
               Retired, formerly Chairman of the Board, President                Director of FirstEnergy Corp. since 2004.
               and Chief Executive Officer of STP Nuclear
               Operating Company. Chair, Nuclear Committee;                      Jesse T. Williams, Sr. (68)
               Member, Corporate Governance Committee.                           Retired, formerly Vice President of Human
               Director of FirstEnergy Corp. since 2003.                         Resources Policy, Employment Practices and Systems
                                                                                 of The Goodyear Tire & Rubber Company. Member,
               Robert B. Heisler, Jr. (59)                                       Corporate Governance and Nuclear Committees.
               Special Assistant for Community and Business                      Director of FirstEnergy Corp. since 1997 and of
               Strategies to the President of Kent State University;             Ohio Edison from 1992-1997.
               retired Chairman of the Board of KeyBank N.A.
               Member, Compensation and Finance Committees.
               Director of FirstEnergy Corp. from 1998-2004
               and since 2006.
FIRSTENERGY OFFICERS
10



                                                                                                                        FirstEnergy Nuclear
                                                                                                                        Operating Company
     FirstEnergy Corp.                      FirstEnergy Service Company


                                                                                                                        Anthony J. Alexander
     Anthony J. Alexander                                                          Bennett L. Gaines
                                            Anthony J. Alexander
                                                                                                                        Chief Executive Officer
     President and                                                                 Vice President, Information
                                            President and
     Chief Executive Officer                                                       Technology & Corporate Security,
                                            Chief Executive Officer
                                                                                                                        Joseph J. Hagan
                                                                                   and Chief Information Officer
     Mark T. Clark                          Mark T. Clark                                                               President and Chief
                                                                                   Mark A. Julian                       Nuclear Officer
     Executive Vice President,              Executive Vice President,
     Strategic Planning and Operations                                             Vice President, Energy Delivery
                                            Strategic Planning and Operations
                                                                                                                        James H. Lash
     Richard R. Grigg                                                              Nicholas J. Lizanich
                                            Richard R. Grigg                                                            Senior Vice President
                                                                                                                        and Chief Operating Officer
     Executive Vice President                                                      Vice President, Asset Oversight
                                            Executive Vice President
     and President, FirstEnergy Utilities   and President, FirstEnergy Utilities
                                                                                                                        Danny L. Pace
                                                                                   Thomas C. Navin
     Gary R. Leidich                        Gary R. Leidich                                                             Senior Vice President, Fleet
                                                                                   Vice President, Investment
                                                                                                                        Engineering
     Executive Vice President                                                      Management
                                            Executive Vice President
     and President, FirstEnergy             and President, FirstEnergy
                                                                                                                        Barry S. Allen
                                                                                   John E. Paganie
     Generation                             Generation
                                                                                                                        Vice President, Davis-Besse
                                                                                   Vice President, Energy Efficiency
     Leila L. Vespoli*                      Lynn M. Cavalier
                                                                                                                        Mark B. Bezilla
                                                                                   Robert P. Reffner
     Executive Vice President               Senior Vice President,
                                                                                                                        Vice President, Perry
                                                                                   Vice President, Legal
     and General Counsel                    Human Resources
                                                                                                                        Paul A. Harden
                                                                                   Ronald E. Seeholzer
     Richard H. Marsh*                      David C. Luff
                                                                                                                        Vice President, Nuclear Support
                                                                                   Vice President, Investor Relations
     Senior Vice President                  Senior Vice President,
     and Chief Financial Officer            Governmental Affairs
                                                                                                                        Jeannie M. Rinckel
                                                                                   Eugene J. Sitarz
                                                                                                                        Vice President, Fleet Oversight
                                                                                   Vice President, Tax
     James F. Pearson*                      Donald R. Schneider
     Vice President and Treasurer           Senior Vice President,
                                                                                                                        Peter P. Sena
                                                                                   Daniel V. Steen
                                            Energy Delivery &
                                                                                                                        Vice President, Beaver Valley
                                                                                   Vice President, Environmental
     Harvey L. Wagner*                      Customer Service
     Vice President, Controller
                                                                                   Stanley F. Szwed
                                            Thomas M. Welsh
     and Chief Accounting Officer
                                                                                   Vice President, Federal Energy
                                            Senior Vice President,
                                                                                   Regulatory Commission Policy,
     Rhonda S. Ferguson*                                                                                                FirstEnergy Regional
                                            Assistant to CEO
                                                                                   and Chief FERC Compliance
     Corporate Secretary                                                                                                Operations Management
                                                                                   Officer
                                            Tony C. Banks
     Paulette R. Chatman**                  Vice President, Business
                                                                                   Bradford F. Tobin                    OHIO
     Assistant Controller                   Development, Performance
                                                                                   Vice President, Supply Chain,
                                            & Management
                                                                                                                        James M. Murray
     Jacqueline S. Cooper*                                                         and Chief Procurement Officer
                                                                                                                        President, Ohio Operations
     Assistant Corporate Secretary          David M. Blank
                                                                                   Richard J. Horak
                                            Vice President, Rates
                                                                                                                        Dennis M. Chack
     Jeffrey R. Kalata*                                                            Assistant Controller
                                            & Regulatory Affairs
                                                                                                                        Regional President, The Cleveland
     Assistant Controller
                                                                                                                        Electric Illuminating Company
                                            William D. Byrd
     Randy Scilla**
                                            Vice President, Corporate
                                                                                                                        Trent A. Smith
     Assistant Treasurer
                                            Risk and Chief Risk Officer            FirstEnergy Solutions Corp.          Regional President,
     Edward J. Udovich**                                                                                                The Toledo Edison Company
                                            Mary Beth Carroll
     Assistant Corporate Secretary
                                            Vice President, Corporate              Charles E. Jones                     Steven E. Strah
                                            Affairs & Community
     Lisa S. Wilson*                                                               President                            Regional President,
                                            Involvement
     Assistant Controller                                                                                               Ohio Edison Company
                                                                                   Ali Jamshidi
                                            Thomas A. Clark                        Vice President,
                                            Vice President, Customer Service
     * Also holds a similar position                                               Commodity Operations                 PENNSYLVANIA
                                            & Service Area Development
     with FirstEnergy Service Company,
                                                                                   Charles D. Lasky                     Douglas S. Elliott
     FirstEnergy Solutions Corp., and
                                            Ralph J. DiNicola                      Vice President, Fossil Operations    President, Pennsylvania
     FirstEnergy Nuclear Operating
                                            Vice President, Communications
                                                                                                                        Operations
     Company.
                                                                                   Arthur W. Yuan
                                            Michael J. Dowling                     Vice President, Sales & Marketing    Ronald P. Lantzy
     ** Also holds a similar position
                                            Vice President,
                                                                                                                        Regional President,
     with FirstEnergy Service Company
                                                                                   Dennis J. Fuster †
                                            Governmental Affairs
                                                                                                                        Metropolitan Edison Company
     and FirstEnergy Nuclear
                                                                                   Vice President
     Operating Company.                     Bradley S. Ewing                                                            James R. Napier, Jr.
                                                                                   Frank A. Lubich †
                                            Vice President, Energy Delivery
                                                                                                                        Regional President,
                                                                                   Vice President, Fossil Operations
                                                                                                                        Pennsylvania Electric Company
                                            Rhonda S. Ferguson
                                            Vice President, Corporate
                                                                                       FirstEnergy Generation Corp.
                                                                                   †
                                            Secretary and Chief Ethics Officer                                          NEW JERSEY
                                            Dennis J. Fuster                                                            Stephen E. Morgan
                                            Vice President, Project                                                     President, Jersey Central
                                            Construction                                                                Power & Light Company

                                                                                                                        Donald M. Lynch
                                                                                                                        Regional President, Jersey
                                                                                                                        Central Power & Light Company

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FirstEnergy Board_of_Directors_and_Officers

  • 1. FIRSTENERGY BOARD OF DIRECTORS 8 Paul T. Addison Anthony J. Alexander Michael J. Anderson Dr. Carol A. Cartwright William T. Cottle Robert B. Heisler, Jr. Dear Shareholders: On behalf of your Board of Directors, I want FirstEnergy’s corporate governance practices to thank FirstEnergy’s management team and also ranked among the top 10 percent of all employees for another record year. utilities and the top 15 percent of all S&P 500 As a result of continued strong operational companies at the beginning of 2008, based and financial performance, the market value of on corporate governance measures used by your Company increased by nearly $3 billion ISS Governance Services. last year. Our 2007 total shareholder return of You can learn more by reading our 23.6 percent, which reflects stock price appre- Corporate Responsibility Report, which offers ciation plus reinvested dividends, was among a comprehensive look at your Company’s the best in our industry. Based on our ethics and governance practices, environmental confidence in your Company’s future, the commitment, health and safety issues, and Board increased the common stock dividend contributions to our region’s quality of life. by an additional 10 percent in December, which The report is available online at brings the annual rate to $2.20 per share. www.firstenergycorp.com. As FirstEnergy addresses its opportunities Your Board is proud of FirstEnergy’s and challenges, we remain committed to continued progress in enhancing value to rigorous standards of corporate governance shareholders and remains committed to ensuring and ethics. In February of this year, we were that your interests are well represented. honored to be named among the top 100 Thank you for your ongoing confidence Corporate Citizens in the United States by and support. Corporate Responsibility Officer (CRO) Magazine. This prestigious annual study measures corporate efforts to address issues Sincerely, related to climate change, employee relations, environment, finance, governance, human rights, lobbying and philanthropy. GEORGE M. SMART Chairman of the Board
  • 2. 9 Ernest J. Novak, Jr. Catherine A. Rein George M. Smart Wes M. Taylor Jesse T. Williams, Sr. Paul T. Addison (61) Ernest J. Novak, Jr. (63) Retired, formerly Managing Director in the Utilities Retired, formerly Managing Partner of the Department of Salomon Smith Barney (Citigroup). Cleveland office of Ernst & Young LLP. Chair, Chair, Finance Committee; Member, Audit Committee. Audit Committee; Member, Finance Committee. Director of FirstEnergy Corp. since 2003. Director of FirstEnergy Corp. since 2004. Anthony J. Alexander (56) Catherine A. Rein (65) President and Chief Executive Officer of FirstEnergy Retired, formerly Senior Executive Vice President Corp. Director of FirstEnergy Corp. since 2002. and Chief Administrative Officer of MetLife Inc. Chair, Compensation Committee; Member, Audit Michael J. Anderson (56) Committee. Director of FirstEnergy Corp. since President and Chief Executive Officer of The 2001 and of the former GPU, Inc. (merged with Andersons, Inc., and Chairman of the Board of FirstEnergy in 2001) from 1989-2001. Interstate Bakeries Corporation. Member, Finance and Nuclear Committees. Director of FirstEnergy George M. Smart (62) Corp. since 2007. Non-executive Chairman of the FirstEnergy Corp. Board of Directors. Retired, formerly President of Dr. Carol A. Cartwright (66) Sonoco-Phoenix, Inc. Member, Audit and Corporate Retired, formerly President of Kent State University. Governance Committees. Director of FirstEnergy Chair, Corporate Governance Committee; Member, Corp. since 1997 and of Ohio Edison from 1988-1997. Compensation Committee. Director of FirstEnergy Corp. since 1997 and of Ohio Edison from 1992-1997. Wes M. Taylor (65) Retired, formerly President of TXU Generation. William T. Cottle (62) Member, Compensation and Nuclear Committees. Retired, formerly Chairman of the Board, President Director of FirstEnergy Corp. since 2004. and Chief Executive Officer of STP Nuclear Operating Company. Chair, Nuclear Committee; Jesse T. Williams, Sr. (68) Member, Corporate Governance Committee. Retired, formerly Vice President of Human Director of FirstEnergy Corp. since 2003. Resources Policy, Employment Practices and Systems of The Goodyear Tire & Rubber Company. Member, Robert B. Heisler, Jr. (59) Corporate Governance and Nuclear Committees. Special Assistant for Community and Business Director of FirstEnergy Corp. since 1997 and of Strategies to the President of Kent State University; Ohio Edison from 1992-1997. retired Chairman of the Board of KeyBank N.A. Member, Compensation and Finance Committees. Director of FirstEnergy Corp. from 1998-2004 and since 2006.
  • 3. FIRSTENERGY OFFICERS 10 FirstEnergy Nuclear Operating Company FirstEnergy Corp. FirstEnergy Service Company Anthony J. Alexander Anthony J. Alexander Bennett L. Gaines Anthony J. Alexander Chief Executive Officer President and Vice President, Information President and Chief Executive Officer Technology & Corporate Security, Chief Executive Officer Joseph J. Hagan and Chief Information Officer Mark T. Clark Mark T. Clark President and Chief Mark A. Julian Nuclear Officer Executive Vice President, Executive Vice President, Strategic Planning and Operations Vice President, Energy Delivery Strategic Planning and Operations James H. Lash Richard R. Grigg Nicholas J. Lizanich Richard R. Grigg Senior Vice President and Chief Operating Officer Executive Vice President Vice President, Asset Oversight Executive Vice President and President, FirstEnergy Utilities and President, FirstEnergy Utilities Danny L. Pace Thomas C. Navin Gary R. Leidich Gary R. Leidich Senior Vice President, Fleet Vice President, Investment Engineering Executive Vice President Management Executive Vice President and President, FirstEnergy and President, FirstEnergy Barry S. Allen John E. Paganie Generation Generation Vice President, Davis-Besse Vice President, Energy Efficiency Leila L. Vespoli* Lynn M. Cavalier Mark B. Bezilla Robert P. Reffner Executive Vice President Senior Vice President, Vice President, Perry Vice President, Legal and General Counsel Human Resources Paul A. Harden Ronald E. Seeholzer Richard H. Marsh* David C. Luff Vice President, Nuclear Support Vice President, Investor Relations Senior Vice President Senior Vice President, and Chief Financial Officer Governmental Affairs Jeannie M. Rinckel Eugene J. Sitarz Vice President, Fleet Oversight Vice President, Tax James F. Pearson* Donald R. Schneider Vice President and Treasurer Senior Vice President, Peter P. Sena Daniel V. Steen Energy Delivery & Vice President, Beaver Valley Vice President, Environmental Harvey L. Wagner* Customer Service Vice President, Controller Stanley F. Szwed Thomas M. Welsh and Chief Accounting Officer Vice President, Federal Energy Senior Vice President, Regulatory Commission Policy, Rhonda S. Ferguson* FirstEnergy Regional Assistant to CEO and Chief FERC Compliance Corporate Secretary Operations Management Officer Tony C. Banks Paulette R. Chatman** Vice President, Business Bradford F. Tobin OHIO Assistant Controller Development, Performance Vice President, Supply Chain, & Management James M. Murray Jacqueline S. Cooper* and Chief Procurement Officer President, Ohio Operations Assistant Corporate Secretary David M. Blank Richard J. Horak Vice President, Rates Dennis M. Chack Jeffrey R. Kalata* Assistant Controller & Regulatory Affairs Regional President, The Cleveland Assistant Controller Electric Illuminating Company William D. Byrd Randy Scilla** Vice President, Corporate Trent A. Smith Assistant Treasurer Risk and Chief Risk Officer FirstEnergy Solutions Corp. Regional President, Edward J. Udovich** The Toledo Edison Company Mary Beth Carroll Assistant Corporate Secretary Vice President, Corporate Charles E. Jones Steven E. Strah Affairs & Community Lisa S. Wilson* President Regional President, Involvement Assistant Controller Ohio Edison Company Ali Jamshidi Thomas A. Clark Vice President, Vice President, Customer Service * Also holds a similar position Commodity Operations PENNSYLVANIA & Service Area Development with FirstEnergy Service Company, Charles D. Lasky Douglas S. Elliott FirstEnergy Solutions Corp., and Ralph J. DiNicola Vice President, Fossil Operations President, Pennsylvania FirstEnergy Nuclear Operating Vice President, Communications Operations Company. Arthur W. Yuan Michael J. Dowling Vice President, Sales & Marketing Ronald P. Lantzy ** Also holds a similar position Vice President, Regional President, with FirstEnergy Service Company Dennis J. Fuster † Governmental Affairs Metropolitan Edison Company and FirstEnergy Nuclear Vice President Operating Company. Bradley S. Ewing James R. Napier, Jr. Frank A. Lubich † Vice President, Energy Delivery Regional President, Vice President, Fossil Operations Pennsylvania Electric Company Rhonda S. Ferguson Vice President, Corporate FirstEnergy Generation Corp. † Secretary and Chief Ethics Officer NEW JERSEY Dennis J. Fuster Stephen E. Morgan Vice President, Project President, Jersey Central Construction Power & Light Company Donald M. Lynch Regional President, Jersey Central Power & Light Company